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William John Cox Buys 2,800 Shares of Brookfield Infrastructure Partners LP (TSE:BIP) Stock

kopsource ·  Mar 24, 2023 18:42

Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) Director William John Cox bought 2,800 shares of the company's stock in a transaction on Tuesday, February 21st. The shares were acquired at an average price of C$34.57 per share, with a total value of C$96,796.00.

Brookfield Infrastructure Partners Stock Performance

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Brookfield Infrastructure Partners (TSE:BIP – Get Rating) last announced its earnings results on Thursday, February 2nd. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.97 by C($1.01). The business had revenue of C$5.03 billion during the quarter.

Brookfield Infrastructure Partners Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.519 per share. This represents a $2.08 annualized dividend and a dividend yield of ∞. The ex-dividend date is Monday, February 27th. This is a positive change from Brookfield Infrastructure Partners's previous quarterly dividend of $0.50.

About Brookfield Infrastructure Partners

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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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