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Stock impact report

A Dirt-Cheap Canadian Dividend Growth Stock Built for the Long Haul [Yahoo! Finance Canada]

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
It's a stock that investors can buy, hold, and almost forget about for decades. Fortis doesn't make headlines, it doesn't swing wildly with the market, and it doesn't try to reinvent itself every few years. Instead, Fortis quietly compounds and provides investors with one of the longest dividend-increase streaks in Canada. For long-term investors, that level of stability is unheard of and invaluable. That's especially true given the sheer amount of market volatility we've seen this year. Why Fortis stands out as a long-term dividend compounder Fortis built its reputation on being consistent. Part of that comes thanks to the lucrative yet simple business model that Fortis adheres to. Fortis is one of Canada's largest regulated utility stocks This means that the company generates almost all its earnings from regulated assets such as power lines, electric utilities and natural gas distribution. Those are essential services that cannot be replaced, nor can consumers trade down to Show less Read more
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