A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five utilities sector stocks poised to join my Volio folio this week. One could be my forty-third pick for Volio!

That technology sector includes seven industries all geared to delivering water, gas, or electricity (or all three) to us. Utilities industries are: diversified; independent power producers; regulated electric, regulated gas; regulated water; renewable.

My subject today is a large-cap diversified utility outfit named, Brookfield Infrastructure Partners LP. Its trading ticker symbol is BIP. This is my first ever report on Brookfield Infrastructure Partners LP.

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time.

It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Energy businesses, and Data Infrastructure.

Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, the United Kingdom, Canada, the United States of America, Chile, Peru, India, and other countries.

The company was founded in 2007 and, as mentioned, is based in Hamilton, Bermuda.

Brookfield Infrastructure Partners LP is a subsidiary of Brookfield Asset Management Inc.

I use three key data points to gauge dividend equities or funds like Brookfield Infrastructure Partners LP:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

BIP Price

BIP's price per share closed at $42.62 Friday. A year ago their price was $42.40. Price rose $0.22 or about 0.5% last year.

Assuming BIP's stock trades in the range of $24 to $48  this next year, its recent $42.62 price might rise by $2.38 to reach $45.00 by June 23, 2021.

BIP Dividends

BIP's most recent declared quarterly dividend was $0.485 payable, June 30th. That $0.485 Q dividend equates to $1.92 annually for an annual yield of 4.50% at yesterday's $42.62 share price.

BIP Gains?

Adding the $1.92 annual estimated dividend to my $2.48 optimistic estimate of Brookfield Infrastructure Partners LP price upside shows a $4.40 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in Brookfield Infrastructure Partners LP we would buy 23 shares of BIP stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.43 per share.

Subtract that $0.43 brokerage cost from my estimated $4.40 gross gain per share results in a net gain of $3.97 X 23 shares = $91.31 for a 9.125% net gain on a $980.26 investment.

Brookfield Infrastructure Partners LP shows a possible 9.125% net gain including a 4.5% dividend yield. It could be more, it could be less.     

The above speculation is based on past performance and supposition. Only time and money invested will tell if Brookfield Infrastructure Partners LP is worth it.