Brookfield Infrastructure Partners L.P.

BIP

Utilities · Utilities - Diversified · Stock · quarterly payer

$36.75

Overvalued · -20% Add to Portfolio

Forward Yield

4.95%

Annual Dividend

$1.82

Payout Ratio

285%

5-Yr Growth

5.9%

Ex-Date

Aug 31, 2026

Frequency

Quarterly

Key facts about BIP's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Brookfield Infrastructure Partners L.P. (BIP) has a forward dividend yield of 4.95%, based on an annual dividend of $1.82 per share and a share price of $36.75.
As of Oct 27, 2026, BIP's dividend safety grade from SmarterDividends is B (78 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Brookfield Infrastructure Partners L.P. (BIP) has raised its dividend for 17 consecutive years as of Oct 27, 2026.
BIP has never cut its regular dividend in the payment history SmarterDividends has on record.
BIP's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.46 per share.
As of Oct 27, 2026, BIP pays out 285% of its trailing 12-month earnings as dividends (its payout ratio).
BIP's dividend has grown at an average rate of 5.9% a year over the past five years.
As of Oct 27, 2026, BIP's 4.95% yield is 16% above its five-year average yield of 4.26%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for BIP is $29.41 per share, 20% below the $36.75 share price, so BIP screens as overvalued.
Brookfield Infrastructure Partners L.P. (BIP) pays its dividend quarterly, 4 times a year.
Brookfield Infrastructure Partners L.P. (BIP) has raised its regular dividend 21 times and cut it 0 times across the 74 payments on record since 2008. Its most recent change was a 5.8% increase to $0.455 per share, going ex-dividend on Feb 27, 2026.
Brookfield Infrastructure Partners L.P (BIP) has declared its first higher dividend of the year in February in 4 of the last 5 years; its most recent raise, 5.8%, was declared on Jan 29, 2026.

Cite this page

SmarterDividends, "BIP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/BIP

Summary

As of Oct 27, 2026, Brookfield Infrastructure Partners L.P. (BIP) yields 4.95% ($1.82 a year per share), has a dividend safety grade of B (78/100) and has 17 consecutive years of dividend increases on record.

Is BIP a good dividend stock?

Yes

Brookfield Infrastructure Partners L.P. (BIP) pays a quarterly dividend yielding 4.95% ($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: 4.95%
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: 1.04
Market Cap: $29.1B
P/E Ratio: 59.3
5-Yr Total Return: -2%
52-Week Range: $33.21 – $44.04
Dividend Safety: B · 78/100
Ever Cut?: No

BIP dividend raises and cuts

Brookfield Infrastructure Partners L.P. (BIP) has raised its regular dividend 21 times and cut it 0 times across the 74 payments on record since 2008. Its most recent change was a 5.8% increase to $0.455 per share, going ex-dividend on Feb 27, 2026.

Ex-date	Change	Old → new	Move
Feb 27, 2026	Raise	$0.430 → $0.455	+5.8%
Feb 28, 2025	Raise	$0.405 → $0.430	+6.2%
Feb 28, 2024	Raise	$0.383 → $0.405	+5.7%
Feb 27, 2023	Raise	$0.360 → $0.383	+6.4%
Feb 25, 2022	Raise	$0.340 → $0.360	+5.9%
Feb 25, 2021	Raise	$0.323 → $0.340	+5.2%
May 28, 2020	Raise	$0.320 → $0.323	+1.0%
Feb 27, 2020	Raise	$0.299 → $0.320	+7.2%
Feb 27, 2019	Raise	$0.280 → $0.299	+6.8%
Feb 27, 2018	Raise	$0.259 → $0.280	+8.0%
Feb 24, 2017	Raise	$0.232 → $0.259	+11.5%
Aug 29, 2016	Raise	$0.226 → $0.234	+3.5%

Show all 21 changes since 2008

Ex-date	Change	Old → new	Move
Feb 25, 2016	Raise	$0.210 → $0.226	+7.5%
Feb 25, 2015	Raise	$0.190 → $0.210	+10.4%
Feb 26, 2014	Raise	$0.171 → $0.190	+11.6%
Feb 26, 2013	Raise	$0.149 → $0.171	+14.7%
Feb 27, 2012	Raise	$0.139 → $0.149	+7.1%
Aug 29, 2011	Raise	$0.123 → $0.139	+12.9%
Feb 24, 2011	Raise	$0.109 → $0.123	+12.7%
Feb 24, 2010	Raise	$0.105 → $0.109	+3.8%
May 28, 2008	Raise	$0.0349 → $0.105	+201.1%

Every BIP payment →Download every raise and cut (CSV)

BIP ex-dividend date & scheduleNext ex-date Aug 31, 2026 · full ex-dividend historyView →BIP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BIP a good dividend stock?

Yes. Brookfield Infrastructure Partners L.P. (BIP) pays a quarterly dividend yielding 4.95% ($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.

Is BIP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BIP's fair value is about $29.41 versus a $36.75 share price — so it looks overvalued (-20% vs. fair value).

Is BIP's dividend safe?

BIP has a dividend-safety grade of B (78/100), based on its payout coverage, free-cash-flow, 17-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BIP's fair value?

Our blended fair-value estimate for BIP is about $29.41 per share, about 20% below the current $36.75 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BIP a buy, hold, or sell?

We don't issue formal ratings, but on the data BIP screens as "yes" and overvalued. Brookfield Infrastructure Partners L.P. (BIP) pays a quarterly dividend yielding 4.95% ($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. This is research for your own analysis, not investment advice.

Will BIP cut its dividend?

BIP earns a dividend-safety grade of B (78/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BIP pay a dividend?

Yes. Brookfield Infrastructure Partners L.P. pays a quarterly dividend of about $1.82 per share annually, a forward yield of roughly 4.95%.

What is BIP's dividend yield?

As of Oct 27, 2026, BIP's forward dividend yield is 4.95%, based on a $1.82 annual dividend and a $36.75 share price.

What is BIP's dividend per share?

As of Oct 27, 2026, BIP pays $1.82 per share per year, distributed on a quarterly basis.

What is BIP's dividend payout ratio?

As of Oct 27, 2026, BIP's payout ratio is 285% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has BIP grown its dividend?

As of Oct 27, 2026, BIP has increased its dividend for 17 consecutive years.

When is the next BIP ex-dividend date?

As of Oct 27, 2026, BIP's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.46 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full BIP dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 31, 2026	Sep 29, 2026	$0.4550	regular
May 29, 2026	Jun 30, 2026	$0.4550	regular
Feb 27, 2026	Mar 31, 2026	$0.4550	regular
Aug 29, 2025	Sep 29, 2025	$0.4300	regular
May 30, 2025	Jun 30, 2025	$0.4300	regular
Feb 28, 2025	Mar 31, 2025	$0.4300	regular
Nov 29, 2024	Dec 31, 2024	$0.4050	regular
Aug 30, 2024	Sep 27, 2024	$0.4050	regular
May 31, 2024	Jun 28, 2024	$0.4050	regular
Feb 28, 2024	Mar 28, 2024	$0.4050	regular
Nov 29, 2023	Dec 29, 2023	$0.3830	regular
Aug 30, 2023	Sep 29, 2023	$0.3830	regular
May 30, 2023	Jun 30, 2023	$0.3830	regular
Feb 27, 2023	Mar 31, 2023	$0.3830	regular