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Emera Incorporated (EMA $64.79)
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Capital Power Corporation (CPX $59.73)
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Brookfield Infrastructure Partners L.P. (BIP.UN $42.42)
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Hydro One Limited (H $49.28)
Q: Hi Guys;
I own FTS in my non registered account and I am looking for a complimentary holding in my TFSA. Which of the companies listed above would you prefer and why?
DON
I own FTS in my non registered account and I am looking for a complimentary holding in my TFSA. Which of the companies listed above would you prefer and why?
DON
5i Research Answer:
We would be comfortable with any, but BIP.UN's businesses are more diversified than the others and we think this would be the best complement. The dividend is secure and has room for growth. In a non-registered account its paired company BIPC may be better because it gets the dividend tax credit.