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Fortis Inc. (FTS.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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52.13+0.37 (+0.71%)
At close: 4:00PM EST
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Previous Close51.76
Open52.00
Bid52.05 x 0
Ask52.27 x 0
Day's Range51.61 - 52.42
52 Week Range41.52 - 59.28
Volume1,636,259
Avg. Volume1,669,307
Market Cap24.333B
Beta (5Y Monthly)0.06
PE Ratio (TTM)19.66
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.02 (3.90%)
Ex-Dividend DateFeb. 12, 2021
1y Target EstN/A
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News
Press Releases
  • Fortis Inc. To Hold Teleconference on February 12 to Discuss 2020 Annual Results
    GlobeNewswire

    Fortis Inc. To Hold Teleconference on February 12 to Discuss 2020 Annual Results

    ST. JOHN'S, Newfoundland and Labrador, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2020 annual financial results on Friday, February 12, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2020 annual financial results. Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.877.223.4471. International participants may participate by calling 647.788.4922. Please dial in 10 minutes prior to the start of the call. No pass code is required.A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com. A replay of the conference will be available two hours after the conclusion of the call until March 14, 2021. Please call 1.800.585.8367 or 416.621.4642 and enter pass code 1887263.About Fortis Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/2c43559b-6fc9-4d13-a044-86fd252ace0cFor further information contact Investor Enquiries: Ms. Stephanie Amaimo Vice President, Investor Relations Fortis Inc. 248.946.3572 investorrelations@fortisinc.comMedia Enquiries: Ms. Karen McCarthy Vice President, Communications and Corporate Affairs Fortis Inc. 709.737.5323 media@fortisinc.com

  • Tucson Electric Power Receives Decision in General Rate Application
    GlobeNewswire

    Tucson Electric Power Receives Decision in General Rate Application

    ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced that the Arizona Corporation Commission ("ACC") has approved new rates in Tucson Electric Power's ("TEP") general rate application effective January 1, 2021. The ACC approved rate base of US$2.7 billion, including approximately US$1.2 billion invested since the last rate order. The ACC also approved an allowed return on equity of 9.15% and equity capital structure of 53% compared to an allowed return on equity and equity capital structure previously of 9.75% and 50%, respectively. The decision includes a 0.20% return on the fair value increment.TEP has been upgrading its transmission and distribution systems to serve the Tucson area's expanding population, support economic growth and meet its customers' evolving energy needs. TEP investments provide safe and reliable service to customers while transitioning to a cleaner, more flexible and resilient energy portfolio.  Yesterday's decision supports reliable, sustainable and affordable service to customers in Tucson, Arizona. As TEP embarks on a cleaner energy future and shifts to renewable generating resources, customers will benefit from this energy transition while realizing continued reliability and affordability.About Fortis Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov. For further information contact Investor Enquiries: Ms. Stephanie Amaimo Vice President, Investor Relations Fortis Inc. 248.946.3572 investorrelations@fortisinc.comMedia Enquiries: Ms. Karen McCarthy Vice President, Communications and Corporate Affairs Fortis Inc. 709.737.5323 media@fortisinc.comA pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/6331a711-0e96-400a-ae4f-6a16dcd70767

  • Fortis Inc. Announces First Quarter Dividends - 2021
    GlobeNewswire

    Fortis Inc. Announces First Quarter Dividends - 2021

    ST. JOHN'S, Newfoundland and Labrador, Nov. 18, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends: 1. $0.3063 per share on the First Preference Shares, Series "F" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   2. $0.2745625 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   3. $0.11469 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   4. $0.094685 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   5. $0.2969 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   6. $0.2455625 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;   7. $0.2445625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021; and   8. $0.505 per share on the Common Shares of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021.The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.About Fortis Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/86346561-af27-4296-8953-5e49687967c1For more information, please contact Investor Enquiries: Ms. Stephanie Amaimo Vice President, Investor Relations Fortis Inc. 248.946.3572 samaimo@fortisinc.com Media Enquiries: Ms. Karen McCarthy Vice President, Communications & Corporate Affairs Fortis Inc. 709.737.5323 media@fortisinc.com