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Stock impact report

The Canadian Stock I Simply Refuse to Sell [Yahoo! Finance Canada]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
TSX: BIP.UN ), and it remains one of the few Canadian stocks I simply refuse to sell. In a market filled with noise, speculation, and short-term thinking, this is a business that rewards patience — and does so consistently. A proven dividend growth machine One of the biggest reasons I continue to hold is its ability to grow its cash distribution year after year. Investors who bought units back in 2009 started with a yield of roughly 6%. Today, that same investment would be generating a yield on cost of over 30%. That's the power of disciplined dividend growth combined with time. After accounting for currency fluctuations, the numbers are even more compelling. Because the partnership earns more than 80% of its funds from operations (FFO) in U.S. dollars and pays distributions in U.S. dollars, Canadian investors typically benefit from a favourable exchange rate over time. Even assuming a super-conservative exchange rate of parity, long-term holders from 2009 are effectively earning Show less Read more
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