<p>最新的通胀数据并不是市场所希望看到的。消费者物价指数（CPI）在一月份环比上涨了 0.5%，同比上涨了 3%。这高于预期——市场共识是环比上涨 0.3% 和同比上涨 2.9%——并且远高于美联储设定的约 2% 的目标。同时，另一个通胀指标，生产者物价指数（PPI），上个月季节性调整后上涨了 0.4%，高于经济学家预期的 0.3% 的增幅。</p>
<p>高于预期的通胀对消费者和借款人来说是个坏消息。这可能会阻止美联储在短期内进一步降低基准利率。</p>
<p>然而，一些公司将从通胀中受益。两个显著的受益者是 <strong>W. P. Carey</strong>(WPC -0.31%) 和 <strong>Brookfield Infrastructure</strong>(BIPC -1.62%)(BIP -1.02%)。更高的通胀应该能使它们在未来更快地增长现金流，这可能支持它们高收益股息的更高增长率。</p>
<h2>将租金与通胀挂钩</h2>
<p>W. P. Carey 是一家房地产投资信托基金（REIT），拥有多样化的高质量、运营关键的物业组合。它专注于北美和欧洲的单租户工业、仓储和零售物业，采用长期净租赁合同，并内置租金递增条款。净租赁要求租户承担他们所占用物业的大部分运营费用，包括建筑保险、房地产税和日常维护。这使得该 REIT 能够抵御通胀的影响。</p>
<p>与此同时，W. P. Carey 通过这些租赁递增条款从通胀中受益。大约 51% 的租赁合同将租户的租金与 CPI 挂钩。因此，在高通胀时期，其租金增长速度更快。去年，其同店租金增长超过 2.6%，得益于通胀。</p>
<p>W. P. Carey 还专注于投资于受益于通胀的物业。去年，它出售了其办公物业组合，这为其投资新物业提供了现金。它最近的许多投资都包含与通胀挂钩的租金。例如，它在美国和加拿大的一个 19 个物业的工业和仓储组合中投资了 1.91 亿美元。这些物业的加权平均剩余租期为 13 年。美国物业的租金将与美国 CPI 同步上涨，而加拿大物业的租金将以固定比例递增。该公司去年还在波兰购买了几处物业；它们的租金将以与欧元区 CPI 挂钩的比例递增。</p>
<p>该 REIT 将租金与通胀挂钩的策略应能使其继续提供高于同行的租金增长，同行通常签订固定年度租金增长的租赁合同。这使得 W. P. Carey 能够继续增加其当前收益率为 6.1% 的股息，如果通胀保持高位，其股息增长速度可能会超过同行的分红。</p>
<h2>通胀驱动的增长</h2>
<p>Brookfield Infrastructure 是一家全球基础设施运营商，投资于公用事业、能源中游、交通和数据等领域。这些业务产生稳定的现金流。大约 85% 的其运营资金（FFO）来自合同或受监管的资产。</p>
<p>公司的大多数财务框架都受益于通胀。大约 70% 的其 FFO 来自将收费率与通胀挂钩的资产。同时，另有 15% 的 FFO 合同具有保护其免受通胀影响的机制。</p>
<p>这种与通胀挂钩的机制为 Brookfield Infrastructure 提供了稳定和增长的现金流。公司估计，仅通胀就将每年为其每股 FFO 增加 3% 到 4%。这有助于支持高的有机增长率。</p>
<p>例如，Brookfield 去年实现了 7% 的有机 FFO 增长，得益于高通胀、更强的交易量和最近完成的资本项目。公司指出，高通胀使其能够在运输组合中推动强劲的收费（费用）增长（铁路网络上涨 7%，收费公路组合上涨 6%）。</p>
<p>通胀应有助于 Brookfield 在未来几年推动额外的增长。管理层认为，其增长驱动因素（包括通胀）可以帮助实现每年超过 10% 的 FFO 每股增长。这应支持公司股息每年增长 5% 到 9%，目前股价的收益率超过 4%。</p>
<h2>利用高通胀获利</h2>
<p>W. P. Carey 和 Brookfield Infrastructure 因许多合同包含通胀递增条款而受益于高通胀率。这正在推动这些公司的额外盈利增长。这种增长预计将流向它们的股息，它们预计将继续增加。因此，对于希望利用通胀获利的投资者来说，它们是很好的买入股票。</p>

<p>最新的通胀数据表明，消费者物价指数（CPI）月度上涨 0.5%，年度增长 3%，超出预期。这可能会阻碍联邦储备委员会降低利率。然而，像 W. P. Carey 和 Brookfield Infrastructure 这样的公司可能会因其与通胀挂钩的合同而受益于通胀，可能导致更高的现金流和股息。W. P. Carey 专注于与 CPI 挂钩的租金递增物业，而 Brookfield Infrastructure 的资产也与通胀挂钩，支持其增长和股息增加</p>

<p>The latest inflation data wasn't what the market wanted to see. The Consumer Price Index (CPI) rose by 0.5% month over month in January, and 3% year over year. That was higher than expected -- the consensus had been for a 0.3% monthly rise and a 2.9% annual pace -- and well above the Federal Reserve's stated target of around 2%. Meanwhile, another inflation gauge, the Producer Price Index (PPI), rose at a seasonally adjusted 0.4% rate last month, which was higher than the 0.3% increase economists expected.</p>
<div class="lb-trans"><p>最新的通胀数据并不是市场所希望看到的。消费者物价指数（CPI）在一月份环比上涨了 0.5%，同比上涨了 3%。这高于预期——市场共识是环比上涨 0.3% 和同比上涨 2.9%——并且远高于美联储设定的约 2% 的目标。同时，另一个通胀指标，生产者物价指数（PPI），上个月季节性调整后上涨了 0.4%，高于经济学家预期的 0.3% 的增幅。</p>
</div><p>Hotter-than-expected inflation is bad news for consumers and borrowers. It will likely prevent the Federal Reserve from making more reductions to its benchmark interest rate anytime soon.</p>
<div class="lb-trans"><p>高于预期的通胀对消费者和借款人来说是个坏消息。这可能会阻止美联储在短期内进一步降低基准利率。</p>
</div><p>However, some companies stand to benefit from inflation. Two notable beneficiaries are <strong>W. P. Carey</strong>(WPC -0.31%) and <strong>Brookfield Infrastructure</strong>(BIPC -1.62%) (BIP -1.02%). Higher inflation should enable them to grow their cash flows faster in the future, which could support higher growth rates in their high-yielding dividends.</p>
<div class="lb-trans"><p>然而，一些公司将从通胀中受益。两个显著的受益者是 <strong>W. P. Carey</strong>(WPC -0.31%) 和 <strong>Brookfield Infrastructure</strong>(BIPC -1.62%)(BIP -1.02%)。更高的通胀应该能使它们在未来更快地增长现金流，这可能支持它们高收益股息的更高增长率。</p>
</div><h2>Linking rents to inflation</h2>
<div class="lb-trans"><h2>将租金与通胀挂钩</h2>
</div><p>W. P. Carey is a real estate investment trust (REIT) that owns a diversified portfolio of high-quality, operationally critical properties. It focuses on single-tenant industrial, warehouse, and retail properties across North America and Europe, secured by long-term net leases with built-in rent escalators. Net leases require that tenants cover most of the operating expenses of the properties they occupy, including building insurance, real estate taxes, and routine maintenance. That tends to insulate the REIT from the impacts of inflation.</p>
<div class="lb-trans"><p>W. P. Carey 是一家房地产投资信托基金（REIT），拥有多样化的高质量、运营关键的物业组合。它专注于北美和欧洲的单租户工业、仓储和零售物业，采用长期净租赁合同，并内置租金递增条款。净租赁要求租户承担他们所占用物业的大部分运营费用，包括建筑保险、房地产税和日常维护。这使得该 REIT 能够抵御通胀的影响。</p>
</div><p>Meanwhile, W. P. Carey benefits from inflation thanks to those lease escalator clauses. Roughly 51% of its leases link tenants' rents to the CPI. Because of that, its rents grow faster during periods of elevated inflation. Last year, its same-store rent growth was above 2.6%, thanks to inflation.</p>
<div class="lb-trans"><p>与此同时，W. P. Carey 通过这些租赁递增条款从通胀中受益。大约 51% 的租赁合同将租户的租金与 CPI 挂钩。因此，在高通胀时期，其租金增长速度更快。去年，其同店租金增长超过 2.6%，得益于通胀。</p>
</div><p>W. P. Carey has also been focusing on investing in properties that benefit from inflation. It sold off its portfolio of office properties last year, which gave it the cash to invest in new properties. Many of its latest investments feature leases with inflation-linked rents. For example, it invested $191 million into a 19-property industrial and warehouse portfolio across the U.S. and Canada. The properties had a weighted average remaining lease term of 13 years. Rents on the U.S. properties will rise in sync with U.S. CPI, while the Canadian rents will escalate at a fixed rate. The company also bought several properties in Poland last year; their rents will escalate at a rate tied to the Eurozone's CPI.</p>
<div class="lb-trans"><p>W. P. Carey 还专注于投资于受益于通胀的物业。去年，它出售了其办公物业组合，这为其投资新物业提供了现金。它最近的许多投资都包含与通胀挂钩的租金。例如，它在美国和加拿大的一个 19 个物业的工业和仓储组合中投资了 1.91 亿美元。这些物业的加权平均剩余租期为 13 年。美国物业的租金将与美国 CPI 同步上涨，而加拿大物业的租金将以固定比例递增。该公司去年还在波兰购买了几处物业；它们的租金将以与欧元区 CPI 挂钩的比例递增。</p>
</div><p>The REIT's strategy of linking rents to inflation should enable it to continue delivering above-average rent growth compared to its net lease peers, which generally ink leases with fixed annual rent increases. That positions W. P. Carey to continue increasing its dividend, which currently yields 6.1%, and which could grow faster than the payouts of its peers if inflation remains high.</p>
<div class="lb-trans"><p>该 REIT 将租金与通胀挂钩的策略应能使其继续提供高于同行的租金增长，同行通常签订固定年度租金增长的租赁合同。这使得 W. P. Carey 能够继续增加其当前收益率为 6.1% 的股息，如果通胀保持高位，其股息增长速度可能会超过同行的分红。</p>
</div><h2>Inflation-fueled growth</h2>
<div class="lb-trans"><h2>通胀驱动的增长</h2>
</div><p>Brookfield Infrastructure is a global infrastructure operator with investments across the utility, energy midstream, transportation, and data sectors. Those businesses produce stable cash flows. About 85% of its funds from operations (FFO) come from contracted or regulated assets.</p>
<div class="lb-trans"><p>Brookfield Infrastructure 是一家全球基础设施运营商，投资于公用事业、能源中游、交通和数据等领域。这些业务产生稳定的现金流。大约 85% 的其运营资金（FFO）来自合同或受监管的资产。</p>
</div><p>Most of the company's financial frameworks benefit from inflation. About 70% of its FFO comes from assets that index the rates they charge to inflation. Meanwhile, the contracts for another 15% of its FFO have mechanisms that protect them from inflation.</p>
<div class="lb-trans"><p>公司的大多数财务框架都受益于通胀。大约 70% 的其 FFO 来自将收费率与通胀挂钩的资产。同时，另有 15% 的 FFO 合同具有保护其免受通胀影响的机制。</p>
</div><p>This indexation to inflation provides Brookfield Infrastructure with stable and growing cash flows. The company estimates that inflation alone will add between 3% and 4% to its FFO per share each year. That helps support high organic growth rates.</p>
<div class="lb-trans"><p>这种与通胀挂钩的机制为 Brookfield Infrastructure 提供了稳定和增长的现金流。公司估计，仅通胀就将每年为其每股 FFO 增加 3% 到 4%。这有助于支持高的有机增长率。</p>
</div><p>For example, Brookfield delivered 7% organic FFO growth last year, driven by elevated inflation, stronger volumes, and recently completed capital projects. The company noted that high inflation allowed it to push through strong tariff (fee) increases in its transportation portfolio (7% across its rail network and 6% across its toll road portfolio).</p>
<div class="lb-trans"><p>例如，Brookfield 去年实现了 7% 的有机 FFO 增长，得益于高通胀、更强的交易量和最近完成的资本项目。公司指出，高通胀使其能够在运输组合中推动强劲的收费（费用）增长（铁路网络上涨 7%，收费公路组合上涨 6%）。</p>
</div><p>Inflation should help drive additional growth for Brookfield in the coming years. Management believes that its growth drivers (which include inflation) can help power more than 10% annual FFO per share growth. That should support 5% to 9% annual increases in the company's dividend, which at the current share price yields more than 4%.</p>
<div class="lb-trans"><p>通胀应有助于 Brookfield 在未来几年推动额外的增长。管理层认为，其增长驱动因素（包括通胀）可以帮助实现每年超过 10% 的 FFO 每股增长。这应支持公司股息每年增长 5% 到 9%，目前股价的收益率超过 4%。</p>
</div><h2>Cash in on high inflation</h2>
<div class="lb-trans"><h2>利用高通胀获利</h2>
</div><p>W. P. Carey and Brookfield Infrastructure benefit from elevated inflation rates because many of their contracts feature inflation escalation clauses. That's helping drive additional earnings growth for these companies. This growth should flow down to their dividends, which they expect to continue increasing. Because of that, they're great stocks to buy for those who want to cash in on inflation.</p>
<div class="lb-trans"><p>W. P. Carey 和 Brookfield Infrastructure 因许多合同包含通胀递增条款而受益于高通胀率。这正在推动这些公司的额外盈利增长。这种增长预计将流向它们的股息，它们预计将继续增加。因此，对于希望利用通胀获利的投资者来说，它们是很好的买入股票。</p>
</div>

Want to Cash In on High Inflation Rates? Buy These 2 High-Yielding Dividend Stocks.

- 最新的消费者价格指数（CPI）在 1 月份环比上涨 0.5%，同比上涨 3%。  
- W. P. Carey 和 Brookfield Infrastructure 通过租金与通胀挂钩，预计将实现收益增长。  
- 这两家公司预计将继续增加股息，适合希望从通胀中获利的投资者。  

想要从高通胀率中获利？买入这两只高收益股息股票