The primary goal of most long-term investors is to generate income, compound returns, or accumulate wealth over time. A longer investment period also allows you to benefit from overall market growth while limiting short-term fluctuations.
AltaGas (TSX:ALA) and Brookfield Infrastructure Partners (TSX:BIP.UN) are crying out for buys today. You can hold both dividend stocks for the next twenty years. The companies operate critical infrastructure with a long lifespan. Both aim to increase dividends by at least 5% annually.
Strong platform
AltaGas is an established infrastructure company in North America. The competitive advantage is one strong platform with two core activities. ALA rose 12.4% over the past three months, bringing its year-to-date gain to 32.9%. At $43.44 per share, the dividend yield is a safe 2.9% (with a payout ratio of 47.1%).
This $13 billion energy component generates stable revenues regulated from the rate-regulated natural gas distribution and storage activities under the Utilities segment. According to management, the company will continue to expand within its multi-decade investment trajectory.
The Midstream company exports liquefied petroleum gas (LPG) to international markets. The company also engages in the gathering, processing and extraction of natural gas, as well as fractionation and processing of liquids. In the second quarter (Q2) of 2025, LPG export volumes to Asia reached a record 127,814 barrels per day (bbl/d). In particular, the toll agreements with upstream and downstream customers are long-term in nature.
In the first half of 2025, net income rose nearly 55% year-over-year to $567 million. For this year, AltaGas will allocate 51% of its approximately $1.4 billion self-funded capital program to the utilities. Its president and CEO, Vern Yu, said, “We are excited about the long-term prospects for our utilities.”
Looking ahead, AltaGas believes it can deliver on its dividend forecast of 5-7% compound annual growth (CAGR) through 2029. The large-cap stock boasts five-year dividend growth.
Strong growth profile
Brookfield Infrastructure Partners operates critical infrastructure and has the same utility and midstream segments as AltaGas. Two other companies that contribute to the strong organic growth profile are Transport (logistics) and Data. The $2.4 billion in proceeds from asset sales this year will support the entire investment strategy and enable the self-financing of growth initiatives.
Brookfield Infrastructure is relatively new, founded in 2007. This utility started paying quarterly dividends in June 2020. BIP-UN is trading at $47.66 per share. Current investors love the 5.03% dividend yield.
Its CEO, Sam Pollock, said: “Our ability to consistently buy high-quality assets for value and monetize mature investments at attractive yields continues to differentiate our platform and positions us well to self-fund a growing pipeline of opportunities.”
In the second quarter of 2025, net income increased 762.5% to $69 million, compared to the second quarter of 2024. The data platform has commissioned more than $1.5 billion in new capital projects in the past twelve months. There were also inflation-related rate increases in the utility and transportation sectors during the quarter. megatrends that impact our entire investable universe.
At the end of the quarter, Brookfield Infrastructure had a significant liquidity position of $5.7 billion. According to Pollock, the fund is ready for deployment in its investable universe.
Solid choices
AltaGas and Brookfield Infrastructure are solid choices for long-term investors. If you invest today, your money will remain intact, with cash inflows every quarter.
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