skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Good morning,

Just looking for confirmation of the recently-announced TRP and SOBO dividends.

I see TRP @ C$0.823 for an indicative yield of 4.85%.
I see SOBO @ US$.50, for an indicative C$ yield of ~ 8.5%.

It would seem to me that if one is + on the space, given recent analyst estimates for both companies, owning both makes sense over the near-term. While I like the SOBO yield, I had forgotten that the TRP yield would drop a bit.

Thanks as always.
Read Answer Asked by Trevor on November 11, 2024
Q: In a portfolio with banks at 42% (TD, and National), energy at 35% (TC, Sobo, and Tourmaline) and consumer discretionary 16% (ATD), what companies would you suggest diversifying into? This is my husband's account and he buys and holds. He will be selling Telus and needs some options for telecommunications and more. Could he be more diversified? He is asking my advice but I appreciate hearing from you.

Many thanks.
V.
Read Answer Asked by V on October 28, 2024
Q: I have small positions in these stocks and I'm also overweight in Canadian stocks, so considering raising some cash to invest in U.S. and/or international stocks.

Please rate these in terms of whether to hold (and, if so, how much patience might be
needed) or sell.
Read Answer Asked by Valerie on October 25, 2024
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
Read Answer Asked by Terry on October 12, 2024
Q: With about a 9% indicative yield at current stock price - SOBO looks very attractive as income investment for the medium-long term. I can't believe that the spin-out would be created with anything but a very solid sustainable dividend - so the high dividend yield in this case is more a sign of unfamiliarity and churn as opposed to "risk". Do you agree with this view??
Thanks
Read Answer Asked by Gary on October 10, 2024