Monday, October 15, 2018

Recent Buy - Fortis Inc. (FTS.TO)

On Friday October 12, I bought 40 shares of Fortis Inc. at CA$ 40.95 per share plus commission.

My overall cost basis of this position decreases from CA$ 41.97 to CA$ 41.71 per share. I totally hold now 140 shares of FTS and my yield on cost is 4.08%. You can look at my first purchase of FTS here.

Details of my purchase:

With current quarterly dividend (CA$ 0.425), my last purchase 40 shares of FTS increases € 21.21 (CA$ 50.66) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 13,530.00. After this acquisition, FTS's weight of my portfolio is about 0.91% and its share of future annual dividend income is approximately 0.87%. 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!


  1. And they just increased their dividend to boot! Good one!


  2. Hi hawk. First thanks for your blog. Can I ask you why you choose Fortis over Canadian utilities? I see you have both on your portfolio. Im long CU since many years, considered Fortis also many times but never bought. At the moment buying more CU since the yield is irresistible :) Looking forward to hear your motivation. Cheers

    1. Hi, I chose Fortis because now it was its turn, on Monday of the same week I purchased the Canadian Utilities.


  3. Hawk -

    Nice job - adding dividend income consistently! Awesome.