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BIP - Brookfield Infrastructure Partners' Data Deals Help Drive Dividend Growth
Brookfield Infrastructure Partners LP Limited Partnership Units
Last year was one of the best in Brookfield Infrastructure Partners'(NYSE: BIP) history. The global infrastructure operator delivered strong organic growth, which it complemented with a steady stream of acquisitions. Those dual fuels gave the company the power to increase its dividend by another 7% this year while also helping it generate a market-crushing total return of 52% in 2019.
The company ended the year by producing solid fourth-quarter results while making excellent progress on its strategic plan, giving it lots of momentum this year.