These High-Yield Stocks Are Adding to Their Appeal
Brookfield Infrastructure Partners (NYSE: BIP) and its sibling Brookfield Renewable Partners (NYSE: BEP) have been excellent investments over the years. Brookfield Infrastructure, for example, has generated an 18% total annual return since its formation in 2009. Meanwhile, its renewable energy-focused sibling's total return has been 16% annualized since 1999. They've generated these strong returns by consistently growing their cash flow and distributions to investors.
Unfortunately, not everyone has been able to invest in these excellent companies. That's because they're publicly traded partnerships (which are similar to MLPs), meaning investors can't hold them in retirement accounts. On top of that, some investors have avoided them because they send a Schedule K-1 Form at tax time instead of the simpler 1099-DIV Form.
These Brookfield entities, however, are doing something to address those issues by creating corporations that will allow investors to buy shares in their retirement accounts.
Source Fool.com
