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
How is the BIP distribution taxed in Finland?
ReplyDeleteHi, BIP's distribution is taxed as foreign income, will be added to my total income and taxed accordingly, in my case about 25%.
DeleteThanks for visiting,
DH