
Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081
BIPHStock · quarterly payer
Forward Yield
8.29%
Annual Dividend
$1.26
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Key facts about BIPH's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) has a forward dividend yield of 8.29%, based on an annual dividend of $1.26 per share and a share price of $15.13.
- As of Oct 18, 2026, BIPH's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
- BIPH has never cut its regular dividend in the payment history SmarterDividends has on record.
- BIPH's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.31 per share.
- As of Oct 18, 2026, BIPH's 8.29% yield is 34% above its five-year average yield of 6.20%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BIPH is $28.75 per share, 90% above the $15.13 share price, so BIPH screens as undervalued.
- Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) pays its dividend quarterly, 4 times a year.
- Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) has raised its regular dividend 2 times and cut it 1 time across the 21 payments on record since 2021. Its most recent change was a 1.0% increase to $0.316 per share, going ex-dividend on Dec 16, 2025. The last cut went ex-dividend on Jun 14, 2022.
Cite this page
SmarterDividends, "BIPH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BIPH
Summary
As of Oct 18, 2026, Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) yields 8.29% ($1.26 a year per share) and has a dividend safety grade of C (60/100).
Is BIPH a good dividend stock?
Yes, with caveatsBrookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) pays a quarterly dividend yielding 8.29% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.29%
- Payout Ratio
- —
- Annual Dividend
- $1.26
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -40%
- 52-Week Range
- $15.01 – $17.67
- Dividend Safety
- C · 60/100
- Ever Cut?
- No
BIPH dividend raises and cuts
Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) has raised its regular dividend 2 times and cut it 1 time across the 21 payments on record since 2021. Its most recent change was a 1.0% increase to $0.316 per share, going ex-dividend on Dec 16, 2025. The last cut went ex-dividend on Jun 14, 2022.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 16, 2025 | Raise | $0.313 → $0.316 | +1.0% |
| Sep 14, 2022 | Raise | $0.309 → $0.313 | +1.3% |
| Jun 14, 2022 | Cut | $0.313 → $0.309 | −1.3% |
Frequently Asked Questions
Is BIPH a good dividend stock?
Yes, with caveats. Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) pays a quarterly dividend yielding 8.29% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is BIPH undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BIPH's fair value is about $28.75 versus a $15.13 share price — so it looks undervalued (+90% vs. fair value).
Is BIPH's dividend safe?
BIPH has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is BIPH's fair value?
Our blended fair-value estimate for BIPH is about $28.75 per share, roughly 90% above the current $15.13 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BIPH a buy, hold, or sell?
We don't issue formal ratings, but on the data BIPH screens as "yes, with caveats" and undervalued. Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 (BIPH) pays a quarterly dividend yielding 8.29% ($1.26/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will BIPH cut its dividend?
BIPH earns a dividend-safety grade of C (60/100), 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 BIPH pay a dividend?
Yes. Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 pays a quarterly dividend of about $1.26 per share annually, a forward yield of roughly 8.29%.
What is BIPH's dividend yield?
As of Oct 18, 2026, BIPH's forward dividend yield is 8.29%, based on a $1.26 annual dividend and a $15.13 share price.
What is BIPH's dividend per share?
As of Oct 18, 2026, BIPH pays $1.26 per share per year, distributed on a quarterly basis.
How many years has BIPH grown its dividend?
As of Oct 18, 2026, BIPH has increased its dividend for 1 consecutive years.
When is the next BIPH ex-dividend date?
As of Oct 18, 2026, BIPH's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.31 per share.
BIPH Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-7%
5 Years
-40%
52-Week Range
$15.01 – $17.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BIPH worth?
Undervaluedlow confidenceOur blended fair-value estimate for Brookfield Infrastructure Finance LLC 5% Sub. Notes due 2081 is $28.75 per share, versus a market price of $15.13. That implies 90% of upside — a margin of safety of about 47%.
Fair Value
$28.75
Current Price
$15.13
Upside
+90%
Margin of Safety
47%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.26 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BIPH Dividend Safety Score
Borderline
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
Full BIPH dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 30, 2026 | $0.3130 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.3130 | regular |
| Mar 16, 2026 | Mar 31, 2026 | $0.3130 | regular |
| Dec 16, 2025 | Dec 31, 2025 | $0.3160 | regular |
| Sep 15, 2025 | Sep 30, 2025 | $0.3130 | regular |
| Jun 13, 2025 | Jun 30, 2025 | $0.3130 | regular |
| Mar 14, 2025 | Mar 31, 2025 | $0.3130 | regular |
| Dec 16, 2024 | Dec 31, 2024 | $0.3130 | regular |
| Sep 13, 2024 | Sep 30, 2024 | $0.3130 | regular |
| Jun 14, 2024 | Jul 1, 2024 | $0.3130 | regular |
| Mar 14, 2024 | Apr 1, 2024 | $0.3130 | regular |
| Dec 14, 2023 | Jan 2, 2024 | $0.3130 | regular |
| Sep 14, 2023 | Oct 2, 2023 | $0.3130 | regular |
| Jun 14, 2023 | Jun 30, 2023 | $0.3130 | regular |
Income Calculator
At $1.26 / yr per share
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