October 12, 2018

Recent Buy - Fortis Inc. (Utilities)

On October 12 I opened a position in Fortis Inc. I Purchased 105 shares for 40,99 C$ per share plus commission. The total cost of the purchase was 2 878 €.


Fortis Inc. is a Dividend Aristocrat that has raised the dividend for 44 consecutive years. With current 4,14 % yield it increases my annual passive income by 118,5 €. After the purchase the weight of the Fortis Inc. is 4,5 % in my portfolio.

Fortis Inc. is a new stock in my portfolio and I finally have something from Utilities sector.

2 comments:

  1. Moi DD, congratulations, I think good buy, I also added a bit Fortis to my portfolio on Friday. Hopefully next week Fortis will be announce about 6% increase in dividends.

    Terveisin,
    DH

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    Replies
    1. Hi DH,

      Didn't even notice it's time to increase the dividend again, thanks for the info! The current yield already looks pretty tempting and another increase is a nice bonus.

      DD

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