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Fortis Inc. Dividend Analysis

FTS

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Dividend65

Does Fortis (FTS) pay a dividend?

High yield, verify sustainability

Yes. Fortis (FTS) pays a dividend: $1.84 per share over the last twelve months, a dividend yield of 3.13% at the latest close.

It has raised its dividend per share for 5 years in a row, growing at 8.9% a year over the last 5 years. The payout takes about 47.1% of earnings.

Based on TTM and annual data · Not a buy/sell signal

Score Breakdown

40

Safety

40% of composite

Earnings Payout80
47.1%Sustainable
FCF Coverage0
-2.4xNot covered
78

Growth

35% of composite

Dividend Streak70
5YSolid record
Growth Rate85
8.9%Strong compounder
85

Income

25% of composite

Cash Yield (TTM)85
3.13%Above average

Composite = Safety (40) × 0.40 + Growth (78) × 0.35 + Income (85) × 0.25 = 65

Dividend Safety

Earnings Payout

47.1%

FCF Payout

–

FCF Coverage

-2.4x

Dividend Growth

Per Share (TTM)

$1.84

Growth Streak

5 years

5Y CAGR

8.9%

Dividend history

Dividend per share by fiscal year
Fiscal yearPer shareChange
2025$1.84+5.3%
2024$1.74+1.6%
2023$1.72+1.8%
2022$1.69+1.5%
2021$1.66+38.5%
2020$1.20-14.4%
2019$1.40+4.4%
2018$1.34+1.6%
2017$1.32+11.1%
2016$1.19+8.1%

Newest 10 of 20 fiscal years; the chart above has the full series. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.

Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.

Dividend Income

Annual DPS (TTM)

$1.84

Annual Income / C$10K

C$313

Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.

Fortis (FTS) dividend: yield, safety and growth

Frequently asked

Does Fortis (FTS) pay a dividend, and how much?+

Yes, Fortis pays a regular dividend of about $1.84 per share per year (a yield of roughly 3.1%). That is a payout ratio of about 47.1% of earnings, so it is not currently covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.

Is Fortis's dividend safe?+

Fortis's dividend looks not currently covered by free cash flow, with free cash flow covering the payout about -2.4 times over. Intrinsiqq scores its dividend safety at 40 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.

Has Fortis grown its dividend?+

Fortis has raised its dividend for about 5 years in a row. Over the past five years the dividend has grown at roughly 8.9% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.

What is Fortis's dividend payout ratio?+

Fortis pays out about 47.1% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is not currently covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.

Held by ETFs

FTS is in 72 US ETFs. The largest of them, with FTS's weight in each:

Spot a number that looks wrong?

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.