BIP.PRB

Brookfield Infrastructure Partners' Preferred Units, Series14 Crosses Above 7% Yield Territory

In trading on Tuesday, shares of Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14 (Symbol: BIP.PRB) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $17.66 on the day. This compares to an average yield of 6.69% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, BIP.PRB was trading at a 28.16% discount to its liquidation preference amount, versus the average discount of 17.76% in the "Utilities" category.

Performance Comparison Chart

Below is a dividend history chart for BIP.PRB, showing historical dividend payments on Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14:

BIP.PRB+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Tuesday trading, Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14 (Symbol: BIP.PRB) is currently off about 0.6% on the day, while the common shares (Symbol: BIP) are off about 0.7%.

Click here to find out the 50 highest yielding preferreds »

Also see:
• Institutional Holders of VEEA
• Funds Holding PBH
• KMR Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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