Brookfield Infrastructure (BIPC) to Release Earnings on Wednesday

Brookfield Infrastructure (NASDAQ:BIPC) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 1st. Investors interested in registering for the company’s conference call can do so using this link.

Brookfield Infrastructure Stock Performance

Shares of Brookfield Infrastructure stock traded down $0.61 during trading on Tuesday, hitting $30.55. The company’s stock had a trading volume of 151,833 shares, compared to its average volume of 557,122. Brookfield Infrastructure has a 52 week low of $25.48 and a 52 week high of $48.23. The company has a market capitalization of $4.03 billion, a PE ratio of 21.64 and a beta of 1.38. The company has a fifty day simple moving average of $33.38 and a two-hundred day simple moving average of $33.23.

Brookfield Infrastructure Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were given a $0.405 dividend. This is a boost from Brookfield Infrastructure’s previous quarterly dividend of $0.38. This represents a $1.62 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend was Wednesday, February 28th. Brookfield Infrastructure’s payout ratio is currently 112.50%.

About Brookfield Infrastructure

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.