THIS WAS SHEER LUCK FOR ME TODAYFTS has been a very long hold me.......you can set your watch on a dividend increase, FTS never seems to disappoint!!..... as I am a little older now, I need a steady stream of reliable dividends to supplement my shi**ty little pension. Fortis is certainly not an exiting play, but at my stage of life, I don't really need any excitement or surprises.
I recommend that any investor with a longer term outlook to add FTS to your portfolio. I notice the volume is up recently, and that would indicate to me fund companies or maybe some pension funds are jumping in......forty bucks is a given, and possibly higher.
I tried to buy 1,000 today, but only got fills for 200 shares, both times at the low of the day $37.81.
So I put on a sell for the 200 at $38.65, and got taken out..........How is that for luck! Bought @ day's low...sold @ days's high..........couldn't do that again if I tried to.
Still hold 2,000 FTS inside my RRSP...........34 cents dividend on the quarter..fine with me!!!!
Best................SHUMBA