BIP Stock Recent News

Brookfield Infrastructure trades at a historically cheap valuation multiple. The company's growth prospects have never been better.

Brookfield Infrastructure Corporation (BIPC) holds utility, midstream, transport and data centre assets globally. Brookfield has compounded at 13% since 2008 when including the dividend. Based on my sum of the parts analysis the entity trades at a 13% discount to economic value.

Brookfield Infrastructure has increased its dividend every year since its formation. The company expects to deliver 5% to 9% dividend growth over the long term.

Utilities offer income and stability, but face challenges like limited pricing power and rising debt costs, making them less attractive despite strong demand. Brookfield Infrastructure provides a better alternative, offering a diversified portfolio with stable, inflation-protected income and exposure to growth sectors. With consistent dividend growth, a strong balance sheet, and strategic acquisitions, Brookfield is well-positioned for long-term gains, especially as rates stabilize.

The world will need to build an unprecedented amount of power and computing capacity in the coming decades. Brookfield Renewable and Brookfield Infrastructure are leaders in building renewable energy and data center capacity.

Investors often have to choose between high-growth or high-yield stocks. However, there are some individual stocks that offer both attractive dividend yields and high growth. We discuss several of them in this article.

Q2, 2024 resulted in yet another quarter of increased FFO generation for Brookfield Infrastructure. All core segments exhibited growth dynamics, with an exception of the utilities business line, which was affected by sizeable non-core items. During the quarter, BIP managed to further right-size its leverage profile to effectively push forward the refinancing risk to 2027.

Companies will invest over $1 trillion into AI-related capital expenditures in the coming years. This investment megatrend will provide Brookfield Infrastructure with new investment opportunities.

Brookfield Infrastructure stock had a poor first half of 2024. The company's latest numbers, however, should give investors a reason to buy the stock.

Brookfield Infrastructure's recent big acquisition is helping to spur growth. Data center growth is contributing to both Brookfield sister companies.