Brookfield Infrastructure Corporation (NYSE:BIPC) is a relatively new player in the natural gas industry. However, we think its high dividend yields, and promising growth prospects, make it an ideal bet for income investors. Read on for details.Founded in 2019, Brookfield Infrastructure Corporation (BIPC) is a New York City-based regulated natural gas transmission systems operator.
The company has been paying quarterly dividends consistently since last year. In fact, BIPC increased its quarterly dividend payout by 5.2% to $0.51 this year. Shares of BIPC have gained 24.4% in price over the past year.
So, here’s why we think income investors should invest in shares of BIPC: