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  5. SOBO: can you tell me with the new spin off today what will the dividend be for stock trp and also the spin off. [South Bow Corporation]
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Q: can you tell me with the new spin off today what will the dividend be for stock trp and also the spin off. thanks
Asked by hans on October 02, 2024
5i Research Answer:

The dividends have not been offically declared, but the companies have noted that 86% of the TRP dividend is expected to be allocated to TRP and 14% to SOBO. So this would make about 83 cents to TRP and 13 cents to SOBO quarterly. 

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