In trading on Monday, shares of Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14 (Symbol: BIP.PRB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $16.60 on the day. This compares to an average yield of 7.07% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, BIP.PRB was trading at a 32.96% discount to its liquidation preference amount, versus the average discount of 23.21% in the "Utilities" category.
Free Report: Top 8%+ Dividends (paid monthly)
SYI Historical Stock Prices
ATC Videos
The chart below shows the one year performance of BIP.PRB shares, versus BIP:
Below is a dividend history chart for BIP.PRB, showing historical dividend payments on Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14:
Free Report: Top 8%+ Dividends (paid monthly)
In Monday trading, Brookfield Infrastructure Partners LP's 5.00% ClassA Preferred Limited Partnership Units, Series14 (Symbol: BIP.PRB) is currently down about 0.9% on the day, while the common shares (Symbol: BIP) are up about 0.1%.
Also see:
Dividend Yield SYI Historical Stock Prices
ATC Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
