|Bid||53.82 x 0|
|Ask||53.83 x 0|
|Day's Range||53.07 - 53.83|
|52 Week Range||43.49 - 56.94|
|Beta (5Y Monthly)||0.06|
|PE Ratio (TTM)||14.81|
|Earnings Date||Feb. 13, 2020|
|Forward Dividend & Yield||1.91 (3.58%)|
|1y Target Est||56.51|
Worried about a market crash, as we're living in one of the longest bull markets in history? You need not worry if you follow these three easy steps, including having TD Bank (TSX:TD)(NYSE:TD) in your retirement portfolio.
It is with great sadness that Fortis acknowledges the passing of Ida J. Goodreau. Ida served as the Chair of the Governance and Nominating Committee of the Fortis Inc. Board of Directors and as Chair of the Board of Fortis subsidiary, FortisBC. Ida was a director of Fortis for a decade and served on the board of FortisBC and its predecessor for many years.
Fortis and Canadian Imperial are both buy-and-hold stocks you should add to your portfolio and forget about them while they grow.
Don’t be discouraged if you’re late in planning for retirement. Investing in the Fortis stock and Inter Pipeline stock can bring you closer to your goal of retiring rich.
Start investing in your TFSA early, and you'll be very pleased in the long term. Choose great companies like Fortis stock that are proven recession performers.
ST. JOHN'S, Newfoundland and Labrador, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) announced today that it has issued a total of 1,726,500 common shares of Fortis (the "Common Shares") as a result of the exercise of the over-allotment option (the "Over-Allotment Option") granted by the Corporation to a syndicate of underwriters led by Scotia Capital Inc., CIBC Capital Markets and RBC Capital Markets under its previously announced bought deal public offering (the "Bought Deal").
If you’re looking to power up a low-risk dividend stock portfolio, Fortis Inc. (TSX:FTS)(NYSE:FTS) is a strong play in the Canadian utilities space.
ST. JOHN'S, Newfoundland and Labrador, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that it has closed its previously announced bought deal public offering (the "Bought Deal") and concurrent direct registered offering (the "Concurrent Offering" and together with the Bought Deal, the "Offerings"). A total of 21,097,728 common shares of Fortis (the "Common Shares") were sold under the Offerings at a price of C$52.15 per Common Share, resulting in gross proceeds to Fortis of C$1,100 million.
The likelihood of a recession continues to grow each day, so picking up some recession-proof stocks like Brookfield Asset Management Inc (TSX:BAM.A)(NYSE:BAM) is the prudent move.
A market crash can be contained to prevent the depletion of your TFSA balance. The Fortis stock is as a safe as bonds because its low-risk business model is a defense against economic downturns.
Stop gambling! This herd of cash cows, including Franco-Nevada (TSX:FNV)(NYSE:FNV), can help build your wealth the prudent way.
Here are some excellent strategies for reducing your OAS clawback. Split income with a spouse, take RRSP income early, and invest in Fortis stock.