Fortis Expects Its Long-term Growth In Rate Base Will Drive Earnings That Support Dividend Growth Guidance Of 4%-6% Annually Through 2028
Portfolio Pulse from Benzinga Newsdesk
Fortis Inc. expects its long-term growth in rate base to drive earnings that support dividend growth guidance of 4%-6% annually through 2028.
October 27, 2023 | 10:22 am
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Fortis Inc. expects its long-term growth in rate base to drive earnings that support dividend growth guidance of 4%-6% annually through 2028.
The news directly pertains to Fortis Inc. and its future financial performance. The company's expectation of long-term growth in rate base to support dividend growth is a positive signal for investors, which could potentially lead to an increase in the stock price in the short term.
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