He is not sure why it is down, probably more about interest rate levels and their effect on debt levels. The business is fine and since it can raise prices with inflation, it is an inflation protected play. It has great assets and is a great re-cycler of cash flow. Management knows what they are doing.
Shares have taken an $18 hit since September. He's owned this for a while, and has been adding shares in the past month as shares fall. The dividend yield is 4.5%
Likes it for income. The subsidiaries pay out most of their income as dividends to shareholders and to the parent company.
You have to evaluate each company separately. He owns BEP.UN and BIP.UN, as he finds those the most attractive long term. With those two, you tap into the Brookfield global, private equity expertise, with a focus on renewables and infrastructure. You have to analyze the risk/reward and see what's right for you.
Brookfield Infrastructure Partners is a Canadian stock, trading under the symbol BIP.UN-T on the Toronto Stock Exchange (BIP.UN-CT). It is usually referred to as TSX:BIP.UN or BIP.UN-T
In the last year, 19 stock analysts published opinions about BIP.UN-T. 16 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Brookfield Infrastructure Partners.
Brookfield Infrastructure Partners was recommended as a Top Pick by on . Read the latest stock experts ratings for Brookfield Infrastructure Partners.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
19 stock analysts on Stockchase covered Brookfield Infrastructure Partners In the last year. It is a trending stock that is worth watching.
On 2023-03-31, Brookfield Infrastructure Partners (BIP.UN-T) stock closed at a price of $45.29.
A solid income name. Owns this as the parent company. They make data towers, pipelines, etc. They have good cash flow to absorb cost escalation on projects and pays a 4.5% dividend. Share have been down because of interest rates.