EEP Enbridge Partners vs EEQ Enbridge Management
Hi,
I know these stocks have high debt. Just doing some due diligence exercises. Can someone tell me what the difference is between these two stocks? Specifically, I am not referring to the fact that Management is a company that manages EEP and has its success depend on the success of EEQ. I mean as a stock holder. Tracking these two stocks for the past 10 years, I see that they track each other pretty much identically. This kind of makes sense because EEP supposedly pays out a cash dividend, and EEQ pays the same dividend amount (true or not?) "in kind" of share offerings (instead of cash) (am I correct?). If this is the case, why does EEQ outperform EEP when we trace the companies beyond 10 years?
I know these stocks have high debt. Just doing some due diligence exercises. Can someone tell me what the difference is between these two stocks? Specifically, I am not referring to the fact that Management is a company that manages EEP and has its success depend on the success of EEQ. I mean as a stock holder. Tracking these two stocks for the past 10 years, I see that they track each other pretty much identically. This kind of makes sense because EEP supposedly pays out a cash dividend, and EEQ pays the same dividend amount (true or not?) "in kind" of share offerings (instead of cash) (am I correct?). If this is the case, why does EEQ outperform EEP when we trace the companies beyond 10 years?