|Bid||52.71 x 800|
|Ask||52.80 x 800|
|Day's Range||52.45 - 53.78|
|52 Week Range||37.00 - 54.77|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||128.18|
|Forward Dividend & Yield||2.04 (3.80%)|
|Ex-Dividend Date||Feb 25, 2021|
|1y Target Est||N/A|
Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) operates assets crucial to supporting the global economy. Driving this segment's growth was inflation-related contract rate increases and the completion of $375 million of expansion projects over the past year, which more than offset the sale of two businesses in 2020.
Once you're living off your investments, stocks with reliable and growing payouts become more than attractive -- they become essential.
Canada's Inter Pipeline Ltd, which is fighting a hostile takeover bid from Brookfield Infrastructure Partners, on Thursday said it has signed contracts with buyers for 60% of production from its Alberta petrochemical plant. The C$4 billion ($3.20 billion) Heartland Petrochemical Project has emerged as a central asset in Brookfield's bid to buy the Calgary-based energy infrastructure company. Inter says the Heartland plant will open up new markets and boost earnings, but cost overruns and slow progress in securing buyers for the polypropylene pellets it will produce have weighed on the company's stock.