$FTS

Fortis (TSX: FTS), Emera (TSX: EMA), and Canadian Utilities (TSX: CU) are Canadian utility stocks set to report earnings. Fortis, with a 3.3% yield and 52-year dividend growth streak, has a strong case for investment before earnings. Emera and Canadian Utilities, with yields of 4.4% and 3.8% respectively, are planning a merger, but investors may prefer to wait for more clarity on the deal.

Emera Inc. (EMA-T) announced a merger with Canadian Utilities Ltd. (CU-T) to create a larger utility company, aiming for growth. However, rising bond yields, which surged above 5.35% this week, are pressuring dividend stocks like Emera, Fortis Inc. (FTS-T), and Hydro One Ltd. (H-T). The utilities sector has declined over 10% since July, reversing a 65% gain from October 2023.

Analysts updated ratings and price targets for several Canadian companies. CIBC lowered targets for AQN, ACO.X, CU, CPX, EMA, FTS, H, TA. TD maintained ratings for ATZ, BB, CF, SHOP. Eldorado Gold (ELD) was upgraded to Buy by BofA and Canaccord raised its target.

Fortis Inc. (TSX/NYSE: FTS) priced a $1 billion offering of junior subordinated notes, due in 2057. The notes are 6.625% and 6.875% fixed-to-fixed rate. The offering is expected to close on September 21, 2026. Proceeds will repay debt and fund corporate purposes. The notes are issued under a prospectus supplement to a base shelf prospectus.

Fortis Inc.'s (FTS) director Rowena Crosbie bought 2,000 shares at $55.265 each. Centerra Gold Inc.'s (CG) exec sold 57,636 shares at $33.50 each, netting over $1.5M. CGI Inc.'s (GIB.A) Canada president sold 10,599 shares at ~$102.85, netting over $419K. Constellation Software Inc.'s (CSU) chairman sold 1,200 shares at $3,203 each, netting over $3.8M.

Fortis (FTS) subsidiary executive Rowena Crosbie bought 2,000 shares indirectly at $55.265 each on August 26, 2026, investing $153,371 and increasing her holdings by over 100%.

Fortis (TSX:FTS), a Canadian utility company, reported Q2 net profit of $396M, up 3% YoY, with EPS at $0.78. The company trades at $75.59, up 6% YTD, with a 3.4% dividend yield. Fortis plans $28.8B in capital investments through 2030, aiming for 4-6% annual dividend growth. The company's stable cash flow and essential services make it a steady dividend stock.

The article highlights three Canadian stocks with a history of dividend growth: Fortis (TSX:FTS) with a 3.26% yield and 52 years of increases, Canadian National Railway (TSX:CNR) with a 2.09% yield and 30 years of growth, and Bank of Nova Scotia (TSX:BNS) with a 3.64% yield and a recent dividend increase.

Simply Wall St reports Fortis (TSX:FTS) released Q2 2026 earnings and confirmed dividends on its common and preferred shares. The stock was about CA$78.24, with 30-day return -4.32%, YTD +9.81%, and 1-year total shareholder return +15.81%. A valuation narrative estimates fair value at CA$81.63 and cites planned grid and renewables investment, while noting regulatory and capital-funding risks.

Fortis (FTS) reported Q2 2026 net earnings of C$396 million, up C$26 million year over year, and EPS of C$0.78. Capital expenditures were C$2.7 billion through June, with a C$5.6 billion 2026 plan. Management reiterated 4% to 6% dividend growth through 2030 and cited Tilbury LNG Phase 1B approval and a 9.75% ROE request in an Arizona rate case.