What is the difference between the two Brookfield Renewable Partner stocks below?

0
0

Do you have a preference between the two?
BEP.UN Brookfield Renewable Partners
BEPC.TO Brookfield Renewable Partners

Marked as spam
Asked on November 21, 2023 8:04 pm
44 views
0
Private answer

I guess to fully answer your question as I didn't in the original, if I was buying BEP in a tax-sheltered account, I'd buy BEP.UN as it tends to trade at a slight discount to BEPC. If I was owning it in a taxable account, I'd own BEPC for the tax benefits.

Marked as spam
Posted by Dan Kent
Answered on November 26, 2023 11:12 am
0
Private answer

The easiest explanation possible is that it's simply a tax consideration.
Brookfield spun these corporations out (BIPC and BEPC) for them to be more attractive to Canadian investors because they pay out a dividend over a cash distribution. In most cases, the dividend is going to be taxed better than the distribution

Marked as spam
Posted by Dan Kent
Answered on November 26, 2023 11:11 am