BAM vs BIPC

The Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. Today we look at Brookfield Asset Management (BAM) and Brookfield Infrastructure (BIPC) latest quarterly earnings. BAM: Revenue Growth: +11% Fee revenues reached $1.62B, up 11% from $1.46B. Growth was driven primarily by credit and private equity. Credit fees increased 23%. Private equity fees increased 30%. Infrastructure fees increased 6%. Energy fees declined 9%. The business is diversified, but growth isn't evenly distributed. BIP: 1. FFO Growth: +10% FFO reached $717M, compared with $654M last year. FFO per unit increased from $0.83 to $0.91. Growth: approximately 10%. This marks the third consecutive quarter of achieving Brookfield's 10% FFO-per-unit growth objective. The growth was supported by inflation-linked pricing, increased utilization, new investments and approximately $1.4B of newly commissioned capital projects. It's all about Dividend growth investing! Subscribe to the best free dividend investing newsletter: https://thedividendguyblog.com/newsletter Get the 20 income products guide for retirees: https://retirementloop.ca/income/