Since 1926, dividends have made up about 32% of the total return for the S&P 500, while capital gains have accounted for 68%.
Fortis (FTS) reported quarterly earnings of $0.59 per share, which is higher than the Zacks Consensus Estimate of $0.57 per share. This is an increase compared to earnings of $0.53 per share from the same period last year.
This news release is 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.
This news release is considered a "Designated News Release" and is included by reference in the prospectus supplement.
Fortis, Inc. (NYSE:FTS) will hold its Q4 2024 Earnings Conference Call on February 14, 2025, at 8:30 AM ET. The call will feature company leaders including Stephanie Amaimo, David Hutchens, and Jocelyn Perry, along with executives from ITC Holdings Corp. and FortisBC. Various analysts from financial institutions will also participate in the call.
This news release is 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.
Fortis (FTS) lacks the necessary elements that could lead to a strong earnings report in its next announcement. Be ready for the main expectations.
ST. JOHN'S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) is set to announce its financial results for 2024 on Friday, February 14, 2025. On that day, a teleconference and webcast will take place at 8:30 a.m. (Eastern). David Hutchens, the President and CEO, along with Jocelyn Perry, the Executive Vice President and CFO, will present the Corporation's annual financial results for 2024.
Fortis (FTS) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
Coca-Cola (NYSE: KO), Kenvue (NYSE: KVUE), and Fortis (NYSE: FTS) are three Dividend Kings that offer yields of 3% or higher. If you invest $3,000 in each of these stocks, you could earn $327 in annual passive income based on their current dividends, and this income is likely to increase as the companies raise their payouts. According to Daniel Foelber, Coca-Cola's underperformance compared to the overall market makes it a more attractive long-term investment for those willing to wait.