$8.08 0.33 (+4.26%)
11/6/2009 4:04 PM

Macquarie Infrastructure Company LLC (MIC)

CAPS Rating: 4 out of 5

Owns, operates and invests in a diversified group of infrastructure businesses, which are businesses that provide basic, everyday services, such as parking, roads and water, through long-life physical assets.

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Member Avatar dogfish54 (< 20) Submitted: 8/27/2008 10:06:49 PM : Outperform Start Price: $19.00 MIC Score: -42.97

MIC is a trust, which is why the dividends are so high.They are part of Macquarie Group of Australia, a VERY VERY successful business which owns a lot of big infrastructure in Australia. The parent has a lot of experience and success in infrastructure and I think this will be a very good stock over the long term.Do your research on this one and I think you will find this to be a good long term hold, especially with the big dividends.

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Member Avatar dogfish54 (< 20) Submitted: 6/22/2009 8:14:53 PM
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Airport parking business is going away, this will have a positive impact in the short term. Read the fine print, all is not as bad as it seems.

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