Fortis (TSE:FTS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Fortis Inc., a leading North American utility company, reported a rise in third-quarter net earnings to $420 million, benefiting from increased rate base growth and new rates at Tucson Electric Power. The company announced a 4.2% dividend hike and unveiled a $26 billion capital plan for 2025-2029, aiming for significant infrastructure investments and steady dividend growth. With a focus on regulated growth, Fortis continues to enhance shareholder value while advancing its clean energy initiatives.
For further insights into TSE:FTS stock, check out TipRanks’ Stock Analysis page.
