Brookfield Infrastructure (BIPC) Scheduled to Post Quarterly Earnings on Wednesday

Brookfield Infrastructure (NASDAQ:BIPC) is scheduled to announce its earnings results before the market opens on Wednesday, May 1st.

Brookfield Infrastructure Stock Performance

Shares of NASDAQ:BIPC traded down $0.18 on Wednesday, hitting $31.50. The stock had a trading volume of 26,905 shares, compared to its average volume of 561,318. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 22.00 and a beta of 1.38. The firm’s 50 day moving average price is $33.75 and its 200-day moving average price is $33.29. Brookfield Infrastructure has a twelve month low of $25.48 and a twelve month high of $48.23.

Brookfield Infrastructure Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th were paid a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a yield of 5.14%. This is a boost from Brookfield Infrastructure’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Wednesday, February 28th. Brookfield Infrastructure’s dividend payout ratio is currently 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.