Brookfield Infrastructure (BIPC) Set to Announce Earnings on Wednesday

Brookfield Infrastructure (NASDAQ:BIPC - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Individual interested in participating in the company's earnings conference call can do so using this link.

Brookfield Infrastructure Price Performance

BIPC traded up $0.10 during trading on Wednesday, hitting $31.78. 458,850 shares of the stock traded hands, compared to its average volume of 566,828. The firm has a market capitalization of $4.19 billion, a P/E ratio of 22.07 and a beta of 1.38. The firm has a 50-day moving average of $33.69 and a 200 day moving average of $33.28. Brookfield Infrastructure has a 12-month low of $25.48 and a 12-month high of $48.23.

Brookfield Infrastructure Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th were given a dividend of $0.405 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.62 annualized dividend and a yield of 5.10%. This is a boost from Brookfield Infrastructure's previous quarterly dividend of $0.38. Brookfield Infrastructure's dividend payout ratio is presently 112.50%.

Brookfield Infrastructure Company Profile

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.