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Stock impact report

1 Canadian Stock I'd Trust for the Next 10 Years [Yahoo! Finance Canada]

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
In today's volatile market, savvy investors are hunting for defensive plays that deliver reliable income and steady growth. For those looking to deploy their next chunk of capital, I think Fortis TSX:FTS ) is a top place to consider investing. Here's why this regulated utility giant offers the stability amid economic uncertainty many investors should be looking for right now. Stellar dividend record Fortis boasts 52 consecutive years of dividend increases, an impressive fact in and of itself. Indeed, with another recent 4.1% hike to $0.64 quarterly, this stock now yields roughly 3.3% at current prices. Even more impressively, the company's payout ratio of 73% is sustainable, covered comfortably by earnings. That makes Fortis among the top defensive dividend giants in the market, and a cornerstone for income seekers. Robust moat and financials As one of North America's largest investor-owned utilities, Fortis serves 3.7 million customers with regulated assets. This busines Show less Read more
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