Rank FORTIS INC Preferreds

This compare tool allows you to Rank FORTIS INC Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the FORTIS INC preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

FORTIS INC Brief Overview

Visit the FORTIS INC company website to see the preferred share prospectus, news and other information.

Sector: Utilities, Transmission and distribution.

Core businesses and operations:

  1. Holding company
  2. Operates utility transmission and distribution assets in Canada and the United States,
  3. Serving electricity and gas customers
  4. Hold interests in electricity generation and Caribbean utilities

The latest information and statistics on their common stock FTS, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2021Mar01. Dividend Payment Schedule: 2021MAR01 , 2021JUN01 , 2021SEP01 , 2021DEC01

Ex Dividend Date Schedule: 2021FEB14 , 2021MAY15 , 2021AUG19 , 2021NOV18

 

FORTIS INC Credit Rating

The latest credit rating for FORTIS INC are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
BBB+BBBPfd-3HBaaa3

FORTIS INC Common Share Metrics

Symbol: TSE:FTSCurrency: CADMarket Cap: $23,086,346,036Price: $49.69
P/E: 19.13P/B: 1.27Dividend: $0.48Yield: 3.84%
Beta: -0.0100

FORTIS INC Overall Preferred Share Metrics

I have reviewed the full set of FORTIS INC preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "FORTIS INC". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


Preferred issues: 7Lowest Current Yield: FTS-I @ 2.92%Highest Current Yield: FTS-G @ 5.78%Average Current Yield: 4.57%
5 Year Reset issues: 45YR Reset Lowest Reset Yield: FTS-G @ 3.87%5YR Reset Highest Reset Yield: FTS-H @ 4.15%5YR Reset Average Reset Yield: 3.96%
Lowest Rate Increase Percent: FTS-F @ 0.00%Highest Rate Increase Percent: FTS-I @ 85.00%Average Rate Increase Percent: 36.42%
Market Cap at Market Value: 1,317,692,413Market Cap at Face Value: 1,655,000,000Discount Amount: 337,307,587Discount Percent: 20.38%
Percent of Total Market Cap at Market Value: 1.83%Percent of Total Market Cap at Face Value: 1.96%



 
 

Rank FORTIS INC Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Increase Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Increase To Value.
  6. New Spread increase.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:42
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
FTS-H FTS.PR.H CA3495538264 $13.66$14.13$7.485yr + 1.45%03.36% $0.4588Fortis_Inc._2.50%,_Series_H
FTS-G FTS.PR.G CA3495538348 $19.03$19.19$11.115yr + 2.13%05.78% $1.1000Fortis_Inc._4.393%,_Series_G
FTS-K FTS.PR.K CA3495537845 $18.18$18.58$10.005yr + 2.05%05.40% $0.9823Fortis_Inc._4.00%,_Series_K
FTS-M FTS.PR.M CA3495537688 $21.10$21.19$11.985yr + 2.48%04.67% $0.9864Fortis_Inc._4.10%,_Series_M
FTS-J FTS.PR.J CA3495537928 $24.28$25.00$17.77perpetual @ 4.75%04.90% $1.1900Fortis_Inc._4.75%,_Series_J
FTS-F FTS.PR.F CA3495538678 $24.79$26.51$18.96perpetual @ 4.90%04.96% $1.2300Fortis_Inc._4.90%,_Series_F
FTS-I FTS.PR.I CA3495538181 $13.50$13.69$7.713mth + 1.45%02.92% $0.393M_GoC_T-Bill_Yld_+1.45%
 
 

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Last Updated: Market Data Mar-01 19:23, Model Metrics Mar-01 19:42
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase percentRate Increase to valueNew Spread IncreaseNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
FTS-H FTS.PR.H CA3495538264 $13.66$14.13$7.485yr + 1.45%03.36% $0.458804.15% | $0.567003.51% $0.48 16@cy+4@ry2025jun01082%4.15%045%2.10%20,900Cumulative20.977,665,082Fortis_Inc._2.50%,_Series_H
FTS-G FTS.PR.G CA3495538348 $19.03$19.19$11.115yr + 2.13%05.78% $1.100003.87% | $0.737004.73% $0.90 9@cy+11@ry2023sep01031%3.88%023%2.63%11,681Cumulative12.339,200,000Fortis_Inc._4.393%,_Series_G
canadianpreferredshares.ca - FORTIS INC Preferred Share Ranking

Additional Information

Continue to Rank Fortis Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for Fortis 5 year resets.
  2. Graph of all Fortis preferred share yields
  3. Prospectus Information for each Fortis preferred