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Fortis Inc

$40.94

Fortis Inc Dividend 2022 : Should Fortis Inc be a part of your dividend portfolio?

Fortis Inc is one of the most popular Utilities company in the world with a market capitalisation of $19862.41Mn. Its share price is $40.94 as on 7 December,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Inc gave $2.85 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Utilities stocks do not always pay a dividend but as Fortis Inc pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Fortis Inc has declared dividend of $0.59 - translating a dividend yield of 6.97%.

Let's look at Fortis Inc’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Fortis Inc’s dividend was $0.59 in the quarter ending December 2023.

Fortis Inc Dividend related ratios:

  • Last dividend date: 2023-09-19
  • Current Dividend Yield: 6.96%
  • Annual dollar dividend payment: $2.85

Fortis Inc Dividend v/s Fortis Inc Share price

History of Fortis Inc's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATEPAYMENT DATE
16/11/2023
CASH
$0.59
19/09/2023
17/11/2023
01/12/2023
18/08/2023
CASH
$0.56
02/08/2023
21/08/2023
01/09/2023
16/05/2023
CASH
$0.56
07/02/2023
17/05/2023
01/06/2023
14/02/2023
CASH
$0.56
17/11/2022
15/02/2023
01/03/2023
16/11/2022
CASH
$0.56
28/09/2022
17/11/2022
01/12/2022
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FAQs

Fortis Inc current market price is $40.94 per share

Fortis Inc has declared dividend worth $1.72 in the last year.

Fortis Inc has declared dividend worth $0.59 in the latest quarter.

Fortis Inc has declared dividend on 19/09/2023 of $0.59.

Fortis Inc has declared dividend 3 times of $1.72 in the current financial year (FY2023)

Fortis Inc has declared dividend 4 times of $2.2 in the previous financial year (FY2022)