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This High-Yield Dividend Stock Is Delivering High-Powered Growth

TheMotleyFool 
0 0 04.08.24
This High-Yield Dividend Stock Is Delivering High-Powered GrowthPhoto, wide shot, wide-angle lens, Private equity firm, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/6a5872d8-cc25-46f8-b436-bf3db1953908.png
 

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.

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Source Fool.com

Brookfield Corp. Stock

€38.14
-0.470%
Brookfield Corp. shows a slight decrease today, losing -€0.180 (-0.470%) compared to yesterday.
Our community is currently high on Brookfield Corp. with 11 Buy predictions and 4 Sell predictions.
As a result the target price of 54 € shows a positive potential of 41.58% compared to the current price of 38.14 € for Brookfield Corp..
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