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Fortis Inc T.FTS

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

Utilities Utilities - Diversified
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include 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 includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.


TSX:FTS - Post by User

Fortis Inc
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Comment by whodathunkiton Jan 16, 2014 2:15pm
233 Views
Post# 22100131

RE:Note to whodathunkit

RE:Note to whodathunkitThe capital portion doubled.  Then add in the dividends.  That works out to be about a 150% gain over 10 years.  I'll take that any day.

Get rich quick is a mugs game.  True wealth is accumulated over time by investing in good quality blue chip dividend paying equities.  Over time the capital value goes up all the while collecting and reinvesting the dividends.  At the end of the day you have a solid group of investments that pay you a nice income to retire on.

Cheers.
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Dealroom for high-potential pre-IPO opportunities