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Stock impact report

Fortis: A New Capital Plan Extends Decades Of Dividend Growth [Seeking Alpha]

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
FTS maintains its 52-year dividend growth streak, announcing a 4% increase and targeting 4-6% annual dividend growth through 2030. Recent results highlight stable earnings, strong U.S. operations, and a resilient regulatory profile, supporting Fortis' premium valuation among peers. Fortis offers reliable, growing dividend income and a low-risk profile, making it an attractive long-term buy-and-hold option for income-focused investors. Andrew Sommerfeld/iStock via Getty Images Author's note: All figures in Canadian currency unless otherwise stated. Investment Thesis Fortis Inc. ( FTS:CA ) recently announced the launch of a new 5-year, $28.8B capital plan. The company's guidance to 2030 calls for 7% annualized rate This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of FTS:CA, CU:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiv Show less Read more
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