TSX:FTSElectric Utilities
Did Fortis’ (TSX:FTS) Reaffirmed Dividend Growth and CAPEX Plan Just Refocus Its Investment Narrative?
Fortis Inc. recently reported solid first-quarter 2026 results, with earnings per share growth supported by ongoing capital investments, regulatory decisions and progress on projects such as the Big Cedar Industrial Center substation and the conversion of the Springerville Generating Station from coal to natural gas.
The company also outlined a CAD 5.60 billion capital investment plan for 2026 and reaffirmed its commitment to 4%–6% annual dividend growth through 2030, underscoring...