Fortis Inc.
FTSUtilities · Stock · quarterly payer
Forward Yield
3.42%
Annual Dividend
$1.85
Payout Ratio
75%
5-Yr Growth
4.0%
Ex-Date
Aug 19, 2026
Frequency
Quarterly
Summary
As of September 2026, Fortis Inc. (FTS) yields 3.42% ($1.85 per share annually), with a blended fair-value estimate of $46.98 — -13% downside, so it screens as fairly valued. Dividend safety grade: B (70/100). 10 years of dividend growth.
Is FTS a good dividend stock?
Yes, with caveatsFortis Inc. (FTS) pays a quarterly dividend yielding 3.42% ($1.85/yr), with 10 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 10 consecutive years of dividend growth
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 3.42%
- Payout Ratio
- 75%
- Annual Dividend
- $1.85
- 5-Yr Avg Growth
- 4.0%
- Ex-Dividend Date
- Aug 19, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.41
- Market Cap
- $27.6B
- P/E Ratio
- 22.3
- 5-Yr Total Return
- 22%
- 52-Week Range
- $48.90 – $59.40
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
FTS Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+36%
5 Years
+22%
52-Week Range
$48.90 – $59.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FTS worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Fortis Inc. is $46.98 per share, versus a market price of $54.10. That implies the stock is roughly fairly priced.
Fair Value
$46.98
Current Price
$54.10
Gap
-13%
Margin of Safety
-15%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 5.8% stage-1 growth, 2.5% terminal growth, $2.43 EPS, $1.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FTS Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 19, 2026 | — | $0.4610 | regular |
| May 15, 2026 | — | $0.4670 | regular |
| Feb 17, 2026 | — | $0.4690 | regular |
| Aug 19, 2025 | — | $0.4450 | regular |
| May 16, 2025 | — | $0.4410 | regular |
| Feb 18, 2025 | — | $0.4340 | regular |
| Nov 18, 2024 | — | $0.4370 | regular |
| Aug 20, 2024 | — | $0.4330 | regular |
| May 16, 2024 | — | $0.4340 | regular |
| Feb 15, 2024 | — | $0.4360 | regular |
| Nov 16, 2023 | — | $0.4310 | regular |
| Aug 18, 2023 | — | $0.4170 | regular |
| May 16, 2023 | — | $0.4200 | regular |
| Feb 14, 2023 | — | $0.4240 | regular |
Income Calculator
At $1.85 / yr per share
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