financetom
Business
financetom
/
Business
/
Brookfield Infrastructure Partners Q2 FFO, Revenue Increase; Maintains Quarterly Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brookfield Infrastructure Partners Q2 FFO, Revenue Increase; Maintains Quarterly Dividend
Aug 1, 2024 5:47 AM

08:18 AM EDT, 08/01/2024 (MT Newswires) -- Brookfield Infrastructure Partners LP ( BIP/PA ) reported Q2 funds from operations Thursday of $0.77 per unit, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.77.

Revenue for the quarter ended June was $5.14 billion, compared with $4.26 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.91 billion.

The company said its board maintained quarterly dividend at $0.405 per unit, payable Sept. 27 to shareholders of record Aug. 30.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Billionaire Ortega buys stake in UK's PD Ports from Brookfield
Billionaire Ortega buys stake in UK's PD Ports from Brookfield
Jul 22, 2025
July 22 (Reuters) - Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management ( BAM ) , the British ports and logistics company said on Tuesday. Brookfield will remain invested in the business as a long-term shareholder, PD Ports said without disclosing the terms of the deal....
Travel + Leisure Completes $300 Million Term Securitization Transaction
Travel + Leisure Completes $300 Million Term Securitization Transaction
Jul 22, 2025
01:25 PM EDT, 07/22/2025 (MT Newswires) -- Travel + Leisure ( TNL ) said Tuesday it completed a $300 million term securitization with a weighted average interest rate of 5.10%. The securitization was done through Travel + Leisure's ( TNL ) Sierra Timeshare 2025-2 Receivables Funding LLC unit with a 98% advance rate, it added. The notes include $143 million...
US companies CPS Energy, Modern Hydrogen agree to work on clean power generation project
US companies CPS Energy, Modern Hydrogen agree to work on clean power generation project
Jul 22, 2025
(Reuters) -Texas-based utility firm CPS Energy on Tuesday said it entered into an agreement with energy company Modern Hydrogen on a new project to explore the potential for increasing electricity grid resiliency and enabling cleaner power generation from natural gas. CPS Energy will pilot Modern Hydrogen's technology to convert natural gas into clean hydrogen as an ongoing gas-decarbonization service, CPS...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved