The Board of Fortis Inc (TSE:FTS) declares dividend increase. The common share dividend declared of $0.615 per share represents an approximate 4.2% increase in the quarterly dividend, marking 51 consecutive years of increased dividends.
Fortis expects its long-term growth in rate base will drive earnings that support annual dividend growth. The Corporation’s annual dividend growth guidance of 4-6% has been extended one year through 2029
No comments:
Post a Comment