Q: I would appreciate your thoughts on switching my TVE shares to SOBO. SOBO is showing good momentum following the spin off from TRP whereas TVE has range bound for quite some time. I hold an adequate amount of TRP and my only other O&G holding is ENB.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello
Which of the two listed companies would you buy now for income and growth and why?
Thanks
Jeff
Which of the two listed companies would you buy now for income and growth and why?
Thanks
Jeff
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
But some analysts are stating that SOBO's dividend will be north of 9%.
Can you please clarify this discrepancy ?
Thanks
Q: Have read previous answers about the ACB being the price on day one of trading or $30. My broker has has assigned a ACB of $12.99 per share and reduced my ACB of TRP by #shares X 12.99. Which version is correct?
Q: Based on the presentation on their website the dividend for SOBO is anticipated to be $2.76/yr which would equate to around 9%. This seems like a really safe buying opportunity……. Thoughts? How did they determine the spin off price to result in such a high dividend?
Thanks.
Thanks.
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
Thanks
Q: Is this a buy for a TFSA. Already hold TRP-T in the TFSA, Comments .
Q: In a recent answer to a members question you made reference to "free" SOBO shares - resulting from the TRP spin out. I received spin out shares previously where the parent company share price was lowered as part of the spin out. Simply put were the SOBO shares in fact "free"?
Regards
Regards
Q: As a dividend value investor with a five year or more outlook, should I keep the few SOBO shares, should I sell the shares and by more TRP or should I boost the number of SOBO shares?
Q: Can you tell me what the date of record was for determining the no. of shares of Sobo existing shareholders of Trp will receive.
Q: Hi- your answer on yield expected was 1.9% - seems low for a pipeline / utility.
Some news reports have indicated 9% - can you clarify
thanks
Some news reports have indicated 9% - can you clarify
thanks
Q: Hi Peter I have 100 shares of TRP in my RRSP and 60 in my TFSA I did nothing for the spin off and now I see that it has dropped quite a bit. Is it time to get out of this stock, what can I expect to happen now. Thanks
Q: Good morning - I logged into my BMO IL account today and I still have not received the SOBO shares from the TC spin out arrangement. I believe that all holders of TC should have received the shares on October 1, 2024 which was two days ago. I called BMO IL and the agent I spoke with could not tell me when I would receive the SOBO shares. Would you know why this is the case and if any other brokerages are having the same delay? Clearly the shares are trading on the TSX so some investors must have their shares. Thank you.
Q: Will the dividends for SOBO be eligible for the Canadian dividend tax credit? Thanks!
Q: If one didn’t own any pipelines or energy infrastructure, is this TC Energy spin-off worth consideration? What might you recommend instead?
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
Q: Can you please comment on the Southbow spinoff and the resulting new share prices and adjustments to ACBs
Q: I own 300 shs of TRp, how many shares will I get in Sobo and If I sell my shs in Sobo will proceeds be taxed as a capital gain as Trp is held in a non registered account?
Q: Can you comment on the investment outlook for SOBO….its yield safety etc.
Q: 2nd try at this one too. Do you have an opinion on south bow?