Fortis Inc. Dividend
Fortis Inc. Dividend history 25 years & estimates 2025 to 2028
Dividend Analysis of the Fortis Inc. Stock
| Current dividend yield | 1.84 % |
| Dividendenrendite 5 Jahre | 3.69 % |
| Dividend Yield 10Y | 4.02 % |
| Payout 3Y | 5.49 % |
When does Fortis Inc. pay a dividend?
Fortis Inc. pays the next dividend on Dec 01 2024 (payday). The ex-day is on Nov 18 2024. The Fortis Inc. stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Fortis Inc. stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Fortis Inc. are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.4567
Forecast
$0.46
Forecast
|
Nov 18 2024
Nov 18 2024
Dec 01 2024
Nov 18 24
Dec 01 24 |
Dec 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.4328
$0.43
|
Aug 20 2024
Aug 20 2024
Sep 01 2024
Aug 20 24
Sep 01 24 |
Sep 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.433346
$0.43
|
May 16 2024
May 16 2024
Jun 01 2024
May 16 24
Jun 01 24 |
Jun 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.437556
$0.44
|
Feb 15 2024
Feb 15 2024
Mar 01 2024
Feb 15 24
Mar 01 24 |
Mar 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.59
$0.59
|
Nov 16 2023
Nov 16 2023
Dec 01 2023
Nov 16 23
Dec 01 23 |
Dec 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.565
$0.57
|
Aug 18 2023
Aug 18 2023
Sep 01 2023
Aug 18 23
Sep 01 23 |
Sep 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.565
$0.57
|
May 16 2023
May 16 2023
Jun 01 2023
May 16 23
Jun 01 23 |
Jun 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.565
$0.57
|
Feb 14 2023
Feb 14 2023
Mar 01 2023
Feb 14 23
Mar 01 23 |
Mar 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.565
$0.57
|
Nov 16 2022
Nov 16 2022
Dec 01 2022
Nov 16 22
Dec 01 22 |
Dec 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.535
$0.54
|
Aug 18 2022
Aug 18 2022
Aug 18 22
|
quarterly
quarterly
|
How much dividend does Fortis Inc. pay?
Fortis Inc. most recently paid a dividend of $0.43. Fortis Inc. paid a Dividend of $1.76 Per Share in the financial year 2024. With a stock price of $44.28 at Nov 14 2024, the current dividend yield is 3.98% (calculation: $1.76 / $44.28 = 3.98%). No special dividend was paid.
What is the Fortis Inc. Dividend Yield and payout ratio?
The average Fortis Inc. dividend yield over the last 5 years is 4.81% and the average over the last 10 years is 4.63%.
The payout ratio of Fortis Inc. in relation to the last financial year is 99.78%. The payout ratio smoothed over 3 years is 99.92%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Fortis Inc. |
|---|---|
| Current dividend yield | 3.98% |
| Dividend Yield 5Y | 4.81% |
| Dividend Yield 10Y | 4.63% |
| Payout 1Y | 99.78% |
| Payout 3Y | 99.92% |
Is the Fortis Inc. dividend safe? Continuity & Dividend Growth
Is the Fortis Inc. dividend safe?
Fortis Inc. has been paying a dividend for 25 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to -22.96%. The average Fortis Inc. Dividend Growth over the last 5 years is -0.72%. The average for the last 10 years is 3.24%.
| Metric | Fortis Inc. |
|---|---|
| Increased | 0 Years |
| Continuity | 0 Years |
| Paid | 25 Years |
| Growth 1Y | -22.96% |
| Growth 5Y | -0.72% |
| Growth 10Y | 3.24% |
Continuity
Fortis Inc. has been paying a dividend for 25 years and has not lowered the dividend for 0 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to -22.96%. The average Fortis Inc. Dividend Growth over the last 5 years is -0.72%. The average for the last 10 years is 3.24%.
Fortis Inc. Stock Forecast 2024
On the stock exchange, the Fortis Inc. stock (ISIN: CA3495531079) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of Fortis Inc. 7.39% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Fortis Inc. stock price in real time at the top of the page.
Fortis Inc. (symbol: FTS) is valued at a Price / Earnings Ratio (P/E ratio) of 18.66 and a price/sales ratio (P/S ratio) of 2.61 valued. Based on analyst estimates, the Fortis Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 19.10 according to P/E ratio and 2.53 according to P/S.
| Metric | Fortis Inc. |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
7.39%
|
| P/E TTM | 18.66 |
| P/S TTM | 2.61 |
| P/E forward | 19.10 |
| P/S forward | 2.53 |
Fortis Inc. (symbol: FTS) is valued at a Price / Earnings Ratio (P/E ratio) of 18.66 and a price/sales ratio (P/S ratio) of 2.61 valued. Based on analyst estimates, the Fortis Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 19.10 according to P/E ratio and 2.53 according to P/S.
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