The Canadian Dividend Stock I’d Trust if Markets Get Choppy

The stock market continues to show resilience and fortitude, with the TSX trading at all-time highs. It is, in fact, closing in on $35,000 as investor sentiment remains positive and economic performance continues to hold up. But at a time like this, it’s always good to have a plan B. In this article, I’ll discuss a Canadian dividend stock that has shown resilience in the past and that’s well set up to withstand market volatility.

Brookfield Infrastructure Partners

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN) is a global infrastructure company. It owns and operates long-life assets in the utilities, transport, midstream, and data industries across the globe. These industries are essential, and this makes Brookfield well-positioned in the infrastructure space. Also, in times of economic and market weakness, Brookfield Infrastructure’s assets have the support of strong secular demand trends. This will ensure that the company’s cash flows and stock price remain relatively unscathed even through market choppiness.

In Brookfield’s latest quarter, the company posted a 10% increase in funds from operations, to $709 million. This increase was driven by strong results in all of its businesses. The notable standouts were Brookfield’s data and midstream segments, which increased 46% and 12%, respectively.

A Canadian dividend stock with unmatched scale

Brookfield Infrastructure is truly a global company. It’s backed by a strong balance sheet, partnerships, scale, and of course access to public and private markets. It’s also one of the few pure-play, publicly-traded, global infrastructure vehicles.

Finally, Brookfield Infrastructure is part of the larger Brookfield Companies group, which means that it has access to a leading asset management group, Brookfield Asset Management. This backing goes a long way in securing financing and partnerships, as well as origination opportunities.

Today, this Canadian dividend stock is yielding a generous 4.6%. This yield is backed by steadily rising cash flows, a strong balance sheet, and earnings. As you can see from the graph below, Brookfield Infrastructure Partner’s stock price is also trading at all-time highs, just like the TSX, as it reflects this strong and steady outlook.

Looking ahead

At this time, Brookfield Infrastructure Partners is in the midst of following through on its capital recycling goals. These goals include selling off older assets that are mature and underperforming, and increasing exposure to faster growing segments, such as data infrastructure. So far in 2026, the company has finalized over $1 billion in asset sales, including the sale of its Brazilian electricity transmission assets. These sales have improved Brookfield’s liquidity position, which now stands at $2.5 billion.

This leaves this Canadian dividend stock armed with strong liquidity and access to capital markets as it repositions itself in the infrastructure space. The demand for power, connectivity, and logistics capacity continues to expand. And Brookfield Infrastructure Partners stock is aiming to position itself to take advantage of this growth. Digitization, accelerating power demand, the rapid buildout of artificial intelligence infrastructure, and the ongoing reconfiguration of global supply chains are the high returns opportunities that this Canadian dividend stock is pursuing.

The bottom line

Brookfield Infrastructure Partners stock is a Canadian dividend stock that I’d trust in all market conditions. As the company continues to reposition itself into the higher growth infrastructure segments, we can expect higher risk-adjusted returns and continued dividend growth.

The post The Canadian Dividend Stock I’d Trust if Markets Get Choppy appeared first on The Motley Fool Canada.

Should you invest $1,000 in Brookfield Infrastructure Partners right now?

Before you buy stock in Brookfield Infrastructure Partners, consider this:

The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Brookfield Infrastructure Partners wasn’t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have over $18,000!*

Now, it’s worth noting Stock Advisor Canada’s total average return is 94%* – a market-crushing outperformance compared to 85%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

Get the 10 stocks instantly #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }

* Returns as of April 20th, 2026

More reading

• Here’s an Ideal TFSA Dividend Stock That Pays Consistent Cash
• The 3 Stocks I’d Buy and Hold Into 2026
• 3 Stocks for Canada’s $9 Billion AI Bet
• How to Create Your Own Pension With Dividend Stocks
• The Surprising Reason Boring Utility Stocks Are Worth a Second Look Right Now

Fool contributor Karen Thomas has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Infrastructure Partners. The Motley Fool has a disclosure policy.