The Case for Brookfield Infrastructure Partners as a Leading International Dividend Stock

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Brookfield Infrastructure Partners LP (Symbol: BIP) has been named to the Dividend Channel “International S.A.F.E. 10” list, recognized for its strong 5.7% dividend yield and a flawless five-year history of consistent dividend growth.

As of the most recent report, BIP contributes 3.74% of the Powershares International Dividend Achievers ETF (PID), which contains approximately $32.65 million worth of BIP shares. The company pays an annualized dividend of $1.62 per share, distributed quarterly, with the latest ex-dividend date on May 31, 2024.

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