Fortis Declares CAD 0.615 Quarterly Dividend

Fortis has declared a quarterly dividend of CAD 0.615 per share, in line with previous payments. The dividend will be payable on September 1 for shareholders of record on August 19, with an ex-dividend date of August 19.

Title: Fortis Inc. Declares Quarterly Dividend of CAD 0.615 per Share

Fortis Inc. (TSX/NYSE: FTS) has announced its third quarter dividend payments for 2025. The company's Board of Directors has declared dividends payable on September 1, 2025, with a record date of August 19, 2025 [1]. The dividend includes CAD 0.615 per share on Common Shares and various rates for different series of First Preference Shares, ranging from CAD 0.258545 to CAD 0.3826875 per share [1].

The dividends have been designated as eligible for federal and provincial dividend tax credit purposes, with all amounts stated in Canadian dollars. Fortis, a well-diversified leader in the North American regulated electric and gas utility industry, serves utility customers in five Canadian provinces, ten U.S. states, and three Caribbean countries [1]. The company's 2024 revenue was CAD 12 billion and total assets stood at CAD 75 billion as of March 31, 2025 [1].

This dividend announcement follows Fortis' strong performance, reflecting the company's commitment to shareholder value. The dividend declaration underscores Fortis' robust financial health and strategic focus on innovation and growth in the utility sector. Investors should consider this information in their investment decisions.

References:
[1] https://www.stocktitan.net/news/FTS/fortis-inc-announces-third-quarter-dividends-0qttvwrg7jvw.html