|Bid||55.80 x 0|
|Ask||55.82 x 0|
|Day's Range||55.58 - 55.98|
|52 Week Range||40.71 - 56.62|
|Beta (3Y Monthly)||0.05|
|PE Ratio (TTM)||15.27|
|Forward Dividend & Yield||1.91 (3.44%)|
|1y Target Est||N/A|
Why retirees should ditch bonds for Fortis Inc.(TSX:FTS)(NYSE:FTS) and another high yield stock in this low rate environment.
If you hate paying taxes, do this one cool trick with your TFSA and RRSP. Fortis Inc. (TSX:FTS)(NYSE:FTS) is a good company to start with.
Fortis Inc (TSX:FTS)(NYSE:FTS) shares rose in August by roughly 6%, continuing an impressive multi-year run that may continue even if the market stumbles.
Using your TFSA room effectively can make a big difference in your end returns. Lock in gains from a stock like Lightspeed POS Inc. (TSX:LPSD) while you can.
If you’re in your 20s, retiring in your 50s is not a long shot. Invest in Royal Bank of Canada (TSX:RY)(NYSE:RY) and Fortis Inc. (TSX:FTS)(NYSE:FTS) to build wealth and protect your investments.
Certain sectors do well during recessions. Kirkland Lake Gold Ltd. (TSX:KL)(NYSE:KL), Fortis Inc. (TSX:FTS)(NYSE:FTS), Capital Power Corporation (TSX:CPX) are companies in these sectors.
Some of the hottest stocks on the TSX to buy are The Toronto-Dominion Bank (TSX:TD)(NYSE:TD), Choice Properties REIT (TSX:CHP.UN), and Fortis Inc. (TSX:FTS)(NYSE:FTS).
Fortis Inc (TSX:FTS)(NYSE:FTS) is an example of a great dividend stock as it offers a good yield and the business is continuing to grow as well.
Here's how owning top dividend-growth stocks such as Canadian National Railway Company (TSX:CNR) (NYSE:CNI) inside a TFSA can set you up for a comfortable retirement.
Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) and another safe-haven stock could climb if recession fears continue.
Shopify (TSX:SHOP)(NYSE:SHOP) wasn't able to get investors excited about its recent acquisition on Tuesday as the stock continues to struggle in September.
ST. JOHN'S, N.L. — Fortis Inc. raised its dividend as it announced an increased capital investment plan.The utility company says it will now pay a quarterly dividend of 47.75 cents per share, up from 45 cents.Shares in Fortis will have an annual yield of 3.4 per cent based on its closing share price on Monday.The increased payment to shareholders came as the company said it will spend $18.3 billion between 2020 and 2024, up $1 billion from the previous year's plan.The company says most of the planned capital investments are at its regulated utility businesses.Fortis has utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries. Companies in this story: (TSX:FTS)The Canadian Press