07:46:14 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 276,355,858
Close 2015-04-07 C$ 39.23
Market Cap C$ 10,841,440,309
Recent Sedar Documents

Globe says Telus, others hike dividends regularly

2015-04-08 08:46 ET - In the News

See In the News (C-T) Telus Corp (2)

The Globe and Mail is keen on dividend stocks in its Wednesday, April 8, edition. The Globe's John Heinzl writes in the Yield Hog column that dividend growth is the foundation of his investing philosophy. Mr. Heinzl maintains a Strategy Lab model dividend portfolio. Mr. Heinzl buys companies that raise their dividends regularly. He uses the model portfolio's latest performance update to show how the strategy is faring. The model portfolio has been invested in BCE, Bank of Montreal, Canadian Utilities, Enbridge, Fortis, Procter & Gamble, Royal Bank of Canada, Telus, TransCanada and iShares S&P/TSX Capped REIT Index ETF since its inception in September, 2012. The 10 securities are now paying a larger dividend than they were at inception. Enbridge's dividend is 64.6 per cent higher than it was just 2-1/2 years ago. Canadian Utilities' dividend has grown 33.3 per cent, Telus's dividend is up 31.1 per cent and RBC's payment has grown by 28.3 per cent. The rest of the stocks, and the one ETF, have all increased their payments by double digits. Every stock has raised its dividend at least twice, and two (RBC and Telus) have raised their dividends five times.

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