Fortis

FTS

Market cap $26.2B

FTS benefits from transmission expansion, grid modernization and rising data center demand, with steady earnings growth and a 3.54% dividend yield.

Dividend Kings underperformed SPY in 2025, up 4.47% vs. SPY's 17.7%, but select Kings outperformed the index. Twenty-two Dividend Kings are identified as both potentially undervalued and offering long-term expected annualized returns of at least 10%. Dividend growth for the Kings remains subdued at 5.81% for 2025, trailing the 2024 rate of 6.32%.

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.

Given the inflationary forces at play in recent decades, achieving a seven-digit portfolio isn't what it once used to be.

Investors with an interest in Utility - Electric Power stocks have likely encountered both Portland General Electric (POR) and Fortis (FTS). But which of these two stocks is more attractive to value investors?

Certain dividend stocks are worth holding no matter what your portfolio looks like.

Fortis Inc. (FTS:CA) unveils a $28.8B, 5-year capital plan targeting 7% annualized rate base growth and continued low-risk project execution. FTS maintains its 52-year dividend growth streak, announcing a 4% increase and targeting 4-6% annual dividend growth through 2030. Recent results highlight stable earnings, strong U.S. operations, and a resilient regulatory profile, supporting Fortis' premium valuation among peers.

Fortis Inc. ( FTS:CA ) Q3 2025 Earnings Call November 4, 2025 8:30 AM EST Company Participants Stephanie Amaimo - Vice President of Investor Relations David Hutchens - President, CEO & Director Jocelyn Perry - Executive VP & CFO Linda Blair - CEO & Director Susan Gray - CEO, President, COO & Director Conference Call Participants Maurice Choy - RBC Capital Markets, Research Division Robert Hope - Scotiabank Global Banking and Markets, Research Division Benjamin Pham - BMO Capital Markets Equity Research Mark Jarvi - CIBC Capital Markets, Research Division John Mould - TD Cowen, Research Division Patrick Kenny - National Bank Financial, Inc., Research Division Presentation Operator Thank you for standing by. This is Betsy, the conference operator.

Fortis (FTS) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.62 per share a year ago.

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.