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Fortis Inc. Announces Second Quarter Dividends – 2025
Newsfilter· 2025-02-13 23:33
Core Points - Fortis Inc. has declared dividends payable on June 1, 2025, to shareholders of record as of May 16, 2025 [2] - The common share dividend and preference share dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes [2] - Fortis reported 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024 [3] Dividend Details - The declared dividends include $0.3063 per share on First Preference Shares, Series "F" [5] - Other preference share dividends include $0.3826875 on Series "G", $0.11469 on Series "H", $0.278016 on Series "I", $0.2969 on Series "J", $0.3418125 on Series "K", $0.3433125 on Series "M", and $0.615 on Common Shares [5] Company Overview - Fortis is a leader in the North American regulated electric and gas utility industry, serving utility customers in five Canadian provinces, ten U.S. states, and three Caribbean countries [3] - The company employs approximately 9,600 individuals [3] - Fortis shares are traded on the TSX and NYSE under the symbol FTS [3]
Fortis (FTS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-07 16:00
Wall Street expects a year-over-year increase in earnings on lower revenues when Fortis (FTS) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2025, might help the stock move higher if these key numbers are better than expect ...
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Newsfilter· 2025-02-06 21:35
ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS) will release its 2024 financial results on Friday, February 14, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2024 annual financial results. Shareholders, analysts, members of the medi ...
Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Globenewswire· 2025-02-06 21:35
ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2024 annual financial results. Shareholders, analysts, members of the med ...
All It Takes Is $3,000 Invested in Each of These 3 Ultra-Reliable Dividend King Stocks to Help Generate Over $300 in Passive Income in 2025
The Motley Fool· 2025-02-04 11:45
Dividends can be a great way to generate income from stocks, no matter what the market is doing. But only if the companies paying the dividends are reliable. That's why Dividend Kings -- or companies that have paid and raised their dividends for at least 50 years -- are so elite.Raising a dividend even during economic downturns or specific company challenges indicates that a business is financially stable and is growing its earnings over time.Coca-Cola (KO), Kenvue (KVUE), and Fortis (FTS) are three Dividen ...
Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results
Globenewswire· 2025-01-17 21:35
ST. JOHN'S, Newfoundland and Labrador, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2024 annual financial results. Shareholders, analysts, members of the med ...
Fortis Inc. Announces Changes to Its Board of Directors
Globenewswire· 2024-12-23 21:35
ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced changes to its Board of Directors. The Board has accepted Ms. Lisa Crutchfield’s resignation as a director of the Corporation effective December 31, 2024, and ...
Behind The Billions: Fortis' Ambitious Vision For 2029
Seeking Alpha· 2024-12-05 00:23
You might not hear much about utilities unless your power goes out. But I've been watching Fortis Inc. (NYSE: FTS ), (TSX: FTS:CA ), and I think there's more to this story than just keeping the lights on.Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and ...
Fortis Inc. Announces First Quarter Dividends – 2025
GlobeNewswire News Room· 2024-12-04 19:00
Core Points - Fortis Inc. has declared dividends for various preference shares and common shares, payable on March 1, 2025, to shareholders of record as of February 18, 2025 [2] - The declared dividends include $0.3063 per share for Series "F", $0.3826875 for Series "G", $0.11469 for Series "H", $0.313952 for Series "I", $0.2969 for Series "J", $0.3418125 for Series "K", $0.3433125 for Series "M", and $0.615 for Common Shares [2] - The dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes [3] Company Overview - Fortis is a leading diversified company in the North American regulated electric and gas utility industry, with 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024 [4] - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [4] - Fortis shares are listed on both the TSX and NYSE under the symbol FTS [4]
Anima Research receives investment from BNP Paribas Fortis Private Equity to support expansion of its industry-leading clinical trials business in Europe
GlobeNewswire News Room· 2024-12-03 06:00
Alken, Belgium – 3 December 2024: Anima Research (“Anima”), a leading European clinical trials center, today announces that it has received investment from BNP Paribas Fortis Private Equity, which will provide support for the Company as it expands its clinical trial operations in Europe. Anima is one of the most successful clinical trials centers in Europe, working across a range of therapeutic areas and significantly outperforming the industry average for patient recruitment and retention. Data show that ...