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Bullboard - Stock Discussion Forum Fortis Inc T.FTS.P.K


Primary Symbol: T.FTS Alternate Symbol(s):  T.FTS.P.J | FORFF | T.FTS.P.M | FTRSF | FTS | FRTSF | FTPSF | T.FTS.P.F | T.FTS.P.G | T.FTS.P.H | T.FTS.P.I

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC... see more

TSX:FTS - Post Discussion

Fortis Inc > giant sucking sound . . .
View:
Post by Indicator on Sep 17, 2022 9:18pm

giant sucking sound . . .

. . . as money leaves divy stocks and heads into GICs.

Even with the preferred divvy tax treatment it's hard to get excited about 3.66% with a captial risk divvy when you can get 4.50% on a guaranteed 1 year GIC
Comment by junglejames on Sep 18, 2022 10:40am
it really depends on your investment horizon.  We've held FTS in our RRSPs for 12+ years.  During that time the value of the shares has more than doubled and the dividend will have doubled with this year's expected increase payable Dec 1.    Our 'reserve' is in laddered GICs and the rising rates are great.  And with the pending conversion to a RRIF ...more  
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