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  5. TCN: Hi team what is a good entry price for TCN? [Tricon Residential Inc.]
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Investment Q&A

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Q: Hi team
what is a good entry price for TCN? (3 years time horizon)

is the dividend or income eligible for the dividend credit vs income ?
looking for a decent yield with a possibility of appreciation

thanks

Michael

Asked by Michael on December 13, 2023
5i Research Answer:

TCN dividend is an eligible dividend. The stock has not done much, but should have better potential as rates fall. We think $10.50 would be a good price and would be comfortable buying.