GREY:EBGUF - Post by User
Post by
ckwongon May 19, 2018 7:46pm
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Post# 28057258
I want 0.84 ENB for each share of ENF not 0.7
I want 0.84 ENB for each share of ENF not 0.7I invest in ENF for its dividend. If it is exchanged to ENB. I want the same dividend income. I want the same dividend after exchange. I am not able to live on unrealized capital gain.
This is how I come up with the ratio. Each share of ENF gives me $2.256 each year. ENB has annual dividend of $2.684. To maintain the same income, I want 0.84 share of ENB.