Brookfield Infrastructure: A 4.7% Yield As The Specter Of A Recession Rises

Brookfield Infrastructure just raised its quarterly cash dividend by 6%, with BIPC now providing an 4.7% dividend yield. The jump in the U.S. 10-year Treasury yield on the back of rising inflation expectations following the closure of the Strait of Hormuz forms the biggest headwind for BIPC investors. U.S. economic growth is weakening just as the likelihood of market odds shifting to a rate hike this year rises.