BIP-PB Preferred Stock — Brookfield Infrastructure Partners L.P. 5.00% Class A Preferred Limited Partnership Units Series 14

Brookfield Infrastructure Partners L.P. 5.00% Class A Preferred Limited Partnership Units Series 14 (BIP-PB)

BIP-PB is a Preferred Stock. its distribution rate is 7.65%, its trailing-12-month yield is 7.71%. Dividend Vision Distribution Safety Score™ is 86/100 (Safe). Total return is -4.0% over the past 5.7 years, 124.7 points behind SPY at 120.7%.

At the current 7.65% distribution rate, a $10,000 investment would generate approximately $765 per year, or about $191.25 per quarter if the next payment matches the last regular one.

Brookfield Infrastructure Partners operates utilities, transport, midstream, and data infrastructure businesses across North America, Europe, Asia, and Latin America, providing energy transmission and distribution, toll roads and freight services, midstream storage, and data transmission operations. This preferred equity security distributes a high current rate quarterly, making it suited to income-focused investors seeking regular cash returns with preferred stock priority over common equity.

BIP-PB performance versus SPY

Price and return data through 2026-09-21.

Total return is -4.0% over the past 5.7 years, 124.7 points behind SPY at 120.7%. Over the past year its total return — price change plus distributions reinvested — is 1.6%. Its deepest 1-year drawdown was 7.3%.

BIP-PB key facts

Distribution Safety Score™

86 · Safe

Safety-Adjusted Yield

6.58%

Issuer

Brookfield Infrastructure

Asset type

Preferred Stock

Asset class

Equity

Distribution rate

7.65%

Distribution frequency

Quarterly

Trailing yield

7.71%

5-year average yield

7.0

Last close

$16.22 (as of 2026-09-21)

Average volume

5684.0

Last dividend

$0.3125

Last ex-dividend date

08/31/2026

Last payment date

09/15/2026

Beta

1.011

Payout ratio

0.0

P/E ratio

13.715

Forward P/E

0.0

EPS

$1.18

How Dividend Vision calculates yield and returns

Distribution rate (7.65%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.71%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Brookfield Infrastructure; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BIP-PB risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.3%.

Who may consider BIP-PB — and who may not

BIP-PB may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (BIP-PB pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Brookfield Infrastructure.