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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

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

Bullboard Posts
Post by SHUMBAon May 02, 2017 1:37pm
171 Views
Post# 26193414

I'm in, been in for some time now

I'm in, been in for some time nowAs I have mentioned prior in my previous posts, FTS is of the mainstays of my portfolio. One can set your watch on a dividend increase. Not that one should use the "yield on cost" calculation, I am getting just shy of a 5% yield, along with decent capital appreciation. At today's SP the yield is just shy of 4%. FTS represents just under 8% of my entire portfolio. Diversifying is key to any good portfolio. In addition, I hold ENB ENF EMA and CU. All pay a decent dividend along with regular dividend increases. I am still in "the house of pain" with CU, but it appears to be returning to my cost price, so will just hang on and ride it up, meanwhile collecting a dividend. Depending upon one's age and other sources of income, your core holdings must include some utilities along with three or four banks. I will again mention Enercare, or ECI. 96 cents a year paid monthly, along with a great capital appreciation, and me thinks ECI has the potential to be taken out. Best............SHUMBA
Bullboard Posts