Fortis reports Q4 adjusted EPS C$0.72 vs. C$0.72 last year

“We delivered another year of strong financial results reflecting the execution of our regulated growth strategy,” said David Hutchens, President and CEO, Fortis. “Rate base growth and the conclusion of key regulatory proceedings supported year over year earnings growth. We invested $4.3 billion of capital to enhance reliability, modernize the grid and deliver cleaner energy for customers while further reducing our carbon footprint.” “Last year Fortis was proud to celebrate 50 consecutive years of increases in dividends paid to shareholders,” said Hutchens. “We remain focused on extending this track record as we execute our $25 billion five-year capital plan in support of our annual dividend growth guidance of 4-6% through 2028.”