Brookfield Infrastructure Partners LP (TSE:BIP) Plans Quarterly Dividend of $0.55

Brookfield Infrastructure Partners LP (TSE:BIP) declared a quarterly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.548 per share on Friday, June 28th. This represents a $2.19 annualized dividend and a yield of ∞. The ex-dividend date is Friday, May 31st. This is a positive change from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.53.

Brookfield Infrastructure Partners Price Performance

Brookfield Infrastructure Partners (TSE:BIP) last issued its quarterly earnings results on Thursday, February 1st. The company reported C($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.09 by C($1.36). The firm had revenue of C$6.77 billion during the quarter.

About Brookfield Infrastructure Partners

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data infrastructure sectors across North and South America, Asia Pacific and Europe. The Company is focused on assets that have contracted and regulated revenues that generate stable and predictable cash flows.