Monday, February 10, 2020

Distribution Increase – Brookfield Infrastructure Partners L.P. (BIP)



Today the 10th of February the Board of Directors of Brookfield Infrastructure Partners L.P. announced a quarterly distribution increase from $ 0.5025 to $ 0.5375 per share that’s payable March 30, 2020 to holders of record February 28, 2020. This represents a 6.97% increase to the last quarter distribution.

With current price $ 54.31 (today's open), this raise brings their distribution yield to 3.96 %.

Since I own 96 shares of BIP, this will increase my portfolio's projected annual net distribution income by $ 10.01.



This increase raises my YOC to 4.55%.

Summary of 2020 Dividend Increases / Cuts







Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long BEP

Thanks for stopping by!

2 comments:

  1. AnonymousFebruary 17, 2020 at 11:42 AM

    How is the BIP distribution taxed in Finland?

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    Replies
    1. DividendHawkFebruary 17, 2020 at 9:11 PM

      Hi, BIP's distribution is taxed as foreign income, will be added to my total income and taxed accordingly, in my case about 25%.

      Thanks for visiting,
      DH

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