Brookfield Infrastructure Partners (NYSE:BIP) have soared more than 25% since June 2020.
Brookfield Infrastructure Corporation (NYSE:BIPC), which offers a way to buy the same underlying business without the tax complications of a limited partnership, has seen its stock skyrocket more than 50%.
Both stocks pay the same dividend. However, because of BIPC s impressive run, its yield of close to 2.8% is well below BIP s dividend yield of 3.8%.
Brookfield Infrastructure posted record results for the first quarter of 2021. Its funds from operations (FFO) jumped 20% year over year. Earnings vaulted nearly 60% higher. The company benefited from both organic growth and acquisitions.
Infrastructure is definitely in right now. Business is booming for Brookfield s utilities, railroads, ports, pipelines, data centers, and cell towers. The company hopes to succeed with its hostile takeover attempt of
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