DV
Dividend Vision

FTS — Fortis Inc.

Fortis Inc. (FTS)

FTS pays a 3.24% distribution rate, quarterly. Its Distribution Safety Score™ is 99 (Safe), giving a Safety-Adjusted Yield of 3.21%. Distributions grew 7.4% over the past year. Total return is -100.0% over the past 22.1 years, 1022.7 points behind SPY at 922.7%. Its deepest 1-year drawdown was 6.2%.

Fortis Inc. is an electric and gas utility company operating across Canada, the United States, and the Caribbean, with regulated assets including electricity generation, transmission, and distribution serving nearly two million customers, as well as natural gas distribution pipelines. The company distributes cash to shareholders on a quarterly basis at a current distribution rate in the mid-single digits. Fortis appeals to income-focused investors seeking exposure to regulated utility infrastructure with steady dividend payments.

FTS key facts

Distribution Safety Score™
99 · Safe
Safety-Adjusted Yield
3.21%
Asset type
Stock
Asset class
Equity
Inception date
10/13/2005
Distribution rate
3.24%
Distribution frequency
Quarterly
Trailing yield
3.24%
5-year average yield
3.81
Last close
$56.68
Market cap
$28,957,812,736
Average volume
592000.0
Last dividend
$0.4670
Ex-dividend date
08/19/2026
Payment date
09/01/2026
Beta
0.427
Payout ratio
0.7186
P/E ratio
23.2295
Forward P/E
21.978
EPS
$2.44