BIPC - These Super Cheap Dividend Stocks Can Supercharge Your Income
2023-03-12 10:33:00 ET
Master limited partnerships ( MLPs ) have fallen out of favor with investors in recent years. Changes in the tax code have made these more complex entities not worth the hassle for some investors, and their valuations have fallen relative to traditional corporations operating similar businesses.
However, for investors willing to take on the additional challenges of investing in MLPs , they're great ways to jolt your income production because they offer much higher yields. Three great options to consider are Brookfield Infrastructure Partners (NYSE: BIP) , Crestwood Equity Partners (NYSE: CEQP) , and Energy Transfer (NYSE: ET) .
Brookfield Infrastructure Partners trades at a much lower price than its corporate twin Brookfield Infrastructure Corporation (NYSE: BIPC) , even though they're economically equivalent entities. The partnership units currently trade at less than $33 apiece, while the corporate shares sell for around $43.50. Because both entities pay the same distribution/dividend rate of $0.3825 per unit/share each quarter, the partnership has a much higher yield at 4.7%, versus 3.5% for the corporate shares.
For further details see:
These Super Cheap Dividend Stocks Can Supercharge Your Income