Dividends represent the portion of a company's earnings paid to shareholders, typically on a quarterly basis.
In 2023, the S&P 500 reached new peaks despite having to work through a number of headwinds to get to these fresh highs.
In 2023, the S&P 500 reached new highs, despite plenty of headwinds and geopolitical tensions providing downside pressure. Such events impacted global markets, but the U.S. index has stood strong, making new highs this year.
Fortis, Inc. (NYSE:FTS ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Stephanie Amaimo - Vice President of Investor Relations David Hutchens - President and Chief Executive Officer Jocelyn Perry - Executive Vice President and Chief Financial Officer Linda Apsey - Chief Executive Officer, ITC Holdings Corp. Susan Gray - President and Chief Executive Officer, UNS Energy Corporation Conference Call Participants Maurice Choy - RBC Capital Markets Rob Hope - Scotia Capital Mark Jarvi - CIBC Capital Markets Operator Good morning, everyone. Thank you for standing by.
Fortis (FTS) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.46 per share a year ago.
Dividend Kings are high-end stocks that have raised their dividends annually for at least 50 years consecutively. These remarkable companies have maintained their streak of annual dividend growth through wars, recessions and financial crises.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Fortis (FTS) and Southern Co. (SO). But which of these two companies is the best option for those looking for undervalued stocks?
Fortis (FTS) is a solid pick for your portfolio at the moment, given its long-term investment plan and earnings growth projections.
One of the most significant benefits of dividend stocks is their ability to generate passive income for investors. Even if income generation isn't your primary investment goal, owning one or more quality dividend payers is a good way to ensure you have a diversified portfolio.
Fortis has been delivering steady dividend growth for 5 decades. The stock has been on our watch list for a long time but has continuously eluded our buy points. We look at the recent results and update our thesis.