Q: Today TRP dropped 10%.
I will appreciate your comments as to why this huge drop.
Will the dividend be affected?
Do you recommend holding the stock, selling or buying more at this level.
Thanks
I will appreciate your comments as to why this huge drop.
Will the dividend be affected?
Do you recommend holding the stock, selling or buying more at this level.
Thanks
5i Research Answer:
The stock is not really down much today. Today is the spin off date for South Bow Corp. and TRP receive shares in SOBO as part of the company's reorganization. We would continue to see TRP as decent for income investors.