Brookfield Infrastructure Partners L.P.'s BIP-P-A is an exchange-traded preferred stock in the Water Transportation sector. At a recent price of $17.50, BIP-P-A yields 7.32% on its $25 liquidation preference and 5.125% coupon. It trades at a discount of 30.0% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-10-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.