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Fortis Inc

$39.5

Fortis Inc Dividend 2024 : 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 $19485.09Mn. Its share price is $39.5 as on 16 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Inc gave $2.34 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 June 2024, Fortis Inc has declared dividend of $0.59 - translating a dividend yield of 6%.

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 June 2024.

Fortis Inc Dividend related ratios:

  • Last dividend date: 2024-02-08
  • Current Dividend Yield: 5.91%
  • Annual dollar dividend payment: $2.34

Fortis Inc Dividend v/s Fortis Inc Share price

History of Fortis Inc's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATEPAYMENT DATE
16/05/2024
CASH
$0.59
08/02/2024
17/05/2024
01/06/2024
15/02/2024
CASH
$0.59
06/12/2023
16/02/2024
01/03/2024
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
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FAQs

Fortis Inc current market price is $39.5 per share

Fortis Inc has declared dividend worth $2.34 in the last year.

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

Fortis Inc has declared dividend on 08/02/2024 of $0.59.

Fortis Inc has declared dividend 1 times of $0.59 in the current financial year (FY2024)

Fortis Inc has declared dividend 4 times of $2.31 in the previous financial year (FY2023)