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Fortis Inc T.FTS

Alternate Symbol(s):  T.FTS.PR.J | T.FTS.PR.K | T.FTS.PR.M | FRTSF | FTRSF | FTS | FTPSF | T.FTS.PR.F | T.FTS.PR.G | T.FTS.PR.H | FORFF | T.FTS.PR.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 Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Company’s non-regulated businesses include energy infrastructure and corporate and other.


TSX:FTS - Post by User

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Post by Dibah42on Sep 23, 2020 8:27am
216 Views
Post# 31602786

Sad to see Barry step down

Sad to see Barry step down as he has been an examplary CEO but succession well planned.

Div increased to .505 starting Q4 a 5.8% increase.

The Board declared a common share dividend of $0.505 per share on the issued and outstanding fully paid common shares of the Corporation, representing a 5.8% increase in the quarterly dividend, payable on December 1, 2020 to the common Shareholders of Record at the close of business on November 18, 2020. In addition, the Corporation has extended its targeted average annual dividend per common share growth of approximately 6% to 2025 based on a 2020 annualized dividend of $1.91. Effective December 1, 2020, the 2% discount offered on common share issuances under the dividend reinvestment plan will be reinstated.
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