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  5. SOBO: On the website of SOBO it is stated that the SOBO dividend will be 14% of the TRP dividend prior to spin off. [South Bow Corporation]

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Q: On the website of SOBO it is stated that the SOBO dividend will be 14% of the TRP dividend prior to spin off. Therefore the amount of SOBO dividend will be 14% x $3.84 = 54 cents. This will give a dividend yield of about 1.7%.
But some analysts are stating that SOBO's dividend will be north of 9%.

Can you please clarify this discrepancy ?
Thanks
Asked by Terry on October 12, 2024
5i Research Answer:
There are conflicting reports. We think 9% is too high, but we need to await the official...
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