Noteworthy Dividend Flows: This is why Brookfield Infrastructure Partners LP (NYSE:BIP) will be paying investors dividends of $0.39 on Dec 30, 2016.

Noteworthy Dividend Flows: This is why Brookfield Infrastructure Partners LP (NYSE:BIP) will be paying investors dividends of $0.39 on Dec 30, 2016.

Brookfield Infrastructure Partners LP (NYSE:BIP) is expected to pay $0.39 on Dec 30, 2016. The indicated annual dividend is $1.56. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Brookfield Infrastructure Partners LP’s current price of $33.04, the dividend is 1.18%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 4, 2016. The stock decreased 0.03% or $0.01 on November 25, hitting $33.04. About 124,524 shares traded hands. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 17.64% since April 25, 2016 and is uptrending. It has outperformed by 11.62% the S&P500.

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. The company has a market cap of $8.03 billion. The Company’s divisions include Utilities, Transport, Energy, Communications Infrastructure and Other. It has a 43.92 P/E ratio. The Company’s utilities segment consists of regulated terminal, which is a coal export terminal; electricity transmission, which consists of approximately 11,100 kilometers of transmission lines in North and South America, and regulated distribution, which consists of approximately 2.6 million electricity and natural gas connections.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) Ratings Coverage

Out of 7 analysts covering Brookfield Infrastructure Partners (NYSE:BIP), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. $51 is the highest target while $35 is the lowest. The $43.14 average target is 30.57% above today’s ($33.04) stock price. Brookfield Infrastructure Partners has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) earned “Equal-Weight” rating by Barclays Capital on Friday, January 22. The company was maintained on Tuesday, August 18 by Scotia Capital. The firm has “Buy” rating by TD Securities given on Wednesday, March 16. The firm earned “Outperform” rating on Tuesday, December 1 by National Bank Canada. Scotia Capital maintained it with “Sector Perform” rating and $46.50 target price in Thursday, August 6 report. The rating was downgraded by Raymond James to “Outperform” on Monday, September 26. The firm has “Strong Buy” rating by Raymond James given on Wednesday, January 13. On Monday, September 19 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Buy” rating given on Monday, September 26 by TD Securities. As per Thursday, February 4, the company rating was maintained by RBC Capital Markets.

More notable recent Brookfield Infrastructure Partners L.P. (NYSE:BIP) news were published by: Fool.com which released: “Better Buy: Brookfield Infrastructure Partners LP vs. Kinder Morgan Inc.” on October 11, 2016, also Fool.com with their article: “Brookfield Infrastructure Partners LP’s Best Business Segment in 2016 So Far” published on September 23, 2016, Fool.com published: “Brookfield Infrastructure Partners LP’s Earnings Rise on Recently Completed …” on November 04, 2016. More interesting news about Brookfield Infrastructure Partners L.P. (NYSE:BIP) were released by: Fool.com and their article: “Will Brookfield Infrastructure Partners LP Raise Its Dividend in 2017?” published on August 24, 2016 as well as Fool.com‘s news article titled: “Better Buy: Brookfield Infrastructure Partners LP vs. Brookfield Property …” with publication date: August 18, 2016.

BIP Company Profile

Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure), incorporated on May 29, 2007, owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. The Company’s divisions include Utilities, Transport, Energy, Communications Infrastructure and Other.

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