Fortis Declares Multiple Preferred Share Dividends Payable March 1, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
0mins
Source: Globenewswire
- Dividend Announcement: Fortis Inc. has declared multiple preferred share dividends payable on March 1, 2026, with a common share dividend of CAD 0.64, reflecting the company's ongoing cash flow stability and commitment to shareholder returns.
- Preferred Share Details: The dividends include CAD 0.3063 per share for Series F, CAD 0.3826875 for Series G, among others, which collectively enhance investor confidence and promote shareholder value.
- Tax Benefits: All dividends are designated as eligible for federal and provincial dividend tax credits, aimed at attracting more investor interest in Fortis shares and enhancing its market appeal.
- Company Background: Fortis, a leader in the North American regulated electric and gas utility sector, reported revenues of CAD 12 billion in 2024 and total assets of CAD 75 billion, showcasing its strong position and market presence in the industry.
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Analyst Views on FTS
Wall Street analysts forecast FTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTS is 53.87 USD with a low forecast of 49.50 USD and a high forecast of 57.51 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 53.370
Low
49.50
Averages
53.87
High
57.51
Current: 53.370
Low
49.50
Averages
53.87
High
57.51
About FTS
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utilities include ITC, UNS Energy, Central Hudson, FortisBC Energy Inc., FortisAlberta Inc., FortisBC Inc. and Other electric. The ITC includes Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC. UNS Energy includes UNS Energy Corporation, which primarily includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc. The Central Hudson includes CH Energy Group, Inc., which primarily includes Central Hudson Gas & Electric Corporation. Other Electric include Eastern Canadian and Caribbean utilities, as follows: Newfoundland Power Inc., Maritime Electric Company, Limited, FortisOntario Inc., and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Fortis Inc. (FTS) to Release 2025 Financial Results on February 12, 2026
- Earnings Release Schedule: Fortis Inc. will release its 2025 financial results on February 12, 2026, with a teleconference at 8:30 a.m. (Eastern) where executives will discuss the financial performance, drawing attention from investors and analysts.
- Participation Details: Interested shareholders, analysts, and media can listen to the teleconference via a live webcast on the company's website, with North American participants able to call 1.833.821.0229 toll-free for questions, while international participants can dial 1.647.846.2371.
- Registration Convenience: Participants can pre-register to receive a calendar invite and a unique access code to bypass the teleconference operator queue, with registration open until the end of the call, enhancing participation convenience.
- Financial Background: As of September 30, 2025, Fortis reported total assets of $75 billion and revenue of $12 billion for 2024, demonstrating its strong position and market presence in the North American electric and gas utility industry.
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