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share information

Fortis Inc. shares are listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) and trade under the symbol FTS.

FINANCIAL HIGHLIGHTS

MILLIONS, EXCEPT AS INDICATED 2023 2022 2021
Revenue  $11,517  $11,043  $9,448
Cash flow from operations  $3,545  $3,074  $2,907
Net earnings attributable to common equity shareholders  $1,506  $1,330  $1,231
Basic earnings per common share ($)  $3.10  $2.78  $2.61
Adjusted net earnings attributable to common equity shareholders1  $1,502  $1,329  $1,219
Adjusted earnings per common share1($)  $3.09  $2.78  $2.59
Dividends paid per common share ($)  $2.29  $2.17  $2.0500
Assets  $65,920  $66,252  $57,659
1Non-GAAP financial measure as disclosed in the Corporation's Annual Management Discussion and Analysis

dividends

The setting of dividend record dates and the declaration and payment of dividends are subject to the Board of Directors’ approval.

All dividends paid by the Corporation on its common shares and preference shares in the current fiscal year have been, or will be, designated as “eligible dividends” for the purpose of entitling shareholders of the Corporation to a higher dividend tax credit in accordance with certain amendments to the Income Tax Act (Canada) and, where applicable, similar provisions of provincial or territorial income tax legislation.

 
  Q3/23 Q4/23 Q1/24 Q2/24
  • Common Share (FTS)
  • Dividend $0.565 $0.59 $0.59  $0.59 
    Payment Date Sept 1 Dec 1 Mar 1  June 1
    Record Date Aug 21 Nov 17 Feb 16  May 17
    Share Purchase Plan Deadline Aug 29 Nov 28 Feb 27  May 29
  • Series F First Preference Share (FTS.PR.F)
  • Series G First Preference Share (FTS.PR.G)
  • Series H First Preference Share (FTS.PR.H)
  • Series I First Preference Share (FTS.PR.I)
  • Series J First Preference Share (FTS.PR.J)
  • Series K First Preference Share (FTS.PR.K)(1)
  • Series M First Preference Shares (FTS.PR.M)

  • (1) Fortis Inc. Announces Results of Conversion of Cumulative Redeemable Fixed Rate Reset First Preferred Shares, Series K

Dividend History

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Fortis Inc. Common Share Dividend History*

Year Declaration Date Ex-Dividend Date Record Date Payment Date Quarterly Dividend Annual Dividend
2023 Sept 18 Nov 16 Nov 17 Dec 1 $0.59 $2.29
  Aug 1 Aug 18 Aug 21 Sept 1 $0.565  
  Feb 9 May 16 May 17 Jun 1 $0.565  
   Nov 17
(2022)
Feb 14 Feb 15 Mar 1 $0.565  
2022 Sept 28   Nov 16  Nov 17  Dec 1  $0.565  $2.17
   July 27  Aug 18  Aug 19  Sept 1  $0.535  
   Feb 10  May 16  May 17  Jun 1  $0.535  
   Nov 18
(2021)
 Feb 14  Feb 15  Mar 1  $0.535  

* Adjusted for 4-for-1 stock split in October 2005 and Newfoundland Power’s 2-for-1 stock split in 1985. Newfoundland Power Common Shares were exchanged on a 1-for-1 basis for Fortis Inc. Common Shares in 1987.






pdf-icon  Download our full common share dividend history

View the full Common Share Dividend History in Adobe Acrobat PDF or email investorrelations@fortisinc.com to request the file.
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Preference Shares

The First Preference Shares of Fortis Inc. are listed on the Toronto Stock Exchange (TSX).

Issue Ticker Symbol Rate Per Annum* Description Par Redemption Dates
Series F FTS.PR.F $1.2250 Cumulative Redeemable $25.00 Dec 1, 2015**
Series G FTS.PR.G $1.53075 Cumulative Redeemable 5-yr Fixed Rate Reset $25.00 Sep 1, 2028
Series H FTS.PR.H $0.45876 Cumulative Redeemable 5-yr Fixed Rate Reset $25.00 Jun 1, 2025
Series I FTS.PR.I 3-mth T-Bill rate + 1.45% Cumulative Redeemable Floating Rate $25.00 Jun 1, 2025
Series J FTS.PR.J $1.1875 Cumulative Redeemable $25.00 Dec 1, 2017**
Series K FTS.PR.K(1) $0.98225 Cumulative Redeemable
5-yr Fixed Rate Reset
$25.00 Mar 1, 2024
Series M FTS.PR.M $0.97825 Cumulative Redeemable
5-yr Fixed Rate Reset
$25.00 Dec 1, 2024  

*Except the Series I dividend rate which will be reset every quarter based on the applicable 3-month Government of Canada Treasury Bill rate plus 1.45%.
** On or after redemption date.
(1) Fortis Inc. Announces Results of Conversion of Cumulative Redeemable Fixed Rate Reset First Preferred Shares, Series K

Share Plan

Fortis Inc. offers a Dividend Reinvestment Plan (“DRIP”) to Common Shareholders as a convenient method of increasing their investments in the Corporation. The purchase of common shares under the DRIP will be issued at a 2% discount.

(Offered to Registered Shareholders.)

Plan Documents

Plan Document

view pdf

First Amendment

view pdf

Application Forms


Enrollment Declaration

Optional Cash Purchase –Canada

Optional Cash Purchase –U.S./Int.

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Committed to preserving our provincial heritage

Fortis contributes $3.25 million to commemorate Newfoundland and Labrador’s First World War Battle of Beaumont-Hamel. Fortis community initiatives
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