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BIPC - At a 52-Week Low This Top-Notch Dividend Stock Is an Incredible Buying Opportunity
Brookfield Infrastructure Partners LP Class A Subordinate
Units of Brookfield Infrastructure Partners (NYSE: BIP) have tumbled nearly 24% this year and recently hit a 52-week low at less than $31 a unit. That's a much steeper slide than shares of its corporate twin, Brookfield Infrastructure Corporation (NYSE: BIPC) , which have only declined by about 10% this year.
Because of that, right now looks like an incredible opportunity to buy units of the high-yielding partnership. They're trading at a widening discount to the corporate shares: