Fortis Inc. (FTS) Dividend History
Income profile from 1989 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
48.5% payout ratio with sustainable safety profile.
Consistency
9 straight years of dividend increases.
Income Trend
Yield on cost is 4.3% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (38 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Fortis Inc. distributes 48.5% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
FTS has raised its dividend for 9 consecutive years, with a 3-year CAGR of 2.0% and 5-year CAGR of 4.1%.
Total Shareholder Returns
Beyond cash dividends, FTS returns capital through share repurchases. The combined picture: 2.1% dividend yield, 2.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.3% and is currently rising. The 5-year total return is 68.3%, with dividends contributing 21.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $26,089 today.
Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 15, 2026Latest | $0.4700 | ↑ +0.2% | 3.20% | Jun 1, 2026 |
| Feb 17, 2026 | $0.4691 | ↑ +3.1% | 3.17% | Mar 1, 2026 |
| Nov 17, 2025 | $0.4551 | ↑ +2.7% | 3.40% | Dec 1, 2025 |
| Aug 19, 2025 | $0.4434 | ↑ +0.8% | 3.49% | Sep 1, 2025 |
| May 16, 2025 | $0.4400 | ↑ +1.6% | 3.70% | Jun 1, 2025 |
| Feb 18, 2025 | $0.4330 | ↓ -1.3% | 3.98% | Mar 1, 2025 |
| Nov 18, 2024 | $0.4388 | ↑ +1.4% | 3.94% | Dec 1, 2024 |
| Aug 20, 2024 | $0.4329 | ↓ -0.0% | 3.97% | Sep 1, 2024 |
Dividend Peer Comparison
Peer group: Electric and gas combination utilities
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
FTSFortis Inc. | $29.2B | 2.1% | 48.5% | 9 | Sustainable |
XELXcel Energy Inc. | $49.3B | 2.5% | 60.7% | 16 | Watch |
ETREntergy Corporation | $48.5B | 2.2% | 60.6% | 11 | Watch |
PEGPublic Service Enter… | $42.9B | 2.2% | 44.7% | 0 | Sustainable |
2nd WECWEC Energy Group, In… | $38.1B | 3.0% | 73.7% | 23 | Watch |
AEEAmeren Corporation | $31.3B | 2.5% | 52.7% | 16 | Sustainable |
1st ESEversource Energy | $28.6B | 3.7% | 1.2% | 23 | Sustainable |
EDConsolidated Edison,… | $26.5B | 2.8% | — | 0 | Unknown |
3rd DTEDTE Energy Company | $20.6B | 2.8% | 59.6% | 3 | Sustainable |
Annual Dividend History
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.94 | — | 2 | — | — | — | 2.3% |
| 2025 | $1.77 | 1.6% | 4 | $3.40 | 52.1% | 1.92x | 4.3% |
| 2024 | $1.74 | 3.3% | 4 | $3.24 | 53.8% | 1.86x | 4.3% |
| 2023 | $1.69 | 1.1% | 4 | $3.10 | 54.4% | 1.84x | 4.1% |
| 2022 | $1.67 | 3.5% | 4 | $2.78 | 60.1% | 1.67x | 4.1% |
| 2021 | $1.61 | 11.5% | 4 | $2.61 | 61.8% | 1.62x | 4.0% |
| 2020 | $1.45 | 5.4% | 4 | $2.66 | 54.4% | 1.84x | 3.5% |
| 2019 | $1.37 | 2.7% | 4 | $3.64 | 37.7% | 2.65x | 3.4% |
| 2018 | $1.34 | 7.2% | 4 | $2.74 | 48.8% | 2.05x | 3.3% |
| 2017 | $1.25 | 8.7% | 4 | $2.31 | 54.0% | 1.85x | 3.1% |
See FTS's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does FTS pay per share?
Fortis Inc. (FTS) pays a trailing 12-month dividend of $1.65 per share, with a current dividend yield of +2.1%. Payments are made Semi-Annual.
When is FTS's next ex-dividend date?
FTS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. FTS typically pays dividends Semi-Annual.
Is FTS's dividend safe?
FTS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +48.5% and FCF payout ratio of N/A. The 9-year growth streak provides moderate confidence.
Is FTS a Dividend Payer?
Yes, Fortis Inc. is classified as a Dividend Payer with 9 consecutive years of dividend increases. The 5-year dividend CAGR is +4.1%, demonstrating modest dividend growth.
How often does FTS pay dividends?
Fortis Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.65 per share. Dividend data on this page covers 37+ years from 1989 to 2026.
How much would $10,000 invested in FTS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in FTS five years ago would be worth approximately $16,825 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is FTS's yield on cost for long-term holders?
FTS's yield on cost — the current dividend divided by the original purchase price — is +4.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.1% market yield, thanks to consistent dividend growth.