Recent Buy: Adding 30 Shares of Brookfield Infrastructure (BIPC)

Today I added 30 shares of Brookfield Infrastructure Corporation (BIPC) to my dividend portfolio. This is not a new name for me - BIPC has been a core infrastructure holding for some time - but the recent price weakness provided what I believe is an attractive opportunity to add at a higher yield.

What Happened to the Share Price?

BIPC has declined sharply since mid‑February. After reaching a 52‑week high of almost $52 on February 12, 2026, the stock has dropped to around $41–42, representing an 18% pullback in just over two months. The primary catalyst was the Q4 2025 earnings release, where reported EPS came in well below consensus. While headline EPS disappointed, funds from operations (FFO) rose 6% year over year, driven by organic growth and new investments, particularly in utilities and data infrastructure. As often happens with Brookfield entities, accounting noise around depreciation and disposals overshadowed solid cash flow performance.

Why BIPC Fits My Dividend Strategy

Brookfield Infrastructure owns a diversified portfolio of essential, long-life assets—utilities, transport networks, midstream, and data infrastructure—spread across multiple geographies. These assets benefit from inflation-linked contracts, regulated frameworks, and high barriers to entry.

At today’s price, BIPC offers a dividend yield of approximately 4.2%, well above both the broader market and the utilities sector average. The current quarterly dividend is $0.455 per share, reflecting a roughly 6% year‑over‑year increase, continuing Brookfield’s long-standing policy of mid‑single‑digit annual distribution growth.

Importantly, management has reiterated its expectation for FFO growth to accelerate in 2026, as recently commissioned projects contribute for a full year and capital recycling is redeployed into higher‑return opportunities.

This Is Not My First Purchase

This recent buy builds on earlier positions I established back in 2024 and 2025, which I documented previously on the blog.

Final Thoughts

By adding 30 shares at today’s prices, I am increasing portfolio income while averaging into a high‑quality infrastructure business during a period of market pessimism. With a higher yield, visible dividend growth, and improving cash flows, BIPC once again looks like a compelling long-term dividend holding especially when bought after a drawdown rather than at a peak.

As always, patience and cash flow matter more than short‑term price movements in a dividend portfolio.

Recent Buys for My Dividend Portfolio (ASR, IWDA, BIPC, MPWR)

As part of my ongoing strategy to build a strong and growing dividend portfolio, I’ve made some recent additions that I believe will contribute to long-term wealth accumulation. Here’s a quick breakdown of my latest buys:

• ASR Nederland (ASRNL): ASRNL is a solid Dutch insurance company with a strong track record of dividend payments. With its recent acquisition of Aegon’s Dutch operations, the company has positioned itself for further growth. I see ASRNL as a stable income-generating asset with an attractive yield. I bought 40 shares for about € 49 per share, resulting in an annual dividend of € 125.
• iShares Core MSCI World (IWDA): While not a direct dividend play, IWDA provides global diversification and exposure to high-quality companies worldwide. This ETF adds stability and growth potential to my portfolio, complementing my dividend-focused investments.
• Brookfield Infrastructure Corp (BIPC): BIPC operates in essential infrastructure sectors like utilities, transport, and energy. The company has a strong dividend history, and I expect steady income growth over the long term. Infrastructure is a defensive sector that performs well in different market conditions, making BIPC a great addition. I bought shares last year as well. With my recent addition of 40 shares after the share price drop of last week, I added $70 in dividend income.
• Monolithic Power Systems (MPWR): MPWR is a high-growth semiconductor company with increasing dividend payments. While its yield is relatively low, its strong capital appreciation potential and consistent dividend growth make it an exciting long-term hold. It's a more risky play but I wanted to increase my tech holdings a bit. These two shares will only deliver $12 in forword annual dividend income. 

With these additions, my portfolio continues to balance income generation and long-term growth. I’m excited to see how these investments perform in the coming years. Let me know what you think—are you adding any of these stocks to your portfolio?

Recent buy (BIPC) and sell (IBM)

On May 10th I made a new portfolio move consisting of a sell and a purchase.

I sold 7 shares of IBM for about $182 per share. I bought these shares about 10 years ago for $190. So in terms of share price appreciation these shares did nothing in the past 10 years. Including the dividend my purchased returned about 2,6% per year. Nothing really excited. Dividend growth was more or less non-existant in the past years with token, penny increases. Therefore I decided to close out my position and look for better avenues of dividend growth.  

As a replacement I bought 60 shares in Brookfield Infrastructure Partners (BIPC) for about $35 per share. Brookfield Infrastructure is one of the largest owners and operators of critical global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data. BIPC is one of the few pure play, publicly traded, global infrastructure vehicles that invests in infrastructure assets with stable cash flows, high margins and strong growth prospects.

I've owned BIP a few years ago. As a result of U.S. Internal Revenue Regulations taking effect 1 January 2023, new withholding charges are applied to sales proceeds from certain Publicly Traded Partnerships ("PTPs”) held by investors who are not U.S. taxpayers. The amount of withholding is 10% of sale or distribution proceeds.  This means 10% of the amount of funds that would settle resulting from any transaction or distribution, not just 10% on any calculated profit. Therefore I sold my BIP position prior to this new regulation coming into effect. 

BIPC is not a PTP since it is a regular Canadian corporation, listed on the New York Stock Exchange.

This purchase will add about $100 to my annual dividend income.