Financial expert Gordon Pape explains why the Brookfield spinoff isn't the same price as the original and why he favours the original stock. Same compagny same stock same everything . Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Michigan is a big hunting state, and guns are common. If there ever is another steep sell-off in this stock in the future, I will certainly be more than happy to buy. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. BEP is a limited partnership that owns a global portfolio of clean energy assets, mainly hydroelectricity but also some solar and wind farms. In a taxable account, we would not see a big advantage to switching BEP units to BEPC shares if the BEP units were sitting at a gain. Great summary and thoughts. Dividends from BEPC are eligible for the dividend tax credit in Canada, while distributions from the limited partnership are not. Read our Twitter News Feed. So, essentially, if you buy Brookfield Infrastructure, you're getting the benefits of owning Brookfield Infrastructure. Just take a look at how (relatively) well Brookfield Infrastructure performed versus its parent in the last recession: This could tip the scales in Brookfield Infrastructure's favor for investors concerned about capital preservation. However, as a single play, BEP stock has a lower dividend than the two combined, and as such, it is not a high-yield play. Being a limited partnership prevented certain investors in certain jurisdictions, such as institutional investors and pension funds, to hold BEP units. Employees, directors, officers, and/or partners hold a financial or other interest in the i2i Long/Short US Equity Fund (i2i Fund) which from time to time may hold a financial or other interest in non-Canadian securities discussed throughout the 5i website. We are the #1 Source for Dividend Stocks! Something about not having to file some extra form. This acceleration in investment also sounds quite intuitive to me given the massive push of governments and corporations for decarbonization. The creation of a corporation opened the way for these institutions to take a position in one of the worlds largest publicly traded clean energy enterprises. I'm guessing that i'm just confused about something here so I would really appreciate if someone would take the time to ELI5. James | East Lansing, MI | Reply | No Replies.
