Fortis (FTS) Stock

ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This announcement serves as a "Designated News Release" that is included by reference in the prospectus supplement from December 9, 2024, related to Fortis' short form base shelf prospectus dated the same day.

On December 18, 2024, in St. John's, Newfoundland and Labrador, Fortis Inc. (TSX/NYSE: FTS), a prominent player in the North American electric and gas utility sector, celebrated the building of the Wataynikaneyap Power transmission system. This event took place in Thunder Bay and included Fortis and its 24 First Nations partners.

ST. JOHN'S, Newfoundland and Labrador, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has announced that it will continue its at-the-market equity program (the "ATM Program"). This program allows the Corporation to issue up to C$500,000,000 (or its equivalent in U.S. dollars) of common shares (the "Common Shares") to the public as needed. Any shares sold through the ATM Program will be traded on the Toronto Stock Exchange (the "TSX"), the New York Stock Exchange (the "NYSE"), or other markets at the current market price.

Fortis Inc. is a leading utility company in Canada that is investing CA$26 billion in clean energy and concentrating on regulated assets. Their recent financial results indicate an increase in revenue and net earnings, mainly due to expanding rates and new customer rates, especially in the U.S. Additionally, Fortis has a solid track record of raising dividends for 51 years in a row and aims for a 4-6% annual growth until 2029.

This news release is a "Designated News Release" that is included by reference in the prospectus supplement from September 19, 2023, related to Fortis' short form base shelf prospectus dated November 21, 2022.

Alken, Belgium – 3 December 2024: Anima Research, a top clinical trials center in Europe, has announced that it has secured funding from BNP Paribas Fortis Private Equity. This investment will help Anima grow its clinical trial activities across Europe.

Fortis, Inc. (NYSE:FTS) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 8:30 AM ET. The call will feature several company leaders, including Stephanie Amaimo, David Hutchens, and others from Fortis and its subsidiaries. Participants from various financial institutions will also join the call.

Dividend Aristocrats are a diverse group of stocks from various industries, but they all share one key feature: their management teams have increased their dividend payments every year for over 25 years.

Fortis (FTS) reported quarterly earnings of $0.62 per share, which is higher than the Zacks Consensus Estimate of $0.59 per share. This is slightly lower than the earnings of $0.63 per share from the same period last year.