This High-Yield Dividend Stock Is Delivering High-Powered Growth
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) isn't your typical high-yielding dividend stock. The company, which yields over 4%, is also growing briskly. That was evident in the second quarter when its funds from operations (FFO) increased by 10%.
The global infrastructure operator sees more high-powered growth ahead. That should give it the fuel to continue increasing its high-yielding dividend and produce strong total returns.
Brookfield Infrastructure generated $608 million of FFO in the second quarter, up 10% from the prior-year period. The company benefited from solid organic growth drivers and the impact of recently completed acquisitions.
Source Fool.com
Brookfield Corp. Aktie
38,14 €
-0,47 %
Die Brookfield Corp. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Eine erhebliche Steigerung um mehr als 20% ist für Brookfield Corp. mit einem Kursziel von 56 € im Vergleich zum aktuellen Kurs von 38.14 € zu erwarten.
