Post by
Betteryear2 on May 03, 2023 7:20am
Distribution and Dividend Declaration
The Board of Directors of BIP has declared a quarterly distribution in the amount of $0.3825 per unit, payable on June 30, 2023 to unitholders of record as at the close of business on May 31, 2023. The regular quarterly dividends on the Cumulative Class A Preferred Limited Partnership Units, Series 1, Series 3, Series 9, Series 11, Series 13 and Series 14 have also been declared, as well as the capital gains dividend for BIP Investment Corporation Senior Preferred Shares, Series 1. In conjunction with the Partnership’s distribution declaration, the Board of Directors of BIPC has declared an equivalent quarterly dividend of $0.3825 per share, also payable on June 30, 2023 to shareholders of record as at the close of business on May 31, 2023.