Fortis Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/06 18:58- Fortis unveiled a CAD 32.2 billion capital plan for 2027-2031, up CAD 3.4 billion, primarily driven by transmission and LNG investments.
- CEO David Gerard Hutchens and CFO Jocelyn H. Perry attended the November 3, 2026, third-quarter earnings and capital outlook call.
- The plan targets 7.5% annual compound rate base growth, up 50 basis points from the previous outlook.
- Directors raised the quarterly dividend 4% to CAD 0.665 per share; annual dividend growth guidance of 4%-6% extends through 2031.
- Management expects approximately CAD 250 million of ATM equity issuance over the next 12 months, subject to market conditions.
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