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Stock impact report

Can Fortis Power Up Your Income Portfolio? [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
Summary This article has been written by Olivier Gélinas for Dividend Stocks Rock. After its 2013 and 2014 acquisitions, the management at Fortis, Inc. ( FTS ) took a hit as CEO Stan Marshall retired after 18 years. Nonetheless, FTS continued its growth projections by acquiring in 2016 UITC Holdings Corp. Today, the company is among the top 15 of North America’s largest investor-owned utility businesses. A look back at its dividend history, Fortis nearly has the holy Dividend King title in hand. Behind 44 years of consecutive dividend increases, management’s plans for growth is promising. Capital expenditures, new developments and enhanced demand are on the agenda. This stock is definitely a must to look at while this lasts ( please note all graphs and valuation calculation show CAD value ). Understanding the Business Fortis is a utility distribution business, originated from St. Johns, Newfoundland and Labrador. While it mainly operates in Canada, its recent acquisit Show less Read more
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