TSX:FTSElectric Utilities
Fortis (TSX:FTS) Valuation Check After Capital Plan Boost, Earnings Growth and Dividend Increase
Fortis (TSX:FTS) is back in the spotlight after Q3 results showed rate base growth humming along, an 11% bump in its multi year capital plan, and another uptick in the dividend.
See our latest analysis for Fortis.
Those steady updates on capital spending and dividends seem to be filtering into the market, with Fortis’s share price at $69.25 and a robust year to date share price return of 16.15%, translating into a 19.35% one year total shareholder return and signalling gradually improving...