5 Best MLP Dividend Stocks To Buy

3. Brookfield Infrastructure Partners L.P. (NYSE:BIP)

Number of Hedge Fund Holders: 17

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is an infrastructure company that owns and operates a diversified portfolio of infrastructure assets. The company offers a quarterly dividend of $0.3825 per share and has a dividend yield of 5.01%, as of January 22. With a dividend growth streak of 15 years under its belt, BIP is one of the best MLP dividend stocks on our list.

The number of hedge funds tracked by Insider Monkey owning stakes in Brookfield Infrastructure Partners L.P. (NYSE:BIP) grew to 17 in Q3 2023, from 11 in the previous quarter. These stakes have a collective value of over $115.7 million. Among these hedge funds, Select Equity Group was the company’s leading stakeholder in Q3.

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