|Bid||32.36 x 800|
|Ask||32.41 x 1200|
|Day's Range||31.96 - 32.59|
|52 Week Range||30.03 - 46.01|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||229.36|
|Earnings Date||May 02, 2023 - May 08, 2023|
|Forward Dividend & Yield||1.53 (4.82%)|
|Ex-Dividend Date||Feb 27, 2023|
|1y Target Est||42.50|
Three companies getting an inflation-driven boost these days are Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC), Gladstone Land (NASDAQ: LAND), and W. P. Carey (NYSE: WPC). Brookfield Infrastructure is a global infrastructure operator. The company owns a diversified portfolio of infrastructure assets across the utility, energy midstream, transportation, and data sectors.
Dividend stocks outperformed non-dividend payers by a 2-to-1 ratio over the last several decades. According to data from Hartford Funds and Ned Davis Research, dividend stocks managed 9.6% average annualized total returns since 1973 compared to a 4.8% return for those that don't pay dividends. The best returns tend to come from dividend growers and initiators (10.7% average annual total return).
This past week was a very choppy period for the market. Concerns about the banking sector weighed on most stocks. Those fears could continue to grow, especially if more banks face troubles. During times like this, I like to add to some of my highest conviction positions.