Fortis Stock Price, News & Analysis

The Board of Directors of Fortis has declared dividends on its preference and common shares, all payable on September 1, 2021. The dividend amounts include $0.3063 per share for Series 'F', $0.2745625 for Series 'G', $0.11469 for Series 'H', $0.097734 for Series 'I', $0.2969 for Series 'J', $0.2455625 for Series 'K', $0.2445625 for Series 'M', and $0.505 for Common Shares. Shareholders of record as of August 19, 2021, will receive these dividends, designated as eligible for federal and provincial dividend tax credits.

Fortis Inc. (TSX/NYSE: FTS) will release its second quarter 2021 financial results on July 29, 2021, alongside its 2021 Sustainability Update Report. A teleconference is scheduled for the same day at 8:30 a.m. Eastern, featuring David Hutchens, President and CEO, and Jocelyn Perry, CFO, discussing the results. Stakeholders can join via a dedicated phone line or through a live webcast on the company's website. Fortis reported $8.9 billion in revenue for 2020 and has total assets of $56 billion as of March 31, 2021, serving customers across five Canadian provinces and nine U.S. states.

Fortis Inc. (TSX/NYSE: FTS) is set to release its second quarter 2021 financial results and Sustainability Update Report on July 29, 2021. A teleconference will occur at 8:30 a.m. Eastern, led by CEO David Hutchens and CFO Jocelyn Perry. Interested parties can join by calling 1.877.223.4471 or 647.788.4922 for international participants. The live audio webcast will also be available on Fortis' website. For 2020, the company reported revenues of $8.9 billion and total assets of $56 billion as of March 31, 2021, with 9,000 employees serving customers across North America and the Caribbean.

Fortis Inc. (TSX/NYSE: FTS) held its Annual Meeting of Shareholders virtually on May 6, 2021, where all items of business were approved. Shareholders elected 12 directors, achieving gender parity on the Board. Deloitte LLP was appointed as the auditors. An advisory vote on executive compensation was also approved, with 97.13% of votes in favor. In 2020, Fortis reported revenues of $8.9 billion and total assets of $56 billion. The company serves utility customers across five Canadian provinces, nine US states, and three Caribbean countries.

Fortis released its first quarter results for 2021, showcasing a net earnings increase to $355 million or $0.76 per share, compared to $312 million in 2020. Adjusted net earnings rose to $360 million or $0.77 per share, up from $315 million. The corporation's capital expenditures amounted to $0.9 billion, part of a $3.8 billion annual plan. Credit ratings were affirmed by S&P and upgraded by DBRS. The Oso Grande Wind Project was completed, and the outlook for Fortis remains positive with a 6% dividend growth guidance.

Fortis Inc. (TSX/NYSE: FTS) will release its first quarter 2021 financial results on May 5, 2021, with a teleconference scheduled at 8:30 a.m. (Eastern). Key executives, including President David Hutchens, will discuss the results. Interested parties can join via a dedicated phone line. An archived audio webcast will be available on the company's website. Additionally, the Annual Meeting of Shareholders is set for May 6, 2021, at 9:00 a.m. (Eastern). Fortis reported a 2020 revenue of $8.9 billion and total assets of $55 billion as of December 31, 2020, serving customers in multiple regions.

Fortis Inc. (TSX/NYSE: FTS) will announce its first quarter 2021 financial results on May 5, 2021, at 8:30 a.m. (Eastern). The teleconference will feature CEO David Hutchens and CFO Jocelyn Perry discussing the results. Participants can join via phone or view the live webcast on the Fortis website. Additionally, the Annual Meeting of Shareholders will occur online on May 6, 2021, at 9:00 a.m. (Eastern). Fortis reported revenues of $8.9 billion and total assets of $55 billion as of December 31, 2020, serving customers across North America and the Caribbean.

Fortis Inc. (TSX/NYSE: FTS) has filed its audited Consolidated Financial Statements and Management Discussion for the year ending December 31, 2020. The Corporation reported revenue of $8.9 billion and total assets of approximately $55 billion as of year-end. These filings are available on SEDAR and SEC. Fortis serves utility customers across five Canadian provinces, nine U.S. states, and three Caribbean countries, with a workforce of 9,000 employees.

Fortis Inc. (FTS) reported its 2020 financial results with net earnings of $1,209 million ($2.60 per share), down from $1,655 million in 2019. Adjusted net earnings increased to $1,195 million ($2.57 per share) amid an 8.2% rise in rate base and higher retail sales in Arizona. Capital expenditures reached a record $4.2 billion, and a new emissions reduction target of 75% by 2035 was established. Despite COVID-19 challenges, the company anticipates continued growth, projecting a rate base increase to $36.4 billion by 2023, supporting earnings and dividend growth of around 6% annually through 2025.