07-30-2020, 12:08 PM
(07-30-2020, 11:46 AM)kblake Wrote: What happened to BEP this morning. It's down like $12 from yesterday lol
I know the spin off was completed today but I did't receive any shares on the new company BEPC yet. Your suppose to get 1 share for every 4 shares of BEP you own.
Anyone own? Or know what's going on? Divmenow of Fenders help
I want to buy more but need some clarity first lol
I do not own BEP, but I do own BIP which recently went through what I believe to be a similar process.
So basically the price per share is lower now because there are more shares out there... nothing happened to the value of the company itself. And you own these new shares too. I'm guessing it'll just take a day or two for them to show up on your account.