Brookfield Infrastructure Partners L.P.
Please click on the Series name to view its declared dividends.
| L.P. Preferred Units | TSX Listed: | CUSIP: | Annualized Distribution Rate: | Description: | Record Date | Payment Date: | Unit Provisions |
|---|---|---|---|---|---|---|---|
| Series 1 | BIP.PR.A | G16252 127 | 3.974%1 | Fixed Rate, Rate Reset and may be Reclassified to Series 2 (certain restrictions apply) | Last day of Feb., May, Aug. & Nov. | Last day of Mar., June, Sept. & Dec. | |
| Series 3 | BIP.PR.B | G16252 143 | 5.50%2 | Fixed Rate, Rate Reset and may be Reclassified to Series 4 (certain restrictions apply) | Last day of Feb., May, Aug. & Nov. | Last day of Mar., June, Sept. & Dec. | |
| Series 9 | BIP.PR.E | G16252 200 | 6.642%3 | Fixed Rate, Rate Reset and may be Reclassified to Series 10 (certain restrictions apply) | Last Day of Feb., May, Aug. & Nov. | Last Day of Mar., June, Sept. & Dec. | |
| Series 11 | BIP.PR.F | G16252 226 | 6.446%4 | Fixed Rate, Rate Reset and may be Reclassified to Series 12 (certain restrictions apply) | Last day of Feb., May, Aug., & Nov. | Last day of Mar., June, Sept. & Dec. |
Please click on the Series name to view its declared dividends.
| Class A Preferred Limited Partnership Units | NYSE listed: | CUSIP: | Annualized Distribution Basis | Description: | Record Date: | Payment Date: | Prospectus Supplement: |
|---|---|---|---|---|---|---|---|
| Series 13 | BIP.PR.A | G16252267 | 5.125% | Fixed rate, perpetual redeemable (certain restrictions apply) | Last day of Feb., May, Aug & Nov. | The Fifteenth day of March, June, September and December | |
| Series 14 | BIP.PR.B | G16252275 | 5.000% | Fixed rate, perpetual redeemable (certain restrictions apply) | Last day of Feb., May, Aug. and November | The Fifteenth day of March, June, September and December |
BIP Investment Corporation
Please click on the Series name to view its declared dividends.
| Senior Preferred Shares | TSX Listed: | CUSIP: | Annualized Dividend Rate | Description: | Record Date | Payment Date: | Unit Provisions |
|---|---|---|---|---|---|---|---|
| Series 1 | BIK.PR.A | 09075W209 | 7.475% | Fixed Rate, Rate Reset and may be Reclassified to Series 2 (certain restrictions apply) | Last day of Feb., May, Aug. & Nov. | Last day of Mar., June, Sept. & Dec. |
* All unit distribution payments are subject to declaration by The Board of Directors of the GP of Brookfield Infrastructure Partners L.P.
** Please refer to Unit Provisions for further details.
*** If such day is not a business day, the payment date shall be the following business day.
1 Commencing on June 30, 2025, the distribution rate will be reset every five years at a rate equal to the 5-year Government of Canada bond plus 3.56%. On this date, the Series 1 Preferred Units may, at the holders option, be reclassified to Series 2 Preferred Units, which will pay a floating quarterly distribution rate.
2 Commencing on December 31, 2025, the distribution rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond plus 4.53%, and (ii) 5.50%. On this date, the Series 3 Preferred Units may, at the holders option, be reclassified to Series 4 Preferred Units, which will pay a floating quarterly distribution rate.
3 Commencing on March 31, 2028, the distribution rate will be reset every five years at a rate equal to the greater of (i) the 5-year Government of Canada bond plus 3.00% and (ii) 5.00%. On this date, the Series 9 Preferred Units may, at the holders option, be reclassified to Series 10 Preferred Units, which will pay a floating quarterly distribution rate.
4 Commencing on December 31, 2028, the distribution rate will be reset every five years at a rate equal to the greater of (i) the 5-year Government of Canada bond plus 2.92% and (ii) 5.10%. On this date, the Series 11 Preferred Units may, at the holders option, be reclassified to Series 12 Preferred Units, which will pay a floating quarterly distribution rate.
5 Commencing on March 31, 2029, the distribution rate will be reset every five years at a rate equal to the greater of (i) the 5-year Government of Canada bond plus 3.96% and (ii) 5.85%. On this date, the Series 1 Preferred Shares may, at the holders option, be reclassified to Series 2 Preferred Shares, which will pay a floating quarterly distribution rate. For purposes of the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation, all dividends (and deemed dividends) paid by BIP Investment Corporation to Canadian residents on all classes of preferred shares are designated as eligible dividends unless stated otherwise. For Q3 and Q4 2021, dividends paid by BIP Investment Corporation to Canadian residents on all classes of preferred shares will be designated as capital gains dividends.
- Series 1 Prospectus Supplement - March 4, 2015
- Series 3 Prospectus Supplement - December 1, 2015
- Series 9 Prospectus Supplement - January 23, 2018
- Series 11 Prospectus Supplement - September 13, 2018
- BIPIC Series 1 Prospectus Supplement - February 5, 2019
- Disclaimer & General Terms
- Disclaimer & General Terms (BIP Investment Corporation)
- Series 13 Green Preferred Units Report – September 2021