Fortis raises quarterly dividend by 4.2% to C$0.615 per share

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https://www.tipranks.com/news/the-fly/constellation-energy-price-target-raised-to-298-from-278-at-bmo-capital

The company states: “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.”

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