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Fortis Inc. Cumulative Redeemable 5-Year Fixed Rate Reset 1st Preference Series G (FTS.PR.G)
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Q: Can I have your opinion fortes preferred rate reset for registered account something for income RIFF ACCOUNT

Asked by parmjit on October 10, 2023

5i Research Answer:

We like FTS common shares, and the preferreds rank higher. We would be very comfortable holding these for secure income. They are of course rate-sensitive, and investors need to understand with resets dividends can change, but for the sector we would consider them very high quality.

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