Fortis Inc
FTS.TO (TSX)
Fortis Inc. stands out as a leading Canadian utility, recognized for its stable regulated operations in electricity and gas distribution. With its shares traded on both the TSX and NYSE under the symbol FTS, it offers a reliable dividend yield of 3.44% and impressive returns of 16.99% over the past year and 41.49% over the past five years. Analysts maintain a cautious stance with a B- rating, highlighting its consistent performance in the Solactive Canada Utilities Index for February 2026.
Pros:
- Stable dividend payments
- Strong historical performance
Cons:
- Moderate yield compared to peers
- Regulatory risks in utility sector
Fortis Inc (FTS.TO) may be suitable for conservative investors seeking income through dividends and stability, given its solid track record in regulated utility operations and a reliable dividend yield of 3.44%. However, potential investors should consider the cautious analyst rating and ensure this aligns with their overall investment strategy.