Brookfield Infrastructure Partners (TSE:BIP) Upgraded at Cibc World Mkts

Cibc World Mkts upgraded shares of Brookfield Infrastructure Partners (TSE:BIP) to a strong-buy rating in a research report report published on Friday, Zacks.com reports.

Brookfield Infrastructure Partners Price Performance

Brookfield Infrastructure Partners Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, August 30th will be given a dividend of $0.554 per share. The ex-dividend date is Friday, August 30th. This is a positive change from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.55. This represents a $2.22 dividend on an annualized basis and a dividend yield of ∞.

Brookfield Infrastructure Partners Company Profile

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.