Brookfield Infrastructure Q2(BIP.UN, BIPC) Solid Results, Long Runway and a Buy

5 months ago

Beat the TSX (BTSX-20)

"BIPC: Q2 FFO $0.81 (+9%), data segment +45%. $2.4B asset sales, $1.3B new US investments. 5.5% yield on strong FFO with inflation-fighting infrastructure assets. Data, midstream, utilities performing well. Attractive valuation on FFO basis with $2.4B capital liquidity. Currently 10.5% of portfolio - hold if overweight, buy if new position."

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