Celebrating 50 Consecutive Years of Dividend Increases
October 3, 2023
FORTIS RINGS THE BELL TO OPEN TORONTO STOCK EXCHANGE
Today, Fortis President and CEO David Hutchens and Board Chair Jo Mark Zurel joined the Corporation’s Board of Directors and leadership team to open the Toronto Stock Exchange and celebrate a significant financial performance milestone.
On September 19, 2023, the Fortis Board of Directors declared a fourth quarter dividend representing a 4.4% increase, marking 50 years of consecutive dividend increases paid to shareholders. Fortis is one of only two companies on the Toronto Stock Exchange to achieve this milestone.
“We are very proud of this accomplishment, which is a testament to the resilience of our company and our people,” said Hutchens. “We’re focused on extending this track record as we execute our regulated growth strategy in support of our annual dividend growth guidance of 4-6% through 2028.”
The people of Fortis made this achievement possible. Thank you to all those past and present who are part of our story!
We’re excited about the history we’ll make next.