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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: There's no "double exchange" of currency on the distributions. From the BEP website:

Distribution Currency Option

The quarterly distributions payable on the Partnership’s LP Units are declared in U.S. dollars. Beginning with the fourth quarter distribution payable December 31, 2016, unitholders resident in the United States will receive payment in U.S. dollars and unitholders resident in Canada will receive the Canadian dollar equivalent unless they request otherwise. The Canadian dollar equivalent of the quarterly distribution will be based on the Bank of Canada daily average exchange rate on the record date or, if the record date falls on a weekend or holiday, on the Bank of Canada daily average exchange rate of the preceding business day.

Registered unitholders resident in Canada who wish to receive a U.S. dollar distribution and registered unitholders resident in the United States wishing to receive the Canadian dollar distribution equivalent should contact Brookfield Renewable’s transfer agent, Computershare Trust Company of Canada, in writing at 100 University Avenue, 8th Floor, Toronto, Ontario M5J 2Y1 or by phone at 1-800-564-6253. Beneficial unitholders (i.e., those holding their units in street name with their brokerage) should contact the broker with whom their units are held.
Read Answer Asked by Jeff on June 27, 2017
Q: Hi Peter &Ryan
I wished to take a position in this stock on the US side of my cash account due to the div being in US $ I was told by my trading house that although the div is in US$ it must be paid in C$ which would mean a double exchange this is in my opion absurd .
Could you explain the rational for this that Brookfield is using .
Which should be a good stock for a US div is not good due to the double exchange.
Kind Regards
Stan
Read Answer Asked by Stan on June 27, 2017
Q: Hi, can you please comment on today's increase in trading volume. Also, how does this company compare to others in the industry pertaining to affo. With the upcoming capex and very few "buys" on the stock, do you feel this company has a higher probability of surprising to the upside? With payout ratio at around 60%, do you think they will raise the dividend anytime soon? Thanks! :)
Read Answer Asked by Jordan on June 27, 2017
Q: What discount broker would 5i recommend for a DIY investor who has a good knowledge level of the investment world? Things to be considered would be portfolio management, alerts, news reels, trading fees, real time quotes, charting capabilities, US & CDN Market coverage, consolidated reporting (across various accounts - e.g. RRSP, TFSA, LIRA, ORDER). Thank you.
Read Answer Asked by Bob on June 27, 2017
Q: I have been watching and warming up to this very small capp stock. Today it announced a 2nd quarter update.
My question is when companies do this "market update" does it set up an expectation that may dissapoint when actual results are released.
Also do you think this is an ok time to start a small postion or wait for next quarter results.
Thanks
John
Read Answer Asked by John on June 27, 2017