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Fortis (FTS) Dividend Yield, Date & History

$43.62
+0.02 (+0.05%)
(As of 08/21/2024 ET)

Dividend Summary

Dividend Yield
3.90%
Annual Dividend
$1.70
Annualized 3-Year
Dividend Growth
5.65%
Dividend Payout Ratio
73.28%
Next
Dividend Payment
Sep. 1
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FTS Dividend Yield Over Time

Fortis vs. The Competition

TypeFortisUtilities CompaniesNYSE Companies
Annual Dividend$1.70$4.32$1.39
Dividend Yield3.90%411.26%352.49%
Annualized 3-Year Dividend Growth5.65%1.25%15.61%

Fortis Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings73.28%
Based on This Year's Estimates73.28%
Based on Next Year's Estimates70.83%
Based on Cashflow32.93%

Fortis Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/30/2024Quarterly$0.43104.12%8/20/20248/20/20249/1/2024
2/12/2024quarterly$0.43824.4%5/16/20245/17/20246/1/2024
12/8/2023quarterly$0.43504.2%2/15/20242/16/20243/1/2024
9/19/2023Quarterly$0.43704.27%11/16/202311/17/202312/1/2023
8/1/2023Quarterly$0.42704.11%8/18/20238/21/20239/1/2023
2/9/2023quarterly$0.56504%5/16/20235/17/20236/1/2023
11/17/2022Quarterly$0.56504.16%2/14/20232/15/20233/1/2023
9/30/2022quarterly$0.41164.4%11/16/202211/17/202212/1/2022
7/29/2022quarterly$0.41493.6%8/18/20228/19/20229/1/2022
2/14/2022quarterly$0.42273.8%5/16/20225/17/20226/1/2022
11/19/2021quarterly$0.42483.8%2/14/20222/15/20223/1/2022
9/29/2021Quarterly$0.42403.83%11/16/202111/17/202112/1/2021
7/30/2021quarterly$0.40593.6%8/18/20218/19/20219/1/2021
2/12/2021quarterly$0.39623.9%5/14/20215/17/20216/1/2021
11/18/2020Quarterly$0.37903.73%2/12/20212/16/20213/1/2021
9/24/2020quarterly$0.37963.6%11/17/202011/18/202012/1/2020
7/29/2020Quarterly$0.35303.53%8/18/20208/19/20209/1/2020
2/13/2020quarterly$0.35933.3%5/14/20205/15/20206/1/2020
1/22/2020quarterly$0.36553.3%2/14/20202/18/20203/1/2020
9/11/2019--$0.36313.5%11/18/201911/19/201912/1/2019
7/31/2019Quarterly$0.34403.46%8/19/20198/20/20199/1/2019
2/14/2019Quarterly$0.34303.9%5/16/20195/17/20196/1/2019
11/28/2018Quarterly$0.34203.95%2/14/20192/15/20193/1/2019
10/15/2018Quarterly$0.34904.32%11/19/201811/20/201812/1/2018
7/25/2018Quarterly$0.32404%8/20/20188/21/20189/1/2018
2/15/2018quarterly$0.33794.16%5/17/20185/18/20186/1/2018
12/8/2017quarterly$0.33533.64%2/14/20182/15/20183/1/2018
10/16/2017quarterly$0.33963.68%11/17/201711/20/201712/1/2017
7/28/2017quarterly$0.31973.53%8/17/20178/21/20179/1/2017
2/16/2017quarterly$0.30583.72%5/17/20175/19/20176/1/2017
12/7/2016quarterly$0.30033.94%2/14/20172/16/20173/1/2017
9/28/2016$0.298011/16/201611/18/201612/1/2016
(Data available from 1/1/2013 forward)

Fortis Dividend - Frequently Asked Questions

What is Fortis's dividend yield?

The current dividend yield for Fortis is 3.90%. Learn more on FTS's dividend yield history.

How much is Fortis's annual dividend?

The annual dividend for FTS shares is $1.70. Learn more on FTS's annual dividend history.

How often does Fortis pay dividends?

Fortis pays quarterly dividends to shareholders.

When is Fortis's next dividend payment?

Fortis's next quarterly dividend payment of $0.4310 per share will be made to shareholders on Sunday, September 1, 2024.

When was Fortis's most recent dividend payment?

Fortis's most recent quarterly dividend payment of $0.4382 per share was made to shareholders on Saturday, June 1, 2024.

When was Fortis's most recent ex-dividend date?

Fortis's most recent ex-dividend date was Tuesday, August 20, 2024.

Is Fortis's dividend growing?

Over the past three years, the company's dividend has grown by an average of 5.65% per year.

When did Fortis last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.0072 on Tuesday, July 30, 2024.

What is Fortis's dividend payout ratio?
The dividend payout ratio for FTS is:
  • 73.28% based on the trailing year of earnings
  • 73.28% based on this year's estimates
  • 70.83% based on next year's estimates
  • 32.93% based on cash flow
Is Fortis a good dividend stock?

Fortis' dividend yield of 3.97% is lower than the average Utilities company that issues a dividend. Fortis' dividend payout ratio of 73.28% is at a healthy, sustainable level, below 75% of its earnings.

This page (NYSE:FTS) was last updated on 8/22/2024 by MarketBeat.com Staff

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