Brookfield Infrastructure: A 4.7% Yield As The Specter Of A Recession Rises

Pacifica Yield13.86K FollowersFollow5ShareSavePlay(6min)CommentsSummaryBrookfield Infrastructure just raised its quarterly cash dividend by 6%, with BIPC now providing an 4.7% dividend yield.The jump in the U.S. 10-year Treasury yield on the back of rising inflation expectations following the closure of the Strait of Hormuz forms the biggest headwind for BIPC investors.U.S. economic growth is weakening just as the likelihood of market odds shifting to a rate hike this year rises. Rangsarit Chaiyakun/iStock via Getty Images Brookfield Infrastructure (BIP) has built one of the most expansive portfolios of infrastructure assets in the U.S. market. This has driven back-to-back years of dividend hikes, with its 5-year compound annual growth rate coming in at This article was written byPacifica Yield13.86K FollowersFollowThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BIPH, BIPC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.