Brookfield Infrastructure Partners (BIP) Scheduled to Post Quarterly Earnings on Wednesday

Posted by Defense World Staff on Apr 26th, 2023

Brookfield Infrastructure Partners (TSE:BIP – Get Rating) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 3rd. Analysts expect the company to announce earnings of C$0.96 per share for the quarter.

Brookfield Infrastructure Partners (TSE:BIP – Get Rating) last issued its earnings results on Thursday, February 2nd. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C$0.97 by C($1.01). The firm had revenue of C$5.03 billion during the quarter.

Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th were issued a dividend of $0.519 per share. This is a boost from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of ∞. The ex-dividend date was Monday, February 27th.

Insider Transactions at Brookfield Infrastructure Partners

In related news, Director William John Cox bought 2,800 shares of the stock in a transaction dated Tuesday, February 21st. The shares were acquired at an average cost of C$34.57 per share, for a total transaction of C$96,796.00.

Brookfield Infrastructure Partners Company Profile

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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.