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
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