Brookfield Infrastructure reports 10% Q2 FFO increase, transport segment up 60%, plans asset sales and investments for dividend growth.

Brookfield Infrastructure reports a 10% Q2 FFO increase, with transport segment achieving a 60% rise. Aiming for double-digit FFO growth and a high-yielding dividend (5%-9% annual rise), the company plans to sell assets and invest in new opportunities to boost liquidity. With strong organic growth drivers and recent acquisitions, the company is a promising investment opportunity with potential for double-digit total returns.

August 04, 2024
3 Articles