|Bid||46.57 x 0|
|Ask||46.62 x 0|
|Day's Range||46.40 - 47.20|
|52 Week Range||40.21 - 48.10|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||20.29|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||1.80 (3.83%)|
|1y Target Est||49.01|
From Fortis Inc. (TSX:FTS)(NYSE:FTS) to a Big Six banker, these are some of the most defensive stocks on the TSX index.
Here's why Algonquin Power and Utilities (TSX:AQN) (NYSE:AQN) and another two top dividend stocks deserve to be on your income radar.
All the common shares of Newfoundland Power Inc. are owned by Fortis Inc. (TSX/NYSE:FTS), a leader in the North American regulated electric and gas utility industry with total assets of approximately C$53 billion as at December 31, 2018. Newfoundland Power is the primary distributer of electricity on the island portion of Newfoundland and Labrador, and purchases 93% of its energy needs from Newfoundland and Labrador Hydro. With a customer base of approximately 268,000 accounts, Newfoundland Power is committed to safety, dedicated to the highest level of customer service and delivers reliable electricity at the lowest possible cost.
ST. JOHN'S, Newfoundland and Labrador, Feb. 15, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) today filed its audited Consolidated Financial Statements.
Fortis Inc. ("Fortis" or the "Corporation"), a leader in the North American regulated electric and gas utility industry, released its 2018 fourth-quarter and annual financial results today. "After considerable acquisition-driven growth in recent years, Fortis is a premier North American utility forging ahead with excellence in operations, sustainability and financial performance," said Barry Perry, President and Chief Executive Officer, Fortis.
ST. JOHN'S, Newfoundland and Labrador, Feb. 14, 2019 -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) has declared the following.
TFSA investors should seek out stocks like Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Fortis Inc. (TSX:FTS)(NYSE:FTS) that offer high and steady yields.
ST. JOHN'S, Newfoundland and Labrador, Feb. 07, 2019 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its 2018 annual financial results on Friday,.
IGM Financial Inc. (TSX:IGM) and one other TSX index heavyweight could bring security and passive income to TFSA investors.
Investors looking for an income-providing investment that can withstand any downturn will be hard-pressed to find a better buy-and-forget option than Fortis Inc. (TSX:FTS)(NYSE:FTS).
Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and Fortis Inc. (TSX:FTS)(NYSE:FTS) have made some long-term investors quite rich. Is one more attractive today for your RRSP?
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These three downgraded stocks, including Fortis Inc. (TSX:FTS)(NYSE:FTS), might be too dangerous for you to handle.
ST. JOHN'S, N.L. — Fortis Inc. has signed a deal to sell its 51 per cent stake in the Waneta expansion hydroelectric project in B.C. to its provincial government partners for approximately $1 billion. The B.C. government's Columbia Power Corp. and Columbia Basin Trust together already hold the other 49 per cent of the Waneta expansion. The project was completed in 2015 and has the capacity to produce 335 megawatts of power. Fortis says the sale will help finance the growth of its regulated utility business. FortisBC will continue to operate the facility and purchase its surplus capacity. The deal, which is subject to customary closing conditions, is expected to close within 90 days. Companies in this story: (TSX:FTS) The Canadian Press
Columbia Power Corp and Columbia Basin Trust will buy Fortis' stake in the facility, which built a second powerhouse for the Waneta Dam four years ago. Fortis, which has operated the 335 mega-watt facility since it began production in 2015, will continue to operate the facility and purchase its surplus capacity, it said in a statement.
ST. JOHN'S, Newfoundland and Labrador, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Consistent with its capital investment funding strategy, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced it has entered into a definitive agreement with Columbia Power Corporation ("CPC") and Columbia Basin Trust ("CBT") to sell its 51% interest in the Waneta Expansion Hydroelectric Project in British Columbia ("Waneta Expansion") for approximately $1 billion. CPC and CBT are currently partners with the Corporation and together own 49% of the Waneta Expansion. As previously disclosed, the Corporation expects to fund its $17.3 billion five-year capital investment plan at its North American regulated utility business with cash from operations, debt raised at its utilities, common equity from the Corporation's dividend reinvestment plan and $1 to $2 billion of proceeds from non-core asset sales.
Fortis (TSX:FTS) (NYSE:FTS) and Toronto Dominion Bank (TSX:TD) (NYSE:TD) are two of Canada's top dividend-growth stocks. Is one a better bet for your RRSP right now?
Fortis Inc. (TSX:FTS)(NYSE:FTS) is becoming a top dividend stock to buy in 2019 as environment becomes favorable for utility companies.