JamesBrey Back on December 23, 2022, we purchased a large position in Brookfield Infrastructure Partners' (NYSE:BIP)(NYSE:BIPC) preferred units (NYSE:BIP.PR.A) at a price of $16.63 per unit. However, we recently sold our position at $18.70 per unit, locking in a nice 22.1% total return (17.3% annualized) including distributions and in this article, we detail why. BIP/BIPC Overview Last October, we bought the dip in BIP units when it was trading in the low $20s and have made a hefty profit off of it since th ...

BROOKFIELD, NEWS, April 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners will hold its first quarter 2024 conference call and webcast on Wednesday, May 1, 2024 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at https://bip.brookfield.com/ Participants can join by conference call or webcast: Conference Call Please pre-register at: https://register.vevent.com/register/BI187b9b7282444d828d03ad38790c03e9Upon registering, you will ...

thitivong In our last coverage of Brookfield Infrastructure Partners L.P. (BIP), (BIPC), we highlighted some interesting opportunities in the secondary securities. In the US, there are two preferred shares listed. Brookfield Infrastructure Partners L.P. 5.125 CL A PFD13 (NYSE:BIP.PR.A) and Brookfield Infrastructure Partners L.P. 5.00% PFD A 14 (NYSE:BIP.PR.B). The two preferreds were on a tear after that and did well for investors as they corrected their immense undervaluation. Seeking Alpha They have r ...

BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE:BIP, TSX:BIP) today announced that after having taken into account all conversion notices received by the March 18, 2024 deadline for the conversion of BIP Investment Corporation's ("BIPIC") Senior Preferred Shares, Series 1 ("Series 1 Shares") (TSX:BIK) into Senior Preferred Shares, Series 2 ("Series 2 Shares"), BIPIC has determined that there will be no conversion of Series 1 Shares into Series 2 Shares, and holders of Se ...

BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE:BIP, BIPC, TSX:BIP, BIPC))) today announced that it has filed its 2023 annual reports on Forms 20-F, including its audited financial statements for the year ended December 31, 2023, with the SEC on EDGAR at https://sec.gov, as well as with the Canadian securities authorities on SEDAR+ at https://sedarplus.ca. These documents are also available at https://bip.brookfield.com (or for Brookfield Infrastructure Corporation, at h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 20-F ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2023 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission ...

Master limited partnerships, otherwise known as MLPs, are appealing for income investors. MLPs widely offer high distribution yields above 5%.Of course, investors should always do their due diligence to make sure the underlying distribution is secure. As a result, investors should seek a balance between yield and safety when it comes to MLPs.The following 3 master limited partnerships have high yields above 5% and can grow their distributions over time.Enterprise Products Partners (EPD)Source: Casimiro PT / ...

Madmaxer Introduction Let me start this article by saying that I agree with many readers who make the case that the name "Buffett" may be a bit overused in financial articles. Often, the name is abused for clickbait. After all, who doesn't want to invest like the Oracle from Omaha? With that said, I haven't used his name in ages and believe that this article is perfect for it. After all, if there's one thing I respect about Buffett, it's his focus on wide-moat businesses that play critical roles in our ...

All amounts in Canadian dollars unless otherwise stated BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. ("Brookfield Infrastructure") (NYSE:BIP, TSX:BIP) today announced that BIP Investment Corporation ("BIPIC"), a wholly-owned subsidiary of Brookfield Infrastructure, has determined the fixed dividend rate on its Senior Preferred Shares, Series 1 ("Series 1 Shares") (TSX:BIK) for the five years commencing April 1, 2024 and ending March 31, 2029. Series 1 Shares a ...

Investors are typically fixated on the price-to-earnings (P/E) strategy while seeking stocks trading at attractive prices. This straightforward, easy-to-calculate ratio is the most preferred among all the valuation metrics in the investment toolkit for working out the fair market value of a stock. But even this ubiquitously used valuation metric is not without its pitfalls.While P/E enjoys great popularity among value investors, a less-used and more complicated metric called EV-to-EBITDA is sometimes viewed ...