Where Will Brookfield Infrastructure Partners Be in 5 Years?
Brookfield Infrastructure Partners (NYSE: BIP) is a one-stop shop for anyone looking to invest in infrastructure assets. With a roughly 4.2% yield and a solid history of distribution growth, it will definitely please income investors in today's low-yield world. But where will Brookfield Infrastructure Partners be in five years? Here's the long and short answer to that important question.
The key to understanding Brookfield Infrastructure's long-term future is to understand how it grows. At its core, the master limited partnership owns and operates large physical assets that throw off reliable streams of cash because they are vital to the customers they serve. It passes a material amount of the cash through to its unitholders in the form of distributions. In order to grow its business, and keep extending its 13-year streak of annual distribution increases, Brookfield Infrastructure needs to buy more infrastructure assets.
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Source Fool.com
