This High-Yield Dividend Stock Is Delivering High-Powered Growth [Yahoo! Finance]
Brookfield Infrastructure Corporation (BIPC)
Company Research
Source: Yahoo! Finance
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 A strong showing 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. The strongest performance came from Brookfield's transport segment, where FFO zoomed 60% to $319 million. The company benefited from acquiring its global intermodal logistics operation and buying another 10% stake in its Brazilian integrated rail and logistics operation. The remaining businesses also performed well, delivering 9% organic growth driven by inflationary tariff increases across its global portfolio. Brookfield's data segment was another notable contributor
Show less
Read more
Impact Snapshot
Event Time:
BIPC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BIPC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BIPC alerts
High impacting Brookfield Infrastructure Corporation news events
Weekly update
A roundup of the hottest topics
BIPC
News
- Brookfield Infrastructure Corporation (NYSE:BIPC) is a favorite amongst institutional investors who own 67% [Yahoo! Finance]Yahoo! Finance
- If I Could Only Buy 1 Dividend Stock in September, This Would Be My Top Choice [Yahoo! Finance]Yahoo! Finance
- Can Brookfield Infrastructure Corporation (NYSE:BIPC) Maintain Its Strong Returns? [Yahoo! Finance]Yahoo! Finance
- Here's Why Brookfield Infrastructure Partners Tumbled Nearly 13% in the 1st Half of 2024 [Yahoo! Finance]Yahoo! Finance
- My Top High-Yield Dividend Stock to Buy in July (Income is Only Part of the Equation) [Yahoo! Finance]Yahoo! Finance
BIPC
Sec Filings
- 8/9/24 - Form 6-K
- 8/1/24 - Form 6-K
- BIPC's page on the SEC website