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Why Long-term Dividend Investors Should Consider Fortis Today


(MENAFN - Baystreet.ca) On the TSX, I think Fortis Inc. (TSX:FTS)(NYSE:FTS) remains one of the top companies every income-oriented investor ought to consider today. Fortis has one of the safest dividend yields in Canada, and provides investors with an extremely stable and growing income profile its peers may have difficulty replicating over the long-term.Fortis business model is focused on providing regulated power distributions to households in North America. Its cash flows are thus extremely stable, and continue to grow at a meaningful clip over time. Until Fortis customers turn off the lights and stop heating their homes, Fortis will continue to churn out impressive cash flows over time. ....

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