#5 - Brookfield Infrastructure Partners LP (NYSE:BIP)
Brookfield Infrastructure Partners LP (NYSE: BIP) - A buzzword hovering over our economy for the past few years is infrastructure. From railroads and toll roads to modernizing utilities and wireless technology, the United States is getting a makeover. For investors that makes infrastructure stocks a valuable piece of their portfolio. Brookfield Infrastructure Partners LP has assets in all the areas we mentioned above and many more.
But beyond that, BIP gives retirees what the opportunity for an attractive dividend yield with low risk, and the opportunity for continuing growth. BIP’s current dividend yield is 4.76% and is considered extremely safe because the company uses approximately 66% of their funds from operations (FFO) to make distributions to its general partners and unitholders.
The company is forecasting over $3 trillion in municipal infrastructure by mid-2020 just in the United States. When investors factor in projects from all over the world, the opportunities are even better. Asia is looking at $26 trillion in infrastructure investments in the next decade and an additional $6.7 trillion in water supply and sanitation investments between now and 2050.
About Brookfield Infrastructure Partners
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services.
Read More - Current Price
- $34.74
- Consensus Rating
- Buy
- Ratings Breakdown
- 5 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $40.20 (15.7% Upside)
