RE:Revenue growthNot missing anything Bobmarley9 . As per their last financial report:
- Despite the pandemic, FTS has maintained their accelerated capital plans: $19.6 billion through 2025, up $800 million from the previous five-year plan.
- These investments are expected to increase rate base from $30.5 billion in 2020 to $36.4 billion by 2023 and $40.3 billion by 2025 (annual growth rate approx. 6%).
- Targeting average annual dividend growth of approx. 6% through 2025.
Patience is required to see investors through current stock price action, which is driven by the current bond yield curve. Once this "yield shock" subsides, we should all reap the benefits of their growth strategy.
- GBG