Q: Long time holder of TRP. Now that the spinoff is approved, do you suggest we simply wait for the process to unfold, resulting in owning both TC Energy and SouthBow?
My understanding is TRP is the gas-nuclear entity and is considered to be the more conservative, while SB is the oil pipelines and considered to more aggressive of the two.
Any idea of the post split dividends for each company? I understand the cumulative dividend is supposed to be the same as pre-split.
Also, I own TRP in both an RRSP account and a Cash account. Keep all 4 post-split equities or does the account type lead you to suggest a different strategy for RRSP vs Cash?
Thanks...Steve
My understanding is TRP is the gas-nuclear entity and is considered to be the more conservative, while SB is the oil pipelines and considered to more aggressive of the two.
Any idea of the post split dividends for each company? I understand the cumulative dividend is supposed to be the same as pre-split.
Also, I own TRP in both an RRSP account and a Cash account. Keep all 4 post-split equities or does the account type lead you to suggest a different strategy for RRSP vs Cash?
Thanks...Steve
5i Research Answer:
The split will not happen until the fall, so there is time to consider all of this. We would...