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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

Comment by bossuon Feb 22, 2021 12:56pm
372 Views
Post# 32627233

RE:RE:RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on Friday

RE:RE:RE:RE:RE:RE:RE:Possible cause of FTS stock decrease on FridayHowever  analysts are recommending this stock and downside risk low !
Dividend storey exceptionnal and actual yield is 4 .0%
Morningstar has 4 stars.
And under $ 50 now
But share price  below 250 days moving average which is not good.
The ''buble'';soon to burst it seems that it would be better to park the money in an ETF but which one ?
Long term has been down ex: XLB down from $ 28,50 to 25,10 in less than 6 months. 
Short term a small variation and a monthly rate 0,05 on $ 28 or 2 %
Any idea ?
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