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FY2023 EPS Estimates for Brookfield Infrastructure Partners LP Decreased by National Bank Financial (TSE:BIP)

Defense World ·  Feb 9, 2023 14:57

Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) – Investment analysts at National Bank Financial lowered their FY2023 earnings per share estimates for shares of Brookfield Infrastructure Partners in a note issued to investors on Sunday, February 5th. National Bank Financial analyst P. Kenny now forecasts that the company will earn $4.03 per share for the year, down from their previous forecast of $4.05. National Bank Financial has a "Sector Perform Market Weight" rating on the stock.

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Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, February 28th will be paid a dividend of $0.519 per share. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, February 27th.

Insider Buying and Selling

In other Brookfield Infrastructure Partners news, Director Sam Jb Pollock purchased 6,000 shares of the firm's stock in a transaction on Thursday, December 22nd. The stock was bought at an average cost of C$42.54 per share, for a total transaction of C$255,240.00. Following the completion of the purchase, the director now owns 41,390 shares in the company, valued at approximately C$1,760,730.60. In other Brookfield Infrastructure Partners news, Director John Patrick Mullen acquired 6,740 shares of the company's stock in a transaction on Wednesday, November 30th. The shares were bought at an average cost of C$50.32 per share, with a total value of C$339,185.24. Following the completion of the acquisition, the director now owns 6,740 shares in the company, valued at C$339,185.24. Also, Director Sam Jb Pollock acquired 6,000 shares of the company's stock in a transaction on Thursday, December 22nd. The stock was acquired at an average cost of C$42.54 per share, for a total transaction of C$255,240.00. Following the completion of the acquisition, the director now owns 41,390 shares of the company's stock, valued at approximately C$1,760,730.60.

Brookfield Infrastructure Partners Company Profile

(Get Rating)

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data infrastructure sectors across North and South America, Asia Pacific and Europe. The Company is focused on assets that have contracted and regulated revenues that generate stable and predictable cash flows.

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