Despite economic uncertainty, the author invests in Brookfield Infrastructure units, citing its diversified portfolio of essential assets, inflation-linked cash flows, and consistent distribution increases.
I’ve accumulated more than $2,000 of cash in my model Yield Hog Dividend Portfolio, and today I’m putting some of that money to work.still looming and a Canadian federal election expected as early as the spring, this might seem like a risky time to be investing. But there is a method in my madness: If I wait until things settle down – and let’s hope they do very soon – stock prices could well be higher by then.
I like it when companies give me money. I like it even more when the amount increases every year – an area in which Brookfield Infrastructure excels. Mr. Catellier rates the units “outperformer” and is one of nine analysts with a “buy” or equivalent rating. There are three hold recommendations and no sells, and the average price target for the U.S.-listed units is US$40, according to Refinitiv data. On Friday, the units closed at on the New York Stock Exchange and on the Toronto Stock Exchange.
Cash flow is expected to continue growing in the years ahead, with FFO per unit rising by a projected 8.7 per cent in 2025 and a further 9.4 per cent in 2026, according to analysts’ estimates.
INVESTING DIVIDENDS INFRASTRUCTURE BROOKFIELD PORTFOLIO
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brookfield buys U.S. single-family home portfolio in US$1-billion acquisitionMaymont Homes, Brookfield’s single-family home rental business, says it will take on management of Divvy Homes’ portfolio
Read more »
Brookfield Invests $389 Million in Encore Renewable Energy to Expand Clean Energy PortfolioEncore Renewable Energy, a clean power developer, secured $389 million in loans and tax-equity financing from Brookfield Asset Management Ltd. to develop community-scale solar and battery storage projects across the US. This investment will support 25 projects in five states and help Encore transition to an independent power producer.
Read more »
Brookfield to Acquire 3,800 Single-Family Rentals from Divvy Homes for $950 MillionBrookfield Asset Management is close to buying 3,800 single-family rentals from rent-to-own startup Divvy Homes for $950 million, according to a source familiar with the matter. The deal will expand Brookfield's single-family rental portfolio to approximately 20,000 properties. Divvy Homes faced challenges due to rising interest rates, which made its rent-to-own model less appealing. Brookfield, on the other hand, has been aggressively investing in the residential sector.
Read more »
Brookfield, Cameco-owned Westinghouse Electric CEO departs amid heavy lossesPatrick Fragman was CEO since 2019 and there had been little indication that he was planning on leaving
Read more »
Teen at Brookfield High School sent to hospital following assaultOttawa paramedics say a teen boy at Brookfield High School was taken to hospital Tuesday afternoon following an assault.
Read more »
Brookfield Properties Acquires 2 Queen Street East in TorontoBrookfield Properties has purchased the office tower at 2 Queen Street East in downtown Toronto from CPP Investments and AIMCo, becoming the sole owner. Toronto Metropolitan University (TMU) also secured a smaller stake in the building. 2 Queen East is a 20-storey building with 455,000 sq. ft of office space, 17,000 sq. ft of retail space, and is LEED Gold certified.
Read more »