Brookfield Infrastructure Partners L.P. (NYSE: BIP) likes to buy assets that generate steady cash flow because that gives it the money to support its generous 3.9%-yielding distribution to investors. That approach often leads it to acquire utility-like businesses such as power lines, ports, and pipelines since these assets generate relatively stable cash flow backed by consistent volume or contractual obligations. That said, the company's aim isn't to pay a bond-like yield.