Brookfield Infrastructure Partners LP BIP.PR.B

Primary Symbol: BIP Alternate Symbol(s): T.BIP.PR.A | T.BIP.PR.B | T.BIP.UN | T.BIP.PR.E | T.BIP.PR.F | BRIPF

Utilities Utilities - Diversified

Brookfield Infrastructure Partners L.P. is a global infrastructure company. The Company owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. It is also a data center provider.

NYSE:BIP - Post by User

Brookfield Infrastructure Partners LP > Top Pick

<< Previous

Bullboard Posts

Next >>

Comment by retiredcfon Oct 16, 2024 4:18pm

77 Views

Post# 36268798

RE:Top Pick

Last stock in the clip. GLTA

https://www.bnnbloomberg.ca/video/shows/market-call/2024/10/16/chris-blumas-top-picks-nike-inc-alphabet-inc-and-brookfield-infrastructure-partners-lp/

Brookfield Infrastructure Partners L.P. (BIP.UN TSX)

Most recent purchase at $46.36 on Oct. 2, 2024.

Brookfield Infrastructure Partners (BIP) is a global infrastructure company with a diversified portfolio of assets. It operates through the following segments: utilities, transport, midstream and data. The utilities and transport businesses are the most significant and accounted for around two-thirds of cash flows last year. BIP’s size, sponsor support, diversified operating model, and global platform are unique and allow the company to recycle capital opportunistically and grow cash flows at an above-average rate. The shares currently trade around 10 times funds from operations and have a dividend yield of 4.7 per cent with funds from operations payout ratio of around 50 per cent.

TOP PICK
Brookfield Infrastructure Partners(BIP.UN-T)
16/10/2024

Always likes to have a pick for people looking for income. Gives you a bit of opportunity for growth and income for a very long time. Very diversified, global. Payout ratio is quite reasonable, so a safety play for income. Yield is 4.6%.

(Analysts’ price target is $52.06)
Energy Infrastructure, Industrials & Utilities

Chris Blumas
$48.960
Owned