25.08.2019 02:03:00

Brookfield Infrastructure Partners' Strategy Shift Is Beginning to Pay Big Dividends

Brookfield Infrastructure (NYSE: BIP) recently reported excellent second-quarter results. The global infrastructure operator's funds from operations (FFO) jumped 15% on an absolute basis and 13% per unit. That's a notable acceleration from the first quarter when FFO rose 5% overall and about 4% on a per-unit basis.Brookfield's management team spent some time on the second-quarter conference call detailing what drove this acceleration. One of the key takeaways was that the company is just starting to get revved up, which suggests it should continue growing at an accelerated rate in the coming quarters. Image source: Getty Images.Continue reading
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