Brookfield Infrastructure Partners LP (NYSE:BIP) Updates On Quarterly Dividend


As per Brookfield Infrastructure Partners LP (NYSE:BIP) statement on 2016-08-03, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.59 per share as dividend to stakeholders. The record date is set as 2016-08-31, the payout date as 2016-09-30 and the ex-dividend date is 2016-08-29.

Last fiscal Brookfield Infrastructure Partners LP (NYSE:BIP) disbursed cash dividend of $0.59. A year ago, the payout was $0.59, which indicates a difference of 10.4167%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.59, implying 14.022% growth.

For the period ended on 2015-12-31, Brookfield Infrastructure Partners LP (NYSE:BIP)’s earnings came at $1 per share compared to EPS of $0.91 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-02. For this quarter, the analysts have earnings estimate of $1 per share.

The interim price target for Brookfield Infrastructure Partners LP (NYSE:BIP) is set at $50.85. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Brookfield Infrastructure Partners LP (NYSE:BIP) is seen at $54 and the lowest level is established at $44.25. This broad range highlights a standard deviation of $4.226 in reported estimates.

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