SmarterDividends
FTS

Fortis (FTS) Dividend

Fortis Inc. · Utilities · Utilities - Regulated Electric · quarterly payer

$59.18

Overvalued · -17% Add to Portfolio

As of Nov 13, 2026, Fortis (FTS) pays a quarterly dividend of $0.4610 per share, or $1.87 a year, a 3.15% yield at its $59.18 share price. The next ex-dividend date is Nov 17, 2026, paid Dec 1, 2026. It has raised its dividend 10 years in a row and has a dividend safety grade of B.

Forward Yield

3.15%

Annual Dividend

$1.87

Payout Ratio

73%

5-Yr Growth

4.2%

Ex-Date

Nov 17, 2026

Frequency

Quarterly

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Key facts about FTS's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, Fortis Inc. (FTS) has a forward dividend yield of 3.15%, based on an annual dividend of $1.87 per share and a share price of $59.18.
  • As of Nov 13, 2026, FTS's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Fortis Inc. (FTS) has raised its dividend for 10 consecutive years as of Nov 13, 2026.
  • FTS last cut its regular dividend in 2015.
  • FTS's next ex-dividend date is Nov 17, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 13, 2026, FTS pays out 73% of its trailing 12-month earnings as dividends (its payout ratio).
  • FTS's dividend has grown at an average rate of 4.2% a year over the past five years.
  • As of Nov 13, 2026, FTS's 3.15% yield is 19% below its five-year average yield of 3.89%.
  • As of Nov 13, 2026, SmarterDividends' blended fair-value estimate for FTS is $49.37 per share, 17% below the $59.18 share price, so FTS screens as overvalued.
  • Fortis Inc. (FTS) pays its dividend quarterly, 4 times a year.
  • Fortis Inc. (FTS) has raised its regular dividend 26 times and cut it 12 times across the 50 payments on record since 2014. Its most recent change was a 1.3% cut to $0.461 per share, going ex-dividend on Aug 19, 2026.
Cite this page

SmarterDividends, "FTS Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 13, 2026, https://smarterdividends.com/stocks/FTS

Is FTS a good dividend stock?

Yes, with caveats

Fortis Inc. (FTS) pays a quarterly dividend yielding 3.15% ($1.87/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
3.15%
Payout Ratio
73%
Annual Dividend
$1.87
5-Yr Avg Growth
4.2%
Ex-Dividend Date
Nov 17, 2026
Years of Growth
10
Frequency
quarterly
Beta
0.43
Market Cap
$30.5B
P/E Ratio
23.3
5-Yr Total Return
38%
52-Week Range
$49.99 – $61.71
Dividend Safety
B · 70/100
Ever Cut?
Yes (2015)

FTS dividend raises and cuts

Fortis Inc. (FTS) has raised its regular dividend 26 times and cut it 12 times across the 50 payments on record since 2014. Its most recent change was a 1.3% cut to $0.461 per share, going ex-dividend on Aug 19, 2026.

Ex-dateChangeOld → newMove
Aug 19, 2026Cut$0.467 → $0.461−1.3%
Feb 17, 2026Raise$0.456 → $0.469+2.8%
Nov 17, 2025Raise$0.445 → $0.456+2.5%
Aug 19, 2025Raise$0.441 → $0.445+0.9%
May 16, 2025Raise$0.434 → $0.441+1.6%
Nov 18, 2024Raise$0.433 → $0.437+0.9%
Feb 15, 2024Raise$0.431 → $0.436+1.2%
Nov 16, 2023Raise$0.417 → $0.431+3.4%
Nov 16, 2022Raise$0.414 → $0.426+2.9%
May 16, 2022Cut$0.420 → $0.414−1.4%
Feb 14, 2022Cut$0.428 → $0.420−1.9%
Nov 16, 2021Raise$0.400 → $0.428+7.0%
Show all 38 changes since 2014
Ex-dateChangeOld → newMove
Aug 18, 2021Cut$0.415 → $0.400−3.6%
May 14, 2021Raise$0.398 → $0.415+4.3%
Feb 12, 2021Raise$0.386 → $0.398+3.1%
Nov 17, 2020Raise$0.361 → $0.386+6.9%
Aug 18, 2020Raise$0.339 → $0.361+6.5%
May 14, 2020Cut$0.360 → $0.339−5.8%
Nov 18, 2019Raise$0.339 → $0.361+6.5%
Aug 19, 2019Raise$0.335 → $0.339+1.2%
May 16, 2019Cut$0.340 → $0.335−1.5%
Nov 19, 2018Raise$0.325 → $0.342+5.2%
Aug 20, 2018Cut$0.332 → $0.325−2.1%
May 17, 2018Cut$0.338 → $0.332−1.8%
Feb 14, 2018Raise$0.333 → $0.338+1.5%
Nov 17, 2017Raise$0.317 → $0.333+5.0%
Aug 17, 2017Raise$0.306 → $0.317+3.6%
Feb 14, 2017Raise$0.297 → $0.306+3.0%
Nov 16, 2016Raise$0.292 → $0.297+1.7%
Aug 17, 2016Raise$0.290 → $0.292+0.7%
May 16, 2016Raise$0.269 → $0.290+7.8%
Feb 12, 2016Cut$0.281 → $0.269−4.3%
Nov 16, 2015Raise$0.260 → $0.281+8.1%
Aug 17, 2015Cut$0.284 → $0.260−8.5%
May 14, 2015Cut$0.292 → $0.284−2.7%
Feb 12, 2015Raise$0.285 → $0.292+2.5%
Oct 22, 2014Cut$0.293 → $0.285−2.7%
May 14, 2014Raise$0.291 → $0.294+1.0%
Every FTS payment →Download every raise and cut (CSV)
FTS ex-dividend date & scheduleNext ex-date Nov 17, 2026 · full ex-dividend historyView →FTS dividend historyEvery payment, totals by year, raises and cutsView →FTS dividend calculator100 shares pay $187.00 a year, $46.75 each quarterCalculate →FTS total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is FTS a good dividend stock?

Yes, with caveats. Fortis Inc. (FTS) pays a quarterly dividend yielding 3.15% ($1.87/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.

Is FTS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FTS's fair value is about $49.37 versus a $59.18 share price — so it looks overvalued (-17% vs. fair value).

Is FTS's dividend safe?

FTS has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 10-year growth streak, a dividend cut in 2015, debt and yield-versus-history.

What is FTS's fair value?

Our blended fair-value estimate for FTS is about $49.37 per share, about 17% below the current $59.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FTS a buy, hold, or sell?

We don't issue formal ratings, but on the data FTS screens as "yes, with caveats" and overvalued. Fortis Inc. (FTS) pays a quarterly dividend yielding 3.15% ($1.87/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. This is research for your own analysis, not investment advice.

Will FTS cut its dividend?

FTS earns a dividend-safety grade of B (70/100), and has cut its dividend before (last in 2015). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FTS pay a dividend?

Yes. Fortis Inc. pays a quarterly dividend of about $1.87 per share annually, a forward yield of roughly 3.15%.

How much dividend does 100 shares of FTS pay?

At $1.87 per share a year, 100 shares of FTS pay $187.00 a year in dividends before tax, about $46.75 each quarter. Buying them costs about $5,918 at the Nov 13, 2026 price.

What is FTS's dividend yield?

As of Nov 13, 2026, FTS's forward dividend yield is 3.15%, based on a $1.87 annual dividend and a $59.18 share price.

What is FTS's dividend per share?

As of Nov 13, 2026, FTS pays $1.87 per share per year, distributed on a quarterly basis.

What is FTS's dividend payout ratio?

As of Nov 13, 2026, FTS's payout ratio is 73% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has FTS grown its dividend?

As of Nov 13, 2026, FTS has increased its dividend for 10 consecutive years.

When is the next FTS ex-dividend date?

As of Nov 13, 2026, the next ex-dividend date on record for FTS is Nov 17, 2026.

Income Calculator

At $1.87 / yr per share

Per payment (quarterly)$46.75
Annual$187.00
Monthly avg$15.58
Full FTS dividend calculator →

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