Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
Fortis Inc. Common Shares (FTS)
Last fortis inc. common shares earnings: 2/13 06:00 am
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US:NYSE Investor Relations:
fortisinc.com/investor-relations/investor-relations
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Source: GlobeNewswire
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2025-2029 outlook1. Highlights 2025-2029 capital plan of $26 billion, $1 billion higher than prior plan; 6.5% average annual rate base growth through 2029Incremental regulated growth driven by transmission investments at ITC and customer growth in AlbertaBeyond the plan ITC also estimates at least US$3 billion in investments for MISO’s LRTP Tranche 2.1; majority expected post-2029Fourth quarter common share dividend increasing by 4.2%, will mark 51 years of consecutive increases in dividends paidAnnual dividend growth guidance of 4-6% exten
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- 11/5/24 - Form 6-K
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- 10/10/24 - Form SC
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