TSX:FTSElectric Utilities
Decades-Long Dividend Growth And New Projects Could Be A Game Changer For Fortis (TSX:FTS)
In recent coverage, Fortis was highlighted for its decades-long record of annual dividend increases, supported by about US$28.80 billion in ongoing capital projects and revenue largely from rate-regulated assets.
This focus on long-term, contract-backed cash flows and a planned 4% to 6% annual dividend increase over the next five years underscores Fortis’s appeal as a defensive income provider, even as interest-rate trends remain an important consideration.
Next, we’ll examine how Fortis’s...