Fortis (FTS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Dividends can be a great way to generate income from stocks, no matter what the market is doing. But only if the companies paying the dividends are reliable.
Dividend investors looking for top portfolio holdings have a range of factors that ought to be considered before jumping into any individual position.
Fortis Inc. is a major Canadian utility company expanding into clean energy with a CA$26 billion capital plan, focusing on regulated assets. Recent financials show growth in revenue and net earnings, driven by rate-based expansion and new customer rates, particularly in the U.S. Fortis has a strong dividend history with 51 consecutive years of increases and plans for 4-6% annual growth through 2029.
Fortis, Inc. (NYSE:FTS ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Stephanie Amaimo - VP, IR David Hutchens - President and CEO Jocelyn Perry - EVP and CFO Linda Apsey - CEO, ITC Holdings Corp. Roger Dall'Antonia - President and CEO, FortisBC Janine Sullivan - President and CEO, FortisAlberta Susan Gray - President and CEO, UNS Energy Corporation Conference Call Participants Rob Hope - Scotiabank Maurice Choy - RBC Capital Markets Ben Pham - BMO Mark Jarvi - CIBC Capital Markets Patrick Kenny - National Bank Financial Michael Sullivan - Wolfe Research Operator Good morning, everyone. Thank you for standing by.
Dividend Aristocrats represent a wide range of stocks in different industries, but each of these companies holds one characteristic in common: their management teams have raised their dividend distributions each year for more than 25 years.
Fortis (FTS) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago.
Fortis (FTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fortis (FTS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Dividend stocks are among the top assets long-term investors want to consider when it comes to building a stable income-generating portfolio over time.
Fortis Inc. delivered solid Q2-2024 results, with adjusted earnings up 8% year over year, beating consensus estimates again. Despite the positive performance, Fortis' stock is expensive at 18.5X earnings, making it vulnerable to interest rate hikes and equity valuation normalization. Preferred shares offer attractive yields and are more appealing than common shares.
Utilities let you experience AI-driven growth with steady dividends. This is a recession-resistant sector with steady demand irrespective of market conditions. +7% yield from two time-tested picks, set to soar with interest rate cuts.