“2025 was another year of strong financial and operational performance for Fortis (FTS), reflecting the dedication of our people, the growth of our regulated utilities, and our commitment to long-term value creation,” said David Hutchens, President and CEO, Fortis. “Our focus on reliability and affordability, and the disciplined execution of our capital plan delivered solid results again this year.” “Looking ahead, we recently announced our largest five-year capital plan of $28.8 billion, which will drive long-term rate base growth of 7% and support annual dividend growth of 4-6% through 2030,” added Hutchens. “Our strategy remains clear: deliver safe, reliable and affordable energy today while investing responsibly to support the evolving needs of our customers and communities.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTS:
- FTS Earnings this Week: How Will it Perform?
- Fortis price target raised to $49 from $46 at BofA
- Fortis: Fully Valued with Moderate Growth and Regulatory Risks Prompting Underperform (Sell) Rating Ahead of Q4 2025
- Fortis Sets February 12 Webcast to Present 2025 Annual Results
- Fortis Inc. Adopts Updated Code of Conduct Effective January 1, 2026
