<p>最新的通脹數據並不是市場所希望看到的。消費者物價指數（CPI）在一月份環比上漲了 0.5%，同比上漲了 3%。這高於預期——市場共識是環比上漲 0.3% 和同比上漲 2.9%——並且遠高於美聯儲設定的約 2% 的目標。同時，另一個通脹指標，生產者物價指數（PPI），上個月季節性調整後上漲了 0.4%，高於經濟學家預期的 0.3% 的增幅。</p>
<p>高於預期的通脹對消費者和借款人來説是個壞消息。這可能會阻止美聯儲在短期內進一步降低基準利率。</p>
<p>然而，一些公司將從通脹中受益。兩個顯著的受益者是 <strong>W. P. Carey</strong>(WPC -0.31%) 和 <strong>Brookfield Infrastructure</strong>(BIPC -1.62%)(BIP -1.02%)。更高的通脹應該能使它們在未來更快地增長現金流，這可能支持它們高收益股息的更高增長率。</p>
<h2>將租金與通脹掛鈎</h2>
<p>W. P. Carey 是一家房地產投資信託基金（REIT），擁有多樣化的高質量、運營關鍵的物業組合。它專注於北美和歐洲的單租户工業、倉儲和零售物業，採用長期淨租賃合同，並內置租金遞增條款。淨租賃要求租户承擔他們所佔用物業的大部分運營費用，包括建築保險、房地產税和日常維護。這使得該 REIT 能夠抵禦通脹的影響。</p>
<p>與此同時，W. P. Carey 通過這些租賃遞增條款從通脹中受益。大約 51% 的租賃合同將租户的租金與 CPI 掛鈎。因此，在高通脹時期，其租金增長速度更快。去年，其同店租金增長超過 2.6%，得益於通脹。</p>
<p>W. P. Carey 還專注於投資於受益於通脹的物業。去年，它出售了其辦公物業組合，這為其投資新物業提供了現金。它最近的許多投資都包含與通脹掛鈎的租金。例如，它在美國和加拿大的一個 19 個物業的工業和倉儲組合中投資了 1.91 億美元。這些物業的加權平均剩餘租期為 13 年。美國物業的租金將與美國 CPI 同步上漲，而加拿大物業的租金將以固定比例遞增。該公司去年還在波蘭購買了幾處物業；它們的租金將以與歐元區 CPI 掛鈎的比例遞增。</p>
<p>該 REIT 將租金與通脹掛鈎的策略應能使其繼續提供高於同行的租金增長，同行通常簽訂固定年度租金增長的租賃合同。這使得 W. P. Carey 能夠繼續增加其當前收益率為 6.1% 的股息，如果通脹保持高位，其股息增長速度可能會超過同行的分紅。</p>
<h2>通脹驅動的增長</h2>
<p>Brookfield Infrastructure 是一家全球基礎設施運營商，投資於公用事業、能源中游、交通和數據等領域。這些業務產生穩定的現金流。大約 85% 的其運營資金（FFO）來自合同或受監管的資產。</p>
<p>公司的大多數財務框架都受益於通脹。大約 70% 的其 FFO 來自將收費率與通脹掛鈎的資產。同時，另有 15% 的 FFO 合同具有保護其免受通脹影響的機制。</p>
<p>這種與通脹掛鈎的機制為 Brookfield Infrastructure 提供了穩定和增長的現金流。公司估計，僅通脹就將每年為其每股 FFO 增加 3% 到 4%。這有助於支持高的有機增長率。</p>
<p>例如，Brookfield 去年實現了 7% 的有機 FFO 增長，得益於高通脹、更強的交易量和最近完成的資本項目。公司指出，高通脹使其能夠在運輸組合中推動強勁的收費（費用）增長（鐵路網絡上漲 7%，收費公路組合上漲 6%）。</p>
<p>通脹應有助於 Brookfield 在未來幾年推動額外的增長。管理層認為，其增長驅動因素（包括通脹）可以幫助實現每年超過 10% 的 FFO 每股增長。這應支持公司股息每年增長 5% 到 9%，目前股價的收益率超過 4%。</p>
<h2>利用高通脹獲利</h2>
<p>W. P. Carey 和 Brookfield Infrastructure 因許多合同包含通脹遞增條款而受益於高通脹率。這正在推動這些公司的額外盈利增長。這種增長預計將流向它們的股息，它們預計將繼續增加。因此，對於希望利用通脹獲利的投資者來説，它們是很好的買入股票。</p>

<p>最新的通脹數據表明，消費者物價指數（CPI）月度上漲 0.5%，年度增長 3%，超出預期。這可能會阻礙聯邦儲備委員會降低利率。然而，像 W. P. Carey 和 Brookfield Infrastructure 這樣的公司可能會因其與通脹掛鈎的合同而受益於通脹，可能導致更高的現金流和股息。W. P. Carey 專注於與 CPI 掛鈎的租金遞增物業，而 Brookfield Infrastructure 的資產也與通脹掛鈎，支持其增長和股息增加</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>最新的通脹數據並不是市場所希望看到的。消費者物價指數（CPI）在一月份環比上漲了 0.5%，同比上漲了 3%。這高於預期——市場共識是環比上漲 0.3% 和同比上漲 2.9%——並且遠高於美聯儲設定的約 2% 的目標。同時，另一個通脹指標，生產者物價指數（PPI），上個月季節性調整後上漲了 0.4%，高於經濟學家預期的 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>高於預期的通脹對消費者和借款人來説是個壞消息。這可能會阻止美聯儲在短期內進一步降低基準利率。</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，一些公司將從通脹中受益。兩個顯著的受益者是 <strong>W. P. Carey</strong>(WPC -0.31%) 和 <strong>Brookfield Infrastructure</strong>(BIPC -1.62%)(BIP -1.02%)。更高的通脹應該能使它們在未來更快地增長現金流，這可能支持它們高收益股息的更高增長率。</p>
</div><h2>Linking rents to inflation</h2>
<div class="lb-trans"><h2>將租金與通脹掛鈎</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 是一家房地產投資信託基金（REIT），擁有多樣化的高質量、運營關鍵的物業組合。它專注於北美和歐洲的單租户工業、倉儲和零售物業，採用長期淨租賃合同，並內置租金遞增條款。淨租賃要求租户承擔他們所佔用物業的大部分運營費用，包括建築保險、房地產税和日常維護。這使得該 REIT 能夠抵禦通脹的影響。</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>與此同時，W. P. Carey 通過這些租賃遞增條款從通脹中受益。大約 51% 的租賃合同將租户的租金與 CPI 掛鈎。因此，在高通脹時期，其租金增長速度更快。去年，其同店租金增長超過 2.6%，得益於通脹。</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 還專注於投資於受益於通脹的物業。去年，它出售了其辦公物業組合，這為其投資新物業提供了現金。它最近的許多投資都包含與通脹掛鈎的租金。例如，它在美國和加拿大的一個 19 個物業的工業和倉儲組合中投資了 1.91 億美元。這些物業的加權平均剩餘租期為 13 年。美國物業的租金將與美國 CPI 同步上漲，而加拿大物業的租金將以固定比例遞增。該公司去年還在波蘭購買了幾處物業；它們的租金將以與歐元區 CPI 掛鈎的比例遞增。</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>該 REIT 將租金與通脹掛鈎的策略應能使其繼續提供高於同行的租金增長，同行通常簽訂固定年度租金增長的租賃合同。這使得 W. P. Carey 能夠繼續增加其當前收益率為 6.1% 的股息，如果通脹保持高位，其股息增長速度可能會超過同行的分紅。</p>
</div><h2>Inflation-fueled growth</h2>
<div class="lb-trans"><h2>通脹驅動的增長</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 是一家全球基礎設施運營商，投資於公用事業、能源中游、交通和數據等領域。這些業務產生穩定的現金流。大約 85% 的其運營資金（FFO）來自合同或受監管的資產。</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>公司的大多數財務框架都受益於通脹。大約 70% 的其 FFO 來自將收費率與通脹掛鈎的資產。同時，另有 15% 的 FFO 合同具有保護其免受通脹影響的機制。</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>這種與通脹掛鈎的機制為 Brookfield Infrastructure 提供了穩定和增長的現金流。公司估計，僅通脹就將每年為其每股 FFO 增加 3% 到 4%。這有助於支持高的有機增長率。</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 去年實現了 7% 的有機 FFO 增長，得益於高通脹、更強的交易量和最近完成的資本項目。公司指出，高通脹使其能夠在運輸組合中推動強勁的收費（費用）增長（鐵路網絡上漲 7%，收費公路組合上漲 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>通脹應有助於 Brookfield 在未來幾年推動額外的增長。管理層認為，其增長驅動因素（包括通脹）可以幫助實現每年超過 10% 的 FFO 每股增長。這應支持公司股息每年增長 5% 到 9%，目前股價的收益率超過 4%。</p>
</div><h2>Cash in on high inflation</h2>
<div class="lb-trans"><h2>利用高通脹獲利</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 因許多合同包含通脹遞增條款而受益於高通脹率。這正在推動這些公司的額外盈利增長。這種增長預計將流向它們的股息，它們預計將繼續增加。因此，對於希望利用通脹獲利的投資者來説，它們是很好的買入股票。</p>
</div>

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

- 最新的消費者價格指數（CPI）在 1 月份環比上漲 0.5%，同比上漲 3%。  
- W. P. Carey 和 Brookfield Infrastructure 通過租金與通脹掛鈎，預計將實現收益增長。  
- 這兩家公司預計將繼續增加股息，適合希望從通脹中獲利的投資者。  

想要從高通脹率中獲利？買入這兩隻高收益股息股票