Fortis Announces Strong 2023 Performance and Sustainability Progress
Company Announcements

Fortis Announces Strong 2023 Performance and Sustainability Progress

Fortis (TSE:FTS) has released an update.

Fortis Inc. invites shareholders to its annual and special meeting on May 2, 2024, to discuss 2023’s strong fiscal performance, including a 9% EPS growth and a 4.4% dividend increase, marking 50 years of consistent dividend growth. The company is progressing towards its GHG emissions reduction targets, having achieved a 33% reduction in scope 1 emissions since 2019, and continues to invest heavily in cleaner energy and sustainability, with a focus on aligning executive compensation with ESG goals.

For further insights into TSE:FTS stock, check out TipRanks’ Stock Analysis page.

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