Fortis is an electricity and natural gas distribution utility. It is based in St. John’s and has operations across Canada as well as in the U.S. and Caribbean. Its regulated utilities serve more than three million customers. Fortis also owns long-term contracted hydroelectric generation assets in British Columbia and Belize.
Wealth Builder
Buy for income and modest price appreciation. - Gordon Pape
Current Advice
Buy
Consult your broker/advisor.
Capital Gain/Loss
Recommended List
Canadian Stocks - Primary Core
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Income Investor
The company recently announced a 6.1% dividend increase to $0.4775 per quarter ($1.91 annually), effective with the Dec. 1 payment. This is the 46th consecutive year that Fortis has increased its payout, tying it with Canadian Utilities for the longest run in this country. - Gordon Pape
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
Recommended List
Canadian Stocks (Conservative)
Canadian Stocks (Conservative)
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Mutual Funds / ETFs Update
Current Advice
Consult your broker/advisor
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Recommended
Dave Paterson
Recommended List
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Top Funds
Recommended by David Paterson.
Fund Company:
Style:
Load:
MER: %
Minimum Investment: $
RRSP/RRIF Suitability:
No Rating
Low/Medium
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Interactive Performance Chart
Interactive Performance Chart
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