Today: 21 May 2026
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NASDAQ:ICE 24 January 2026 - 6 March 2026

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  • Fortis: A Top Canadian Dividend Stock to Buy on a Pullback
    May 21, 2026, 12:59 PM EDT. Fortis (TSX:FTS) is recommended as a resilient Canadian dividend stock amid inflation and recession concerns. The utility company has raised dividends for 52 consecutive years and plans 4-6% annual increases through 2030. Fortis operates regulated power generation and natural gas utilities, providing stable revenue. Its $29 billion capital program aims to support future growth. Investors can benefit from a 3.3% dividend yield and a 2% discount via its dividend reinvestment plan. Risks include high debt levels financing capital projects and exposure to interest rate fluctuations. Recent rate hikes caused a share price drop but easing rates in 2024 triggered a rebound. Elevated oil prices and inflation could pressure Fortis if central banks hike rates again. Overall, it suits long-term, buy-and-hold dividend investors seeking steady income growth.

Latest articles

Ondas Shares Slip After $196.6M AI Defense Contract

Ondas Shares Slip After $196.6M AI Defense Contract

21 May 2026
Ondas shares dropped 3.5% to $9.04 after closing its $196.6 million all-stock acquisition of Israel-based Omnisys. The deal registered 3.1 million shares for resale, raising concerns about increased stock supply. Ondas reported Q1 revenue of $50.1 million, up from $4.3 million a year earlier, but posted a $42.7 million operating loss.
Social Security Payments May Increase in 2027 After Unexpected Inflation Data

Social Security Payments May Increase in 2027 After Unexpected Inflation Data

21 May 2026
The Senior Citizens League raised its 2027 Social Security cost-of-living adjustment forecast to 3.9%, citing higher inflation. That would add about $81 a month to the average retired worker’s check, but the official figure will be set in October. Rising energy, food, and housing costs are driving the estimate. The adjustment would affect over 75 million Social Security and SSI recipients.
AvalonBay, Equity Residential announce $69 billion merger

AvalonBay, Equity Residential announce $69 billion merger

21 May 2026
AvalonBay Communities and Equity Residential agreed to merge in an all-stock deal, creating a U.S. rental-housing company valued at about $69 billion with over 180,000 apartments. AvalonBay shareholders will own 51.2% of the combined firm, which will be led by AvalonBay CEO Benjamin Schall. The companies expect $125 million in net synergies and plan to close the deal in the second half of 2026.
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