Inflation Is Giving This Dividend Growth Stock a Boost
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) recently reported its fourth-quarter results. One of the recurring themes from that report was the positive effect it's seeing from inflation. That was one of many catalysts helping drive a remarkable year for the company. With inflation still running hot, Brookfield expects 2022 to be another good year.
That optimistic view gave the company the confidence to boost its dividend by another 6%, marking the 13th straight year it increased its payout.
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Source Fool.com
