Fortis Inc. Declares Upcoming Dividends
Fortis Inc. (TSX/NYSE: FTS), a prominent player in the North American regulated electric and gas utility sector, has made a significant announcement regarding its dividends. The Board of Directors declared dividends that are set to be payable on March 1, 2026. Eligible shareholders can look forward to these dividends by ensuring they are on the record by February 17, 2026.
Details of the Dividend Declaration
Shareholders will receive varying amounts based on the series of their preference shares. The announced dividends include:
- $0.3063 for First Preference Shares, Series "F"
- $0.3826875 for First Preference Shares, Series "G"
- $0.26144 for First Preference Shares, Series "H"
- $0.232890 for First Preference Shares, Series "I"
- $0.2969 for First Preference Shares, Series "J"
- $0.3418125 for First Preference Shares, Series "K"
- $0.3433125 for First Preference Shares, Series "M"
- $0.64 for Common Shares
All these amounts are expressed in Canadian dollars. This news illustrates Fortis' ongoing commitment to providing value to its shareholders while maintaining robust operational performance.
Fortis: A Leader in Utility Services
Fortis has established itself as a diversified leader in the utility industry, boasting a substantial revenue of $12 billion and total assets reaching $75 billion as of late September 2025. The impressive workforce of 9,600 employees caters to utility customers across five provinces in Canada, ten states in the United States, and in the Caribbean.
Commitment to Shareholders
Furthermore, the dividends declared are designated as eligible dividends for federal and provincial tax credit purposes. This means that shareholders can benefit from advantageous tax treatments, making their investment in Fortis even more appealing.
Continuing Growth and Stability
Fortis Inc. continues to showcase resilience and growth in a competitive sector. Its ongoing expansion plans, along with dividend stability, reflect its dedication to sustaining long-term viability and shareholder return. With the dividends set to be paid in 2026, investors can see Fortis as a trustworthy option for stable income in their portfolios.
Frequently Asked Questions
What are the declared dividend amounts for Fortis shares?
The declared dividends include several amounts depending on the share series, including $0.64 for common shares and varying amounts for preference shares.
When will the dividends be payable?
The dividends are set to be payable on March 1, 2026, with shareholders needing to be on record by February 17, 2026.
Is Fortis Inc. a reliable investment?
Yes, Fortis Inc. is known for its ongoing commitment to shareholders, robust revenue growth, and a solid asset base, making it a reliable investment option.
How does Fortis support its investments?
Fortis supports investments through strategic management, expansion in utility services, and ensuring dividends are eligible for tax credits.
Where can I find more information about Fortis?
For more information about Fortis Inc., you can visit their official website or access their latest investor relations updates.
