Earn predictable income with Fortis

FORTIS INC. $60 is a buy. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 472.9 million; Market cap: $28.4 billion; Price-to-sales ratio: 2.9; Dividend yield 3.6%; TSINetwork Rating: Average; www.fortisinc.com) is the main supplier of electrical power in Newfoundland and PEI. Fortis also… Read More

Projects will fuel hikes up to 2026

FORTIS INC. $58 is a buy. The company (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 474.9 million; Market cap: $27.5 billion; Dividend yield 3.7%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI. It also owns electrical utilities in other parts of… Read More

This past top pick is still a solid buy

FORTIS INC. $59 is a buy. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 472.9 million; Market cap: $27.9 billion; Price-to-sales ratio: 3.0; Dividend yield 3.6%; TSINetwork Rating: Average; www.fortisinc.com) is the main supplier of electrical power in Newfoundland and PEI. Fortis also… Read More

Top-quality telecoms represent good value

The traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations than other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.
Infrastructure type companies such as telecommunications, pipelines,… Read More

New assets will fuel Fortis

FORTIS INC. $57 is your #1 Income Buy for 2021. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 472.9 million; Market cap: $27.0 billion; Price-to-sales ratio: 2.9; Dividend yield 3.8%; TSINetwork Rating: Average; www.fortisinc.com) is the main supplier of electrical power in Newfoundland… Read More

Tap 48 years of rising dividends

FORTIS INC. $56 is your #1 Income Buy for 2021. The company (Toronto symbol FTS; Conservative & Income Portfolios, Utilities sector; Shares outstanding: 471.2 million; Market cap: $26.4 billion; Price-to-sales ratio: 2.9; Dividend yield 3.8%; TSINetwork Rating: Average; www.fortisinc.com) has raised its dividend each year for the past… Read More

These four utilities still top bonds

Although it looks like interest rates will start moving up again in 2022, we continue to prefer high-quality utility stocks over holding bonds.
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest… Read More