Fortis Dividend Information: Key Insights Before Aug 19, 2025 Ex-Dividend Date

Fortis Inc. (FTS) has announced a cash dividend of $0.444 per share, with an ex-dividend date set for Aug 19, 2025, and a payment date on Sept 1, 2025. This dividend is notably higher than the company's average dividend per share of $0.338 over the last ten distributions. The announcement was made on Jul 31, 2025, following the previous dividend paid on Jun 1, 2025, which was $0.433 per share. Both dividends were cash dividends.

Recently, Fortis Inc. has been in the spotlight due to several significant developments. Over the past week, Fortis reported its second-quarter 2025 results, showing a rise in sales to CA$2.82 billion and an increase in net income to CA$404 million. This performance highlights the company's robust financial health, reinforcing its reputation as a stable and reliable utility provider. Analysts have indicated that Fortis's consistent growth strategy and expansion into renewable energy projects further solidify its position in the market.

Furthermore, Fortis shares have crossed above their 200-day moving average as of late, a technical indicator that often signifies bullish momentum in stock performance. This movement reflects positive investor sentiment and confidence in the company's long-term prospects. Additionally, Fortis has been recognized as a defensive stock, offering a 3.5% dividend yield with a continued focus on increasing its dividends annually. As a leading regulated utility in North America, Fortis's operations span Canada, the United States, and the Caribbean, providing essential services that contribute to its stability, even during economic downturns.

In conclusion, Fortis remains a compelling choice for investors seeking a stable and growing dividend stock. With the ex-dividend date of Aug 19, 2025, approaching, this is the last opportunity for investors to purchase shares and qualify for the upcoming dividend. Any purchases made after this date will not be eligible for the dividend distribution.