Brookfield Infrastructure Corporation (NYSE:BIPC) shareholders have seen the share price descend 14% over the month. But the silver lining is the stock is up over five years. Unfortunately its return of 68% is below the market return of 139%.

So let’s investigate and see if the longer term performance of the company has been in line with the underlying business’ progress.

We’ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During five years of share price growth, Brookfield Infrastructure moved from a loss to profitability. On the other hand, it reported a trailing twelve months loss, suggesting it isn’t reliably profitable. So it might be better to look at other metrics to try to understand the share price.

We note that the dividend is higher than it was previously – always nice to see. It could be that the company is reaching maturity and dividend investors are buying for the yield. We’d posit that the revenue growth over the last five years, of 19% per year, would encourage people to invest.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

It’s probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. If you are thinking of buying or selling Brookfield Infrastructure stock, you should check out this free report showing analyst profit forecasts.

It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It’s fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Brookfield Infrastructure, it has a TSR of 102% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!