3 Infrastructure Stocks You Can Buy and Hold for the Next Decade
Infrastructure has a pretty broad definition, including everything from pipelines to electric utility assets to toll roads, railroads, and seaports. What's fairly universal is that infrastructure generally doesn't get the credit it deserves given how important it is to the global economy. In fact, many infrastructure stocks are reliable, high-yielding dividend payers. If that sounds interesting, then you'll want to look at Brookfield Infrastructure Partners (NYSE: BIP), Enterprise Products Partners (NYSE: EPD), and, despite its more modest dividend yield, NextEra Energy (NYSE: NEE).
As noted above, infrastructure covers a lot of ground. Brookfield Infrastructure Partners has most of that ground covered in its portfolio, with assets spanning across the utility, pipeline, toll road, railroad, port, and data sectors, among others. In addition, it owns assets in North American, South American, Europe, and Asia. In other words, this is a one-stop-shop for investors seeking out infrastructure investments. And if you aren't a fan of the master limited partnership structure (MLP), you can buy Brookfield Infrastructure Corporation (NYSE: BIPC), which is basically an alternative share class (offered only recently) that avoids the tax implications inherent with MLPs.
Image source: Getty Images.
Source Fool.com
