Q: Hello Team,
Which of these two companies would you prefer for total return going over the next three to five years, both capital gain and dividend. What expectation on each for total return?
Thanks,
Barry
Which of these two companies would you prefer for total return going over the next three to five years, both capital gain and dividend. What expectation on each for total return?
Thanks,
Barry
5i Research Answer:
We think both are fine, but BIP.UN likely has better potential due to its more-diverse asset mix (not all pure utlities). We might target returns of 8% to 10% for EMA and 10% to 15% for BIP.