Brookfield Infrastructure Partners (TSE:BIP – Get Rating) will be announcing its earnings results before the market opens on Thursday, February 2nd. Analysts expect the company to announce earnings of C$0.97 per share for the quarter.
Brookfield Infrastructure Partners (TSE:BIP – Get Rating) last announced its earnings results on Wednesday, November 2nd. The company reported C$0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.79 by C($0.72). The company had revenue of C$4.73 billion for the quarter.
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Brookfield Infrastructure Partners Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Wednesday, November 30th were issued a dividend of $0.498 per share. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.46. This represents a $1.99 annualized dividend and a dividend yield of ∞. The ex-dividend date was Tuesday, November 29th.
Analyst Upgrades and Downgrades
Separately, National Bank Financial lowered Brookfield Infrastructure Partners from an "outperfrom under weight" rating to a "sector perform market weight" rating in a report on Thursday, November 3rd.Insider Transactions at Brookfield Infrastructure Partners
In other Brookfield Infrastructure Partners news, Director Sam Jb Pollock acquired 6,000 shares of the company's stock in a transaction dated Thursday, December 22nd. The shares were acquired at an average cost of C$42.54 per share, for a total transaction of C$255,240.00. Following the completion of the purchase, the director now owns 41,390 shares of the company's stock, valued at approximately C$1,760,730.60. In other news, Director Sam Jb Pollock bought 6,000 shares of the firm's stock in a transaction that occurred on Thursday, December 22nd. The shares were acquired at an average cost of C$42.54 per share, with a total value of C$255,240.00. Following the completion of the transaction, the director now directly owns 41,390 shares in the company, valued at C$1,760,730.60. Also, Director John Patrick Mullen acquired 6,740 shares of the firm's stock in a transaction on Wednesday, November 30th. The shares were bought at an average cost of C$50.32 per share, for a total transaction of C$339,185.24. Following the completion of the acquisition, the director now directly owns 6,740 shares of the company's stock, valued at approximately C$339,185.24.
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.
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