On Thursday, January 30th the Board of Directors of Brookfield Infrastructure Partners L.P. (BIP) announced a quarterly distribution increase of from $0.405 to $0.43 per share that’s payable March 31, 2025 to holders of record February 28, 2025. This represents a 6.17% increase over the last quarterly dividend.
In conjunction with the Partnership’s distribution declaration, the Board of Directors of Brookfield Infrastructure Corporation (BIPC) has declared an equivalent quarterly dividend of $0.43 per share, also payable on March 31, 2025 to shareholders of record as at the close of business on February 28, 2025.
At the current price of $42.02 (yesterday's close), this increase will raise BIPC's dividend yield to 4.09%.