Fortis Inc.(FTS)Stock Analysis

Quirks, history, and lore behind FTS — the kind of stuff that makes a stock memorable.

• 1
  The Basics

  A Canadian regulated utility holding company · listed on both NYSE and TSX · headquartered in Newfoundland · serving customers across North America.
• 2
  The Numbers

  Operates roughly $60 billion in assets and serves over 3 million customers across ten regulated utility subsidiaries — almost all revenue is predictable and regulated.
• 3
  The History

  Traces its roots back to the 1980s and has spent decades growing through acquisition, assembling a patchwork of electric and gas utilities from British Columbia to Arizona.
• 4
  The Secret

  It has raised its dividend every single year for nearly five decades straight — making it a darling of income investors who like their returns as reliable as a light switch.
• 5
  The Lore

  One of its key U.S. subsidiaries serves Arizona and New Mexico, while another keeps the lights on in the Caribbean — not your typical Canadian utility footprint.
• 6
  The Giveaway

  Its ticker is three letters that sound like financial strength, its holding company shares its name with a word meaning strong and fortified, and its utility empire stretches from Newfoundland to the Cayman Islands.