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Brookfield Infrastructure Partners LP Declares Quarterly Dividend of $0.46 (TSE:BIP)

kopsource ·  Aug 4, 2022 22:41

Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) announced a quarterly dividend on Wednesday, August 3rd, Zacks reports. Shareholders of record on Wednesday, August 31st will be paid a dividend of 0.461 per share on Thursday, September 29th. This represents a $1.84 annualized dividend and a yield of ∞. The ex-dividend date is Tuesday, August 30th.

Brookfield Infrastructure Partners Stock Performance

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Brookfield Infrastructure Partners (TSE:BIP – Get Rating) last issued its quarterly earnings results on Wednesday, May 4th. The company reported C($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.09 by C($1.12). The business had revenue of C$4.32 billion for the quarter.

Insider Buying and Selling at Brookfield Infrastructure Partners

In other news, Director William John Cox acquired 1,650 shares of the stock in a transaction dated Wednesday, May 11th. The shares were bought at an average cost of C$77.09 per share, for a total transaction of C$127,198.50. Following the purchase, the director now directly owns 8,385 shares of the company's stock, valued at C$646,399.65.

Brookfield Infrastructure Partners Company Profile

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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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