Q: Hello 5i Team
I currently own TransAlta Renewables (RNW) in a taxable account with a capital gain.
The current yield on RNW is 6.2% and the current yield for BEP.UN is 3.9 %.
The five year dividend growth for BEP.UN is approximately 5.5 % and the five year dividend growth for RNW is 3.0 % (with no dividend increases in the past two years).
1 - When BEP.UN spins out BEPC and BEPC starts trading, does it make sense to sell my RNW and purchase BEPC? Essentially I am trading dividend income for future capital gains and dividend growth.
2 - What date does BEPC commence trading, the BEP.UN press release July 16, gives a date of July 24 for BEPC.WI/BEPC (NYSE/TSX) and July 31 for BEPC/BEPC (NYSE/TSX)?
Thank you for all the clarifications posted for the BEP/BEPC spin out.
I currently own TransAlta Renewables (RNW) in a taxable account with a capital gain.
The current yield on RNW is 6.2% and the current yield for BEP.UN is 3.9 %.
The five year dividend growth for BEP.UN is approximately 5.5 % and the five year dividend growth for RNW is 3.0 % (with no dividend increases in the past two years).
1 - When BEP.UN spins out BEPC and BEPC starts trading, does it make sense to sell my RNW and purchase BEPC? Essentially I am trading dividend income for future capital gains and dividend growth.
2 - What date does BEPC commence trading, the BEP.UN press release July 16, gives a date of July 24 for BEPC.WI/BEPC (NYSE/TSX) and July 31 for BEPC/BEPC (NYSE/TSX)?
Thank you for all the clarifications posted for the BEP/BEPC spin out.