$9.27 -0.12 (-1.28%)
12/3/2009 4:05 PM

Macquarie Infrastructure Company LLC (MIC)

CAPS Rating: 3 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.

Recs

0
Member Avatar dogfish54 (< 20) Submitted: 8/27/2008 10:06:49 PM : Outperform Start Price: $19.00 MIC Score: -39.30

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.

Report this Post 1 Comment
Member Avatar dogfish54 (< 20) Submitted: 6/22/2009 8:14:53 PM
Recs: 0 Rec This

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.

Report this Post

Featured Broker Partners