TSX:FTSElectric Utilities
Fortis (TSX:FTS) Valuation Check After Dividend Increase And CA$28.8b Capital Plan Guidance
Fortis (TSX:FTS) recently raised its fourth quarter dividend and outlined a CA$28.8b capital plan for 2026 to 2030, giving investors fresh context for assessing its income profile and long term growth ambitions.
See our latest analysis for Fortis.
Against this backdrop, Fortis shares have been relatively steady, with a 90 day share price return of 2.60% and a 1 year total shareholder return of 21.14%. This points to gradually improving momentum rather than a sharp re rating.
If Fortis’s...