Q: Hello, I was looking at entering a position in Terra Nitrogen Co (TNH) which produces nitrogen fertilizer products. It has a pretty good dividend and seems to be very undervalued. Also it seems to excel across most metrics (ROIC, ROA, etc).
A few reservations is that the gross margin is slowly decreasing over the past 5 years and that it is a master limited partnership. Is this different tax wise if I buy this through my RRSP account?
I already hold Agrium and wanted to also get into TNH for the dividend and valuation.
Your thoughts would be greatly appreciated.
Andrew
A few reservations is that the gross margin is slowly decreasing over the past 5 years and that it is a master limited partnership. Is this different tax wise if I buy this through my RRSP account?
I already hold Agrium and wanted to also get into TNH for the dividend and valuation.
Your thoughts would be greatly appreciated.
Andrew
