Fortis Inc. PREF SHS SER I Announces Quarterly Dividend Payment

Fortis Inc. has declared a quarterly dividend of $0.2585 per share for PREF SHS SER I. The dividend is payable on September 1 for shareholders of record on August 19, with an ex-dividend date of August 19.

Fortis Inc. (TSX/NYSE: FTS) has announced a quarterly dividend of $0.2585 per share for its PREF SHS SER I. The dividend is payable on September 1, 2025, to shareholders of record on August 19, 2025, with an ex-dividend date of August 19 [1].

This latest dividend declaration follows the company's strong earnings performance in the first quarter of 2025, where the GAAP EPS of $1.00 exceeded expectations by $0.30, and reaffirms Fortis' long-term outlook [1]. The company's robust financial position, with a revenue of $12 billion and total assets of $75 billion as of March 31, 2025, supports its ability to maintain and grow its dividend payments [2].

Fortis Inc. is a well-diversified leader in the North American regulated electric and gas utility industry, serving utility customers in five Canadian provinces, ten U.S. states, and three Caribbean countries. The company's 9,800 employees contribute to its operational efficiency and customer service excellence [2].

This dividend announcement is part of Fortis Inc.'s commitment to its shareholders, providing a steady income stream in addition to its long-term growth prospects. Investors and financial professionals should consider this latest dividend declaration as a positive sign of Fortis Inc.'s financial health and dividend growth potential.

References:
[1] https://seekingalpha.com/news/4475549-fortis-inc-pref-shs-ser-i-declares-0_2585-dividend
[2] https://www.stocktitan.net/news/FTS/fortis-inc-announces-third-quarter-dividends-0qttvwrg7jvw.html