All articles tagged with #brookfield infrastructure
Top Wall Street analysts recommend three dividend-paying stocks—Archrock, Brookfield Infrastructure Partners, and Permian Resources—for investors seeking steady income amid market volatility, highlighting their strong fundamentals, dividend growth prospects, and strategic acquisitions.
The article highlights three dividend stocks—Brookfield Infrastructure, PepsiCo, and Prologis—that offer yields over 3% and have strong growth prospects, making them attractive for income and upside potential despite recent stock price declines.
Wells Fargo is selling its $4.4 billion rail assets portfolio to a joint venture between GATX and Brookfield Infrastructure, aiming to simplify its business; GATX will initially own 30%, with the option to acquire full ownership later, and the deal is expected to close by early 2026.
Brookfield Infrastructure and Enbridge are highlighted as top dividend stocks to consider buying in December due to their high-yielding and steadily rising dividends. Brookfield Infrastructure has consistently increased its dividend for 15 years, offering a nearly 4% yield, supported by stable cash flows and a strong growth pipeline. Enbridge, with a 6% yield, has raised its dividend for 30 consecutive years, benefiting from a low-risk business model with predictable earnings. Both companies are positioned for continued growth and dividend increases.
The article highlights three top dividend stocks to consider for investment: Brookfield Infrastructure, American States Water, and Brookfield Renewable. These companies have strong dividend track records and growth prospects, making them attractive options for investors looking to generate steady returns. Brookfield Infrastructure focuses on infrastructure assets, American States Water is a reliable utility with a long history of dividend increases, and Brookfield Renewable is expanding its renewable energy capacity with significant growth plans.
The rapid growth of AI technology is driving a surge in data consumption, leading to a once-in-a-generation investment cycle for data centers. Brookfield Infrastructure has strategically positioned itself to capitalize on this opportunity by investing heavily in building a leading data infrastructure platform, with interests in over 135 operating data centers across the Americas, Europe, and Asia Pacific. The company's data center investments are expected to drive significant growth in funds from operations (FFO) and could result in attractive dividend income, making it a compelling AI stock to buy and hold for the long term.
The digital economy's reliance on data and AI applications is driving a once-in-a-generation investment cycle for data centers, with over $1 trillion expected to be invested in the next decade. Brookfield Infrastructure has strategically positioned itself to capitalize on this opportunity, making it a top stock to buy. The AI boom is fueling a surge in demand for data center capacity, with companies like Nvidia experiencing significant revenue growth from their data center business. Brookfield's investments in data center platforms and potential for substantial growth in funds from operations make it an attractive long-term investment.
Dividend lovers can find promising investment opportunities in Realty Income, Brookfield Infrastructure, and Clearway Energy, as these companies offer high yields and visible growth. Realty Income has a history of consistent dividend payments and expects to continue growing its attractive dividend. Brookfield Infrastructure recently announced its 15th consecutive annual dividend increase and plans to increase its payout at a 5% to 9% annual rate over the long term. Clearway Energy expects to grow its already alluring dividend toward the upper end of its 5% to 8% annual target range through 2026, backed by its capital recycling strategy and renewable energy investments.
Despite the impact of higher interest rates on dividend stocks, the sell-off presents an opportunity to invest in high-quality dividend stocks like NextEra Energy and Brookfield Infrastructure. NextEra Energy's stock is attractively priced with a 3.3% dividend yield and strong growth prospects, while Brookfield Infrastructure offers a 4.5% dividend yield and strong earnings growth. Both companies are positioned for future growth and trade at low valuations, making them potentially strong investments as interest rates are expected to decline.
Brookfield Infrastructure Partners reported its financial results for the third quarter of 2023, with net income of $104 million compared to $113 million in the prior year. The company's funds from operations (FFO) increased by 7% to $560 million. The utilities segment saw a 17% increase in FFO, while the transport segment had a 7% increase. The midstream segment experienced a 5% decrease in FFO, and the data segment had a 10% increase. Brookfield Infrastructure also provided updates on its strategic initiatives, including the completion of the take-private of Triton and the acquisition of data centers from Cyxtera. The company declared a quarterly distribution of $0.3825 per unit, representing a 6% increase compared to the prior year.
Despite utilities falling out of favor with investors, now could be a great time to buy utility stocks such as The Southern Company, Consolidated Edison, and Brookfield Infrastructure. These companies offer high-yielding dividends that have a history of consistent increases. Southern Company's completion of the Vogtle project is expected to boost cash flow and potentially lead to higher dividends. Consolidated Edison's long track record of dividend increases and recent share buyback make it an attractive option. Brookfield Infrastructure's diversified portfolio of stable cash flow-generating assets and consistent dividend growth make it an appealing utility stock.
Three Motley Fool contributors recommend Clearway Energy, FlexShares STOXX Global Broad Infrastructure Index Fund, and Brookfield Infrastructure as top dividend stocks to buy now for investors seeking passive income. Clearway Energy operates an 8-gigawatt portfolio of renewable energy projects and sees its payout growing by 5% to 8% per year through 2026. The FlexShares infrastructure ETF offers broad exposure to ongoing infrastructure spending in the developed world, with a sustainable 2.2% dividend yield. Brookfield Infrastructure has an enticing forward dividend yield of 4.2%, a global presence, and a dedication to rewarding shareholders with a compound annual growth rate of 9% from 2012 to 2022.
Shopify, Triton International, MongoDB, Global Payments, and Goldman Sachs are among the companies making headlines before the bell on Wednesday. JMP upgraded Shopify to market outperform, while Triton's shares soared on news of its acquisition by Brookfield Infrastructure. Morgan Stanley upgraded MongoDB to overweight, while Goldman upgraded Global Payments to buy. UBS upgraded Goldman Sachs to buy, citing attractive pricing and minimum risk ahead. JPMorgan reaffirmed its overweight rating on MGM Resorts International.