Featured MNV Articles:

Brookfield Infrastructure Partners a Top Ranked SAFE Dividend Stock With 5.4% Yield (BIP)

Play Video: The Importance of Dividends If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Free Email Alerts By Stock: Get Dividend Alerts Get SEC Filing Alerts

Brookfield Infrastructure Partners LP (NYSE:BIP) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 5.4% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Brookfield Infrastructure Partners LP is an underlying holding representing 2.98% of the Powershares International Dividend Achievers ETF (PID), which holds $28,917,430 worth of BIP shares.

Brookfield Infrastructure Partners LP (NYSE:BIP) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless five year history — never a missed or lowered dividend; E. Enduring — at least a half-decade of dividend payments.

Start slideshow:
Ten Top S.A.F.E. International Dividend Stocks »

The annualized dividend paid by Brookfield Infrastructure Partners LP is $1.53/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/29/2023. Below is a long-term dividend history chart for BIP, which the report stressed as being of key importance.

BIP operates in the Electric Utilities sector, among companies like NextEra Energy Inc (NEE), and Southern Company (SO).