11 Incredible Dividend Stocks: Brookfield Infrastructure Partners
Investing in an infrastructure company sounds as about as exciting as, well ... as investing in an infrastructure company. Nothing deadens ebullient stock gossip among your friends quicker than a discussion of the safe haven nature of utilities or the natural hedge provided by timber assets. But for those who recognize the long-term dividend-paying value of such assets, Brookfield Infrastructure Partners L.P. (NYSE: BIP) is a great way to own some of the world's best hard assets.
The businessBrookfield's hard assets are a model of stability. This publicly traded partnership owns stakes in a variety of infrastructure assets around the world, providing it diversification across business and geography. Assets such as ports, power transmission, timber, coal terminals, and railroads offer a tangible backstop to the company's valuation in bad times and the ability to extract rising rents year after year when times become clearer. That diversity helps set it apart from more focused utilities such as Dominion Resources (NYSE: D) and Duke Energy (NYSE: DUK) .... Read more