Brookfield Infrastructure could produce robust returns in the coming years.
Brookfield Infrastructure (BIPC 0.47%) (BIP 0.23%) has been a standout dividend stock since its formation 15 years ago. The global infrastructure operator has increased its payment every year, growing it at a 9% compound annual rate. Meanwhile, its funds from operations (FFO) per share has grown at an even faster 15% compound annual rate.
The company expects to continue growing briskly in the coming years. Powering that view is the truly massive investment supercycle it sees ahead for global infrastructure.
Setting the stage
CEO Sam Pollock wrote about the global infrastructure investment landscape in his third-quarter letter to investors. He penned in his letter, “In the next 15 years, we believe the world needs approximately $100 trillion to maintain,…
