This Top High-Yield Dividend Stock Delivered Strong Growth in 2024, With More Ahead in 2025 and Beyond
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) recently closed the books on 2024 by reporting its fourth-quarter and full-year financial results. The leading global infrastructure operator posted strong results, which it expects will continue. That gave it the confidence to increase its high-yielding dividend (currently 4%) by another 6%, representing its 16th straight year of dividend growth. Here's a look at what fueled its growth last year and what's ahead for the infrastructure stock.Brookfield Infrastructure generated $2.5 billion, or $3.12 per share, of funds from operations (FFO) last year. That was an 8% increase from 2023's level (and 10% higher after normalizing for the impact of exchange rates). Continue reading
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) recently closed the books on 2024 by reporting its fourth-quarter and full-year financial results. The leading global infrastructure operator posted strong results, which it expects will continue. That gave it the confidence to increase its high-yielding dividend (currently 4%) by another 6%, representing its 16th straight year of dividend growth.
Here's a look at what fueled its growth last year and what's ahead for the infrastructure stock.
Brookfield Infrastructure generated $2.5 billion, or $3.12 per share, of funds from operations (FFO) last year. That was an 8% increase from 2023's level (and 10% higher after normalizing for the impact of exchange rates).
