FTS Fortis Inc. — dividend yield, history & ex-dividend dates
Fortis Inc. is a prominent North American utility enterprise, delivering essential electricity and natural gas services across Canada, the United States, and various Caribbean nations. In the realm of electricity, the company supplies power to roughly 438,000 retail consumers in southeastern Arizona and an additional 100,000 retail customers in Arizona's Mohave and Santa Cruz counties. Its total generating capacity in these regions reaches 3,485 megawatts (MW), which includes 53 MW from solar installations and 252 MW from wind facilities. Beyond retail operations, Fortis is also a wholesale electricity vendor to other entities throughout the western United States. The company further possesses 65 MW of power generation from its own gas-fired and hydroelectric plants. Regarding its natural gas operations, Fortis serves approximately 1,065,000 residential, commercial, and industrial clients in British Columbia, Canada. In other Canadian territories, Fortis manages the electricity distribution network for approximately 577,000 customers across southern and central Alberta, and operates four hydroelectric facilities with a combined output of 225 MW. Additionally, it provides operational, maintenance, and management expertise for five other hydroelectric generating stations. The utility also ensures electricity supply to the island portion of Newfoundland and Labrador, featuring an installed generating capacity of 143 MW, and to Prince Edward Island, which has a capacity of 130 MW. Its integrated electric utility services extend to about 68,000 customers in Ontario, approximately 272,000 in Newfoundland and Labrador, around 32,000 on Grand Cayman in the Cayman Islands, and roughly 16,000 on select islands within Turks and Caicos. Internationally, Fortis holds long-term contracts for generation assets in Belize, comprising three hydroelectric plants totaling 51 MW, and owns the Aitken Creek natural gas storage facility. Its extensive infrastructure includes approximately 90,200 circuit kilometers (km) of electricity distribution lines and about 50,500 km of natural gas pipelines. Fortis Inc. was established in 1885 and maintains its corporate headquarters in St. John's, Canada.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
How the Dividend Safety Score is built for FTS
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 48% (TTM to Jun 30, 2026) | 92 | 35% |
| FCF payout ratio | Free cash flow negative (TTM to Jun 30, 2026) | 0 | 5% |
| Net debt / EBITDA | Net debt / EBITDA 6.3x (TTM to Jun 30, 2026) | 35 | 20% |
| Interest coverage | Interest coverage 2.4x (TTM to Jun 30, 2026) | 36 | 10% |
| Dividend record | 37 years of uninterrupted regular payments | 98 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for FTS
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 4.1% (2020–2025) | 66 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 48% (TTM to Jun 30, 2026) | 87 | 20% |
| Earnings per share growth (3 years) | EPS CAGR 6.9% (FY2022–FY2025) | 85 | 15% |
| Revenue growth (3 years) | Revenue CAGR 3.3% (FY2022–FY2025) | 69 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 4.4% (2015–2025) | 68 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.
Key Metrics
Current Yield
3.32%
At the Oct 19, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$1.8520
Declared Jul 29, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
58
As of Oct 19, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$49.81 – $58.84
Closes through Oct 16, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
50.25%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
37
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.59
Price as of Oct 18, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
FTS has raised its annual dividend in 25 separate years since August 1989, which ranks 286 among the 2,435 payers with a comparable record in our dataset. In 1 year the annual total fell by more than a fifth.
Of the 310 companies we track with 25 or more years of increases, 173 — 56 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 278 of 1079 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
FTS's dividend yield rose from 3.19% to 3.32% over the past ~90 days (+0.13 pp). Of that move, -0.02 pp came from changes in the dividend rate and +0.15 pp from the share price ($58.34 on Jul 22, 2026 → $55.76 on Oct 19, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 275 daily observations over the past 13 months (through Oct 16, 2026), FTS's current yield is higher than approximately 40% of them. Our stored price history for FTS covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.4630 Q | Regular | Jul 29, 2026 | Aug 19, 2026 | Aug 19, 2026 | Sep 01, 2026 |
| $0.4654 Q | Regular | Feb 11, 2026 | May 15, 2026 | May 15, 2026 | Jun 01, 2026 |
| $0.4677 Q | Regular | Dec 04, 2025 | Feb 17, 2026 | Feb 17, 2026 | Mar 01, 2026 |
| $0.4562 Q | Regular | Nov 03, 2025 | Nov 17, 2025 | Nov 17, 2025 | Dec 01, 2025 |
| $0.4437 Q | Regular | Jul 31, 2025 | Aug 19, 2025 | Aug 19, 2025 | Sep 01, 2025 |
| $0.4396 Q | Regular | Feb 13, 2025 | May 16, 2025 | May 16, 2025 | Jun 01, 2025 |
| $0.4330 Q | Regular | Dec 04, 2024 | Feb 18, 2025 | Feb 18, 2025 | Mar 01, 2025 |
| $0.4388 Q | Regular | Sep 26, 2024 | Nov 18, 2024 | Nov 18, 2024 | Dec 01, 2024 |
| $0.4328 Q | Regular | Jul 30, 2024 | Aug 20, 2024 | Aug 20, 2024 | Sep 01, 2024 |
| $0.4331 Q | Regular | Feb 08, 2024 | May 16, 2024 | May 17, 2024 | Jun 01, 2024 |
| $0.4381 Q | Regular | Dec 06, 2023 | Feb 15, 2024 | Feb 16, 2024 | Mar 01, 2024 |
| $0.4287 Q | Regular | Sep 19, 2023 | Nov 16, 2023 | Nov 17, 2023 | Dec 01, 2023 |
| $0.4167 Q | Regular | Aug 01, 2023 | Aug 18, 2023 | Aug 21, 2023 | Sep 01, 2023 |
| $0.4190 Q | Regular | Feb 09, 2023 | May 16, 2023 | May 17, 2023 | Jun 01, 2023 |
| $0.4234 Q | Regular | Nov 17, 2022 | Feb 14, 2023 | Feb 15, 2023 | Mar 01, 2023 |
| $0.4116 Q | Regular | Sep 30, 2022 | Nov 16, 2022 | Nov 17, 2022 | Dec 01, 2022 |
| $0.4170 Q | Regular | Jul 27, 2022 | Aug 18, 2022 | Aug 19, 2022 | Sep 01, 2022 |
| $0.4170 Q | Regular | Feb 10, 2022 | May 16, 2022 | May 17, 2022 | Jun 01, 2022 |
| $0.4240 Q | Regular | Nov 18, 2021 | Feb 14, 2022 | Feb 15, 2022 | Mar 01, 2022 |
| $0.4240 Q | Regular | Sep 29, 2021 | Nov 16, 2021 | Nov 17, 2021 | Dec 01, 2021 |
| $0.3950 Q | Regular | Jul 28, 2021 | Aug 18, 2021 | Aug 19, 2021 | Sep 01, 2021 |
| $0.3962 Q | Regular | Feb 11, 2021 | May 14, 2021 | May 17, 2021 | Jun 01, 2021 |
| $0.3980 Q | Regular | Nov 18, 2020 | Feb 12, 2021 | Feb 16, 2021 | Mar 01, 2021 |
| $0.3860 Q | Regular | Sep 24, 2020 | Nov 17, 2020 | Nov 18, 2020 | Dec 01, 2020 |
| $0.3622 Q | Regular | Jul 29, 2020 | Aug 18, 2020 | Aug 19, 2020 | Sep 01, 2020 |
| $0.3387 Q | Regular | Feb 12, 2020 | May 14, 2020 | May 15, 2020 | Jun 01, 2020 |
| $0.3602 Q | Regular | Nov 20, 2019 | Feb 14, 2020 | Feb 18, 2020 | Mar 01, 2020 |
| $0.3614 Q | Regular | Sep 10, 2019 | Nov 18, 2019 | Nov 19, 2019 | Dec 01, 2019 |
| $0.3387 Q | Regular | Jul 31, 2019 | Aug 19, 2019 | Aug 20, 2019 | Sep 01, 2019 |
| $0.3351 Q | Regular | Feb 14, 2019 | May 16, 2019 | May 17, 2019 | Jun 01, 2019 |
| $0.3378 Q | Regular | Nov 28, 2018 | Feb 14, 2019 | Feb 15, 2019 | Mar 01, 2019 |
| $0.3417 Q | Regular | Oct 15, 2018 | Nov 19, 2018 | Nov 20, 2018 | Dec 01, 2018 |
| $0.3251 Q | Regular | Jul 25, 2018 | Aug 20, 2018 | Aug 21, 2018 | Sep 01, 2018 |
| $0.3322 Q | Regular | Feb 14, 2018 | May 17, 2018 | May 18, 2018 | Jun 01, 2018 |
| $0.3385 Q | Regular | Dec 07, 2017 | Feb 14, 2018 | Feb 15, 2018 | Mar 01, 2018 |
| $0.3317 Q | Regular | Oct 15, 2017 | Nov 17, 2017 | Nov 20, 2017 | Dec 01, 2017 |
| $0.3162 Q | Regular | Jul 31, 2017 | Aug 17, 2017 | Aug 21, 2017 | Sep 01, 2017 |
| $0.2942 Q | Regular | Feb 15, 2017 | May 17, 2017 | May 19, 2017 | Jun 01, 2017 |
| $0.3053 Q | Regular | Dec 07, 2016 | Feb 14, 2017 | Feb 16, 2017 | Mar 01, 2017 |
| $0.2959 Q | Regular | Sep 28, 2016 | Nov 16, 2016 | Nov 18, 2016 | Dec 01, 2016 |
| $0.2910 Q | Regular | Jul 28, 2016 | Aug 17, 2016 | Aug 19, 2016 | Sep 01, 2016 |
| $0.2910 Q | Regular | Feb 17, 2016 | May 16, 2016 | May 18, 2016 | Jun 01, 2016 |
| $0.2697 Q | Regular | Dec 17, 2015 | Feb 12, 2016 | Feb 17, 2016 | Mar 01, 2016 |
| $0.2810 Q | Regular | Sep 29, 2015 | Nov 16, 2015 | Nov 18, 2015 | Dec 01, 2015 |
| $0.2600 Q | Regular | May 06, 2015 | Aug 17, 2015 | Aug 19, 2015 | Sep 01, 2015 |
| $0.3400 Q | Regular | Feb 18, 2015 | May 14, 2015 | May 19, 2015 | Jun 01, 2015 |
| $0.2719 Q | Regular | Dec 17, 2014 | Feb 12, 2015 | Feb 17, 2015 | Mar 01, 2015 |
| $0.3200 Q | Regular | Aug 14, 2014 | Oct 22, 2014 | Oct 24, 2014 | Dec 01, 2014 |
| $0.3200 Q | Regular | May 13, 2014 | Aug 13, 2014 | Aug 15, 2014 | Sep 01, 2014 |
| $0.3200 Q | Regular | Mar 13, 2014 | May 14, 2014 | May 16, 2014 | Jun 01, 2014 |
| $0.3200 Q | Regular | Dec 09, 2013 | Feb 12, 2014 | Feb 14, 2014 | Mar 01, 2014 |
| $0.3100 Q | Regular | Sep 23, 2013 | Nov 13, 2013 | Nov 15, 2013 | Dec 01, 2013 |
| $0.3100 Q | Regular | May 08, 2013 | Aug 14, 2013 | Aug 16, 2013 | Sep 01, 2013 |
| $0.3100 Q | Regular | Mar 20, 2013 | May 15, 2013 | May 17, 2013 | Jun 01, 2013 |
| $0.3100 A | Regular | Dec 11, 2012 | Feb 12, 2013 | Feb 14, 2013 | Mar 01, 2013 |
| $0.2991 Q | Regular | N/A | Nov 14, 2012 | Nov 16, 2012 | Dec 01, 2012 |
| $0.3033 Q | Regular | N/A | Aug 15, 2012 | Aug 17, 2012 | Sep 01, 2012 |
| $0.2991 Q | Regular | N/A | May 15, 2012 | May 17, 2012 | Jun 01, 2012 |
| $0.3000 A | Regular | N/A | Feb 13, 2012 | Feb 15, 2012 | Mar 01, 2012 |
| $0.2900 S | Regular | N/A | Nov 09, 2011 | Nov 14, 2011 | Dec 01, 2011 |
| $0.2926 Q | Regular | N/A | Aug 10, 2011 | Aug 12, 2011 | Sep 01, 2011 |
| $0.2900 S | Regular | N/A | May 11, 2011 | May 13, 2011 | Jun 01, 2011 |
| $0.2900 Q | Regular | N/A | Feb 09, 2011 | Feb 11, 2011 | Mar 01, 2011 |
| $0.2800 Q | Regular | N/A | Nov 09, 2010 | Nov 12, 2010 | Dec 01, 2010 |
| $0.2800 Q | Regular | N/A | Aug 04, 2010 | Aug 06, 2010 | Sep 01, 2010 |
| $0.2800 Q | Regular | N/A | May 05, 2010 | May 07, 2010 | Jun 01, 2010 |
| $0.2800 Q | Regular | N/A | Feb 03, 2010 | Feb 05, 2010 | Mar 01, 2010 |
| $0.2446 Q | Regular | N/A | Nov 04, 2009 | Nov 06, 2009 | Dec 01, 2009 |
| $0.2425 Q | Regular | N/A | Aug 05, 2009 | Aug 07, 2009 | Sep 01, 2009 |
| $0.2211 Q | Regular | N/A | May 06, 2009 | May 08, 2009 | Jun 01, 2009 |
| $0.2112 Q | Regular | N/A | Feb 04, 2009 | Feb 06, 2009 | Mar 01, 2009 |
| $0.2140 Q | Regular | N/A | Nov 05, 2008 | Nov 07, 2008 | Dec 01, 2008 |
| $0.2386 Q | Regular | N/A | Aug 06, 2008 | Aug 08, 2008 | Sep 01, 2008 |
| $0.2479 Q | Regular | N/A | May 07, 2008 | May 09, 2008 | Jun 01, 2008 |
| $0.2482 Q | Regular | N/A | Feb 06, 2008 | Feb 08, 2008 | Mar 01, 2008 |
| $0.2249 Q | Regular | N/A | Nov 07, 2007 | Nov 09, 2007 | Dec 01, 2007 |
| $0.2002 Q | Regular | N/A | Aug 08, 2007 | Aug 10, 2007 | Sep 01, 2007 |
| $0.1894 Q | Regular | N/A | May 02, 2007 | May 04, 2007 | Jun 01, 2007 |
| $0.1611 Q | Regular | N/A | Jan 31, 2007 | Feb 02, 2007 | Mar 01, 2007 |
| $0.1682 Q | Regular | N/A | Nov 01, 2006 | Nov 03, 2006 | Dec 01, 2006 |
| $0.1418 Q | Regular | N/A | Aug 02, 2006 | Aug 04, 2006 | Sep 01, 2006 |
| $0.1447 Q | Regular | N/A | May 03, 2006 | May 05, 2006 | Jun 01, 2006 |
| $0.1403 Q | Regular | N/A | Feb 01, 2006 | Feb 03, 2006 | Mar 01, 2006 |
| $0.1358 Q | Regular | N/A | Nov 02, 2005 | Nov 04, 2005 | Dec 01, 2005 |
| $0.4692 Q | Regular | N/A | Aug 03, 2005 | Aug 05, 2005 | Sep 01, 2005 |
| $0.4561 Q | Regular | N/A | May 04, 2005 | May 06, 2005 | Jun 01, 2005 |
| $0.4614 Q | Regular | N/A | Feb 02, 2005 | Feb 04, 2005 | Mar 01, 2005 |
| $0.4412 Q | Regular | N/A | Nov 03, 2004 | Nov 05, 2004 | Dec 01, 2004 |
| $0.4101 Q | Regular | N/A | Aug 04, 2004 | Aug 06, 2004 | Sep 01, 2004 |
| $0.3946 Q | Regular | N/A | May 05, 2004 | May 07, 2004 | Jun 01, 2004 |
| $0.4038 Q | Regular | N/A | Feb 04, 2004 | Feb 06, 2004 | Mar 01, 2004 |
| $0.3914 Q | Regular | N/A | Nov 05, 2003 | Nov 07, 2003 | Dec 01, 2003 |
| $0.3715 Q | Regular | N/A | Aug 06, 2003 | Aug 08, 2003 | Sep 01, 2003 |
| $0.3736 Q | Regular | N/A | May 07, 2003 | May 09, 2003 | Jun 01, 2003 |
| $0.3434 Q | Regular | N/A | Feb 05, 2003 | Feb 07, 2003 | Mar 01, 2003 |
| $0.3148 Q | Regular | N/A | Nov 06, 2002 | Nov 08, 2002 | Dec 01, 2002 |
| $0.3094 Q | Regular | N/A | Aug 07, 2002 | Aug 09, 2002 | Sep 01, 2002 |
| $0.3127 Q | Regular | N/A | May 01, 2002 | May 03, 2002 | Jun 01, 2002 |
| $0.2943 Q | Regular | N/A | Feb 06, 2002 | Feb 08, 2002 | Mar 01, 2002 |
| $0.2953 Q | Regular | N/A | Nov 07, 2001 | Nov 09, 2001 | Dec 01, 2001 |
| $0.3063 Q | Regular | N/A | Aug 08, 2001 | Aug 10, 2001 | Sep 01, 2001 |
| $0.3067 Q | Regular | N/A | May 02, 2001 | May 04, 2001 | Jun 01, 2001 |
| $0.3061 Q | Regular | N/A | Jan 31, 2001 | Feb 02, 2001 | Mar 01, 2001 |
| $0.3022 Q | Regular | N/A | Nov 01, 2000 | Nov 03, 2000 | Dec 01, 2000 |
| $0.3093 Q | Regular | N/A | Aug 02, 2000 | Aug 04, 2000 | Sep 01, 2000 |
| $0.3099 Q | Regular | N/A | May 03, 2000 | May 05, 2000 | Jun 01, 2000 |
| $0.3180 Q | Regular | N/A | Feb 02, 2000 | Feb 04, 2000 | Mar 01, 2000 |
| $0.3133 Q | Regular | N/A | Nov 03, 1999 | Nov 05, 1999 | Dec 01, 1999 |
| $0.3015 Q | Regular | N/A | Aug 04, 1999 | Aug 06, 1999 | Sep 01, 1999 |
| $0.3093 Q | Regular | N/A | May 05, 1999 | May 07, 1999 | Jun 01, 1999 |
| $0.2976 Q | Regular | N/A | Feb 03, 1999 | Feb 05, 1999 | Mar 01, 1999 |
| $0.2957 Q | Regular | N/A | Nov 04, 1998 | Nov 06, 1998 | Dec 01, 1998 |
| $0.2970 Q | Regular | N/A | Aug 05, 1998 | Aug 07, 1998 | Sep 01, 1998 |
| $0.3127 Q | Regular | N/A | May 06, 1998 | May 08, 1998 | Jun 01, 1998 |
| $0.3112 Q | Regular | N/A | Feb 04, 1998 | Feb 06, 1998 | Mar 01, 1998 |
| $0.3144 Q | Regular | N/A | Nov 05, 1997 | Nov 07, 1997 | Dec 01, 1997 |
| $0.3179 Q | Regular | N/A | Aug 06, 1997 | Aug 08, 1997 | Sep 01, 1997 |
| $0.3186 Q | Regular | N/A | May 07, 1997 | May 09, 1997 | Jun 01, 1997 |
| $0.3246 Q | Regular | N/A | Feb 12, 1997 | Feb 14, 1997 | Mar 01, 1997 |
| $0.3225 Q | Regular | N/A | Nov 13, 1996 | Nov 15, 1996 | Dec 01, 1996 |
Peer Comparison
Selected Regulated Electric dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| EIX | Edison International | 6.28% | 5.2% | 20 yrs | 80 |
| NEE | NextEra Energy, Inc. | 3.12% | 10.1% | 30 yrs | 80 |
| PEG | Public Service Enterprise Group Incorporated | 3.75% | 5.2% | 14 yrs | 77 |
| AEE | Ameren Corporation | 2.83% | 7.3% | 12 yrs | 70 |
Related Guides & Lists
FTS dividend — frequently asked questions
Does Fortis Inc. pay a dividend?
Yes. Fortis Inc. (FTS) currently pays a dividend. The annualized dividend is about $1.85 per share, a yield of approximately 3.32%.
What is Fortis Inc.'s dividend yield?
Fortis Inc.'s dividend yield is approximately 3.32%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Fortis Inc. pay dividends?
Fortis Inc. pays dividends quarterly — 4 times per year.
How long has Fortis Inc. paid dividends?
Fortis Inc. has 37 years of dividend payments on record.
Data updated Oct 19, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.