Brookfield Infrastructure Partners L.P.
BIPUtilities · Stock · quarterly payer
Forward Yield
5.00%
Annual Dividend
$1.82
Payout Ratio
285%
5-Yr Growth
5.9%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Summary
As of September 2026, Brookfield Infrastructure Partners L.P. (BIP) yields 5.00% ($1.82 per share annually), with a blended fair-value estimate of $27.21 — -27% downside, so it screens as overvalued. Dividend safety grade: B (78/100). 17 years of dividend growth.
Is BIP a good dividend stock?
YesBrookfield Infrastructure Partners L.P. (BIP) pays a quarterly dividend yielding 5.00% ($1.82/yr), with 17 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 17 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 5.9% 5-yr dividend growth
Risks
- Elevated payout ratio (285%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.00%
- Payout Ratio
- 285%
- Annual Dividend
- $1.82
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 17
- Frequency
- quarterly
- Beta
- 1.01
- Market Cap
- $29.2B
- P/E Ratio
- 58.5
- 5-Yr Total Return
- -1%
- 52-Week Range
- $30.53 – $44.04
- Dividend Safety
- B · 78/100
- Ever Cut?
- No
Frequently Asked Questions
BIP Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+25%
5 Years
-1%
52-Week Range
$30.53 – $44.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BIP worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Brookfield Infrastructure Partners L.P. is $27.21 per share, versus a market price of $37.13. That implies 27% of downside.
Fair Value
$27.21
Current Price
$37.13
Downside
-27%
Margin of Safety
-36%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 9.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.4% discount rate (CAPM), 9.6% stage-1 growth, 2.5% terminal growth, $0.62 EPS, $1.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BIP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | — | $0.4550 | regular |
| May 29, 2026 | — | $0.4550 | regular |
| Feb 27, 2026 | — | $0.4550 | regular |
| Aug 29, 2025 | — | $0.4300 | regular |
| May 30, 2025 | — | $0.4300 | regular |
| Feb 28, 2025 | — | $0.4300 | regular |
| Nov 29, 2024 | — | $0.4050 | regular |
| Aug 30, 2024 | — | $0.4050 | regular |
| May 31, 2024 | — | $0.4050 | regular |
| Feb 28, 2024 | — | $0.4050 | regular |
| Nov 29, 2023 | — | $0.3830 | regular |
| Aug 30, 2023 | — | $0.3830 | regular |
| May 30, 2023 | — | $0.3830 | regular |
| Feb 27, 2023 | — | $0.3830 | regular |
Income Calculator
At $1.82 / yr per share
