BROOKFIELD, News, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 3 (the “Series 3 Preferred Units”) (TSX: BIP.PR.B) for cash on December 31, 2025. The redemption price for each Series 3 Preferred Unit will be C$25.00. Holders of Series 3 Preferred Units of record as of November 28, 2025 will receive the previously declared final q ...

Core Viewpoint - Brookfield Infrastructure Corporation has initiated an "at the market" equity issuance program allowing for the sale of up to $400 million of class A exchangeable subordinate voting shares to enhance financial flexibility and support corporate activities [1][2][4]. Group 1: ATM Program Details - The ATM Program allows Brookfield Infrastructure Corporation to sell shares directly from treasury at prevailing market prices through various exchanges [2][6]. - The program is designed to be non-dilutive, maintaining the overall number of LP Units and BIPC Shares outstanding [5]. - The net proceeds from the ATM Program will be used for repurchases of LP Units under the normal course issuer bid program and for general corporate purposes [4][5]. Group 2: Regulatory and Legal Framework - The ATM Program is supported by a Distribution Agreement with Canadian and U.S. agents, and it complies with applicable securities laws [6][7]. - The program will terminate upon the earlier of the sale of all BIPC Shares, termination of the Distribution Agreement, or on February 28, 2027 [6]. Group 3: Company Overview - Brookfield Infrastructure is a global infrastructure company focused on high-quality, long-life assets across various sectors, generating stable cash flows [11][12]. - The company is part of Brookfield Asset Management, which manages over $1 trillion in assets [12].

Core Insights - The article discusses Brookfield Infrastructure (BIPC), which is part of Brookfield Corporation (BN), a significant Canadian asset manager [1]. Company Overview - Brookfield Infrastructure is highlighted as one of the many operating entities owned by Brookfield Corporation [1]. Investment Focus - The analysis emphasizes the search for high-yield investment opportunities for individual investors, aiming to simplify complex concepts and provide actionable insights [2].

Core Insights - Brookfield Infrastructure Partners reported strong financial results for Q3 2025, with a 9% increase in funds from operations (FFO) per unit to $0.83, driven by organic growth and inflationary benefits [2][6][47] - The company achieved over $3 billion in asset sales year-to-date, with a realized internal rate of return (IRR) exceeding 20% and a 4x multiple on capital [3][12] - The company is well-positioned for growth entering 2026, with significant investments in AI infrastructure and new acquisitions [2][7] Financial Performance - Net income for Q3 2025 was $440 million, a substantial increase from a net loss of $52 million in the same period last year [5][40] - FFO for the nine months ended September 30, 2025, reached $1.938 billion, up from $1.822 billion in 2024 [5][6] - Revenues for Q3 2025 were $5.975 billion, compared to $5.270 billion in Q3 2024, reflecting strong operational performance [40] Strategic Initiatives - The company secured six new investments totaling over $1.5 billion, including a $140 million project with Bloom Energy for AI data centers [7][8] - Two utility acquisitions in Asia-Pacific were announced, including a $270 million natural gas infrastructure business in New Zealand and a $500 million industrial gas business in South Korea [9][10] - The acquisition of Colonial Enterprises, the largest refined products pipeline in the U.S., was completed in July 2025 [11] Capital Recycling - Brookfield Infrastructure generated over $3 billion in proceeds from asset sales and is on track to achieve an additional $3 billion over the next 12 to 18 months [12][13] - Significant recent sales include a 26% interest in an Australian export terminal, generating $350 million in proceeds, and a 28% interest in a North American gas storage platform, raising approximately $230 million [13][14] Segment Performance - The utilities segment generated FFO of $190 million, slightly up from $188 million in the prior year, benefiting from inflation indexation [17] - The transport segment reported FFO of $286 million, down from $308 million, primarily due to asset sales [18] - The data segment saw a 62% increase in FFO to $138 million, driven by strong organic growth and contributions from acquisitions [20] Balance Sheet and Liquidity - Total liquidity at the end of Q3 2025 was $5.5 billion, including $2.5 billion at the corporate level [22] - The company executed financings to enhance liquidity and support growth initiatives, including a corporate issuance of medium-term notes totaling C$700 million [21] Distribution and Dividend Declaration - The Board declared a quarterly distribution of $0.43 per unit, representing a 6% increase compared to the prior year [23] - The distribution is payable on December 31, 2025, to unitholders of record as of November 28, 2025 [23] Unit Repurchases and ATM Program - Brookfield Infrastructure Partners plans to increase repurchases of its outstanding limited partnership units under its normal course issuer bid program [24] - The company is exploring the establishment of an at-the-market (ATM) equity program to issue additional shares when market conditions are favorable [25]

Core Insights - Income-seeking investors can find reliable dividend payers without sacrificing yield for quality, with some companies offering yields above 4% while the average in the S&P 500 is only 1.2% [1] Realty Income - Realty Income is a well-established REIT with 15,606 properties leased to 1,630 clients, known for its consistent dividend payouts [3] - The company has raised its monthly dividend for 111 consecutive quarters, totaling 131 increases since its IPO in 1994, currently offering a yield of 5.4% [4] - Despite challenges from rising interest rates, Realty Income has maintained a 3.54% annual dividend growth over the past five years [4] - The recent Federal Reserve interest rate cut of 0.25% is expected to enhance Realty Income's profits and dividend growth potential [5] - The company maintains a high occupancy rate of 98.6% by focusing on retail categories that drive foot traffic, such as convenience stores and grocery stores [5] - Realty Income's largest tenant, 7-Eleven, contributes only 3.4% to its annualized rental revenue, showcasing its diversification [6] - The REIT's strong credit rating (A3 from Moody's) allows it to borrow at favorable rates, such as $800 million at an average yield of 4.41% [7] Brookfield Infrastructure Corp - Brookfield Infrastructure has consistently increased its dividend payouts since its market debut 16 years ago, with an annual increase of 9% and a current yield of 4.2% [8] - The company's revenue is diversified, with 48% coming from transportation assets and the remainder from utilities, pipelines, and data centers, providing resilience against economic downturns [9] - As a subsidiary of Brookfield Corporation, Brookfield Infrastructure has access to significant resources, enabling it to acquire distressed assets [10] - In Q2, the company invested $1.3 billion in various infrastructure projects and raised $2.4 billion by trimming its asset portfolio [11] - Management anticipates a 5% to 9% annual increase in dividend payouts in the coming years, making it an attractive option for long-term investors [12]

Core Viewpoint - Brookfield Infrastructure offers an attractive yield and a solid business model, making it a compelling option for long-term income investors [2][10]. Group 1: Business Structure and Investment - Brookfield Infrastructure operates as a complex business under Brookfield Asset Management, which is one of Canada's largest asset management firms with a focus on global infrastructure investments [3][4]. - Investors in Brookfield Infrastructure are essentially partnering with Brookfield Asset Management, benefiting from its institutional knowledge and growth plans, which include doubling its asset management business by 2030 [4][5]. Group 2: Income Generation - Brookfield Infrastructure Corporation has a dividend yield of 4.2%, while Brookfield Infrastructure Partners offers a distribution yield of approximately 5.2%, both representing the same business [6][7]. - The distribution for Brookfield Infrastructure Partners has increased at an annualized rate of 9% from 2009 to 2025, indicating strong growth potential [7][8]. Group 3: Asset Portfolio - Brookfield Infrastructure owns a diversified portfolio of cash-generating infrastructure assets across various sectors, including utilities, transportation, energy, and technology, with a global presence [9][10]. - The company is positioned as a foundational investment for dividend portfolios, especially as its units are currently trading about 25% below their 2022 peak, presenting a potential buying opportunity [11].

Core Viewpoint - Brookfield Infrastructure is expected to outperform the market significantly in 2026, despite underperforming in the current year [1][14]. Financial Performance - The company is projected to generate $3.32 per share of funds from operations (FFO) this year, reflecting a more than 6% increase from last year, but below its target of over 10% annual growth [4]. - The anticipated acceleration in FFO growth is expected to move toward a historical track record of 14% annually, compared to the roughly 10% compound annual growth over the past five years [13]. Growth Catalysts - Strong organic growth drivers include inflation-linked rate increases in utility and transport segments, higher revenues in the midstream segment, and over $1.5 billion in new growth capital projects, including data centers [5]. - The company has a growing capital backlog, increasing from $2 billion in 2020 to $8 billion today, with significant projects including semiconductor fabrication plants and global data centers [9]. - Brookfield has secured $2.1 billion in new growth investments this year, with expectations for continued capital recycling, targeting at least $3 billion in sales this year and an additional $3 billion over the next 12 to 18 months [10][11]. Strategic Initiatives - The company is investing in AI infrastructure, identifying a $7 trillion investment opportunity, with plans to invest about $500 million annually in this area [12]. - Recent acquisitions include investments in Colonial Pipeline, Hotwire, and a partnership with GATX for railcar operating leases, totaling $1.3 billion [15].

Group 1 - Enbridge is recognized for its strong dividend yield of 5.5% and a history of increasing dividends for 30 years, making it an attractive option for dividend investors [4][6] - The company has diversified its business model by adding natural gas transportation assets and investing in clean energy, aligning with global energy trends [5][6] - Enbridge's management aims to adapt to changing energy needs, ensuring its reliability as a dividend-paying stock despite slower growth prospects [6][7] Group 2 - Brookfield Asset Management is one of the largest alternative asset managers globally, with over $1 trillion in assets under management and operations in over 50 countries [10] - The company operates across five verticals: infrastructure, renewable power and energy transition, real estate, private equity, and credit, indicating a diversified investment strategy [10] - Brookfield Asset Management has announced ambitious growth plans through 2030, highlighting its commitment to expanding its market presence [10]

Group 1 - Investors in Brookfield Infrastructure Corporation (BIPC) should monitor the stock due to significant activity in the options market, particularly the Oct 17, 2025 $20.00 Put which has high implied volatility [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Brookfield Infrastructure shares, potentially due to an upcoming event [2] - Currently, Brookfield Infrastructure holds a Zacks Rank 4 (Sell) in the Utility - Gas Distribution industry, which is in the bottom 24% of the Zacks Industry Rank, with no analysts increasing earnings estimates and one analyst revising estimates downward, leading to a consensus estimate drop from earnings of $1.59 per share to a loss of $3.33 [3] Group 2 - The high implied volatility may indicate a trading opportunity, as options traders often seek to sell premium on options with high implied volatility, hoping the underlying stock does not move as much as expected at expiration [4]

Core Viewpoint - The article highlights three attractive high-yield dividend stocks: Brookfield Infrastructure, Enterprise Products Partners, and Realty Income, which are recommended for investors seeking a reliable income stream in September. Brookfield Infrastructure - Brookfield Infrastructure currently yields 4.3%, significantly higher than the S&P 500's 1.2% yield, and has consistently increased its dividend for 16 years at a 9% compound annual growth rate [2][4] - The company anticipates a long-term payout growth of 5% to 9% annually, supported by a robust infrastructure portfolio that generates stable cash flows linked to inflation [5][6] - Brookfield has a substantial backlog of organic expansion projects, including semiconductor fabrication facilities and data centers, which will contribute to future growth [6] Enterprise Products Partners - Enterprise Products Partners offers a yield of 6.8% and has raised its distribution for 27 consecutive years, with a 3.8% increase over the past year [8] - The company plans to launch $6 billion in organic growth capital projects in the latter half of the year, including new natural gas processing plants and pipeline expansions, which will enhance cash flow [9][10] - With a strong financial profile, Enterprise Products is well-positioned to invest in additional growth projects and maintain its high-yield distribution [10] Realty Income - Realty Income has a current dividend yield of 5.6% and has increased its monthly dividend 131 times since its public listing, achieving a 4.2% compound annual growth rate [11][12] - The REIT's growth is primarily driven by acquisitions, investing billions annually in income-producing real estate, and maintaining a strong balance sheet for financial flexibility [12] - Realty Income sees a $14 trillion opportunity in commercial real estate across the U.S. and Europe, expanding its investment platform into new property types and regions [13] Summary of Investment Opportunities - Brookfield Infrastructure, Enterprise Products Partners, and Realty Income are highlighted as strong candidates for high-yield dividend investments, backed by solid financials and growth potential, making them suitable for investors seeking stable and growing income streams [14]