Brookfield Infrastructure Partners' Class A Preferred Shares Cross 7.5% Yield Mark

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.

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:

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%.

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