Q: I have a 5% holding of TRP in my income orientated non registered account , now at a 10% loss. I have a tendency to hold on to declining stocks for too long. Spin outs complicate my fairly
concentrated portfolio used to fund my retirement. What do you expect share price reaction to be over the period until spin out ? Any ideas on replacement ? I want to stay away from energy infrastructure and already own BEPC.
Thanks. Derek
concentrated portfolio used to fund my retirement. What do you expect share price reaction to be over the period until spin out ? Any ideas on replacement ? I want to stay away from energy infrastructure and already own BEPC.
Thanks. Derek
5i Research Answer:
After the recent sell-off, we would expect it to trade in a bit of a sideways manner for a while, as markets digest the spin off, so we would be a bit agnostic on it at this point. If looking for something solely to replace the dividend stream, BCE might be an option where they are offering an attractive yield but should also have a stable underlying business.