Brookfield Infrastructure Partners LP ( BIP ) will begin trading ex-dividend on August 30, 2018. A cash dividend payment of $0.47 per share is scheduled to be paid on September 28, 2018. Shareholders who purchased BIP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that BIP has paid the same dividend. At the current stock price of $40.82, the dividend yield is 4.61%.
The previous trading day's last sale of BIP was $40.82, representing a -12.93% decrease from the 52 week high of $46.88 and a 9.53% increase over the 52 week low of $37.27.
BIP is a part of the Consumer Services sector, which includes companies such as General Dynamics Corporation ( GD ) and Carnival Corporation ( CCL ). BIP's current earnings per share, an indicator of a company's profitability, is $.68. Zacks Investment Research reports BIP's forecasted earnings growth in 2018 as 112.25%, compared to an industry average of 7.7%.