Better Buy: Brookfield Infrastructure Partners LP vs. Emera Incorporated

For income investors, Brookfield Infrastructure Partners L.P. (NYSE: BIP) and EMERA INC COM NPV (NASDAQOTH: EMRAF) have proven reliable investments -- both for steady payouts and for solid track records of dividend growth. 

But which is a better buy? Unfortunately, it's not a simple question to answer. 

Besides paying steady and growing dividends, Emera and Brookfield Infrastructure are actually two very different businesses that are structured in different ways that can make a huge difference in which one you should own. The reality is that depending on your situation, one might make perfect sense, while the other could actually be a bad stock to buy. Keep reading to learn why that's the case. 

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Source: Fool.com