Tuesday, August 14, 2018

Recent Buy - Fortis Inc. (FTS.TO)

On Monday August 13, I bought 25 shares of Fortis Inc. at CA$ 42.19 per share plus commission.

My overall cost basis of this position increases from CA$ 41.85 to CA$ 41.97 per share. I totally hold now 100 shares of FTS and my yield on cost is 4.05%. You can look at my first purchase of FTS here.

Details of my purchase:

With current quarterly dividend (CA$ 0.425), my last purchase 25 shares of FTS increases € 21.21 (CA$ 31.66) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 13,420.00. After this acquisition, FTS's weight of my portfolio is about 0.64% and its share of future annual dividend income is approximately 0.63%. My purpose is slowly to continue to build up FTS's share of my portfolio.

Click here to see my portfolio.

Full Disclosure: Long FTS

Thanks for stopping by!

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