Does SOBO have potential for capital growth or be considered a dividend stock.

Over the long-term I expect this to be a high-yielding, slower growing play. I wouldn't expect a high level of outsized growth from this one over the long-term. However, there will likely be a bit of volatility price wise initially while the market even figures out what they want to pay for the company. We've witnessed that already.

In terms of dividend coverage, I would hope that TC Energy would have figured out the dividend payments to the point where the dividend is supported. However, without a string of financial results, I can't really speak on the dividend on dividend coverage.

With the yield it's going to have, I expect a ton of the distributable cash flows will be paid back to investors and for this reason I believe it will remain a slower growing, high yielding play.