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Fortis Inc T.FTS.PR.G


Primary Symbol: T.FTS Alternate Symbol(s):  FTS | T.FTS.PR.F | FORFF | 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 SargeXon Jul 19, 2023 1:42pm
498 Views
Post# 35548350

RE:Rapid Changes....

RE:Rapid Changes....I've also been noticing the recent wild swings. We've held since Aug, 2018 and I can;t recall anything like this for FTS.

As an aside, we've decided to eventually move on from FTS and have put some of the dough into our other holdings (which all have a higher yield) and kept some extra cash. 

I think we're done for this year in order to spread the capital gains across three years (2022,2023,2024). So far, we've trimmed 90% of our shares. The net result is a total profit of $47.8k including divs (so obviously pleased with what FTS has done for us).

FTS is a great company but there's too many others that have quite a bit higher yield - eg:  BCE,BNS,CPX,EMA,KEY,PPL,T,TRP.

Ciao
  Sarge

guelph1 wrote: Does anyone have any insight as the significant daily changes of this stock, it's a utility and thus is usually semi-immune to these kind of fluctuations. I notice the short positions holding steadily.  Appreciate some insight............


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