Where Will Brookfield Infrastructure Partners Be in 1 Year?
Brookfield Infrastructure Partners (NYSE: BIP) is offering a generous 5% distribution yield backed by over a decade of annual dividend increases. Investors looking for a diversified infrastructure investment would do well to take a look. But COVID-19 has changed the broader market and global economy, so the next year or so could look a little different at Brookfield Infrastructure. That's not a bad thing at all, just a sign of a resilient and thoughtful management approach.
The easy way to describe Brookfield Infrastructure's business is that it owns a broadly diversified collection of infrastructure assets. For example, the master limited partnership's portfolio includes utilities (electricity generation and transmission), transportation (toll roads, ports, and rail lines), energy (midstream pipelines), and, more recently, data infrastructure (data storage and transmission). These are expensive physical assets that are expected to generate consistent cash flows over long lifetimes. Moreover, they are spread across the globe, with the partnership owning assets in North America, South America, Europe, and Asia. It is a one-stop shop for investors seeking out a diversified infrastructure investment.
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Source Fool.com
