Fortis Inc. Announces First Quarter Dividends – 2026

Rhea-AI Summary

Fortis (TSX/NYSE: FTS) declared quarterly dividends on December 4, 2025 payable March 1, 2026 to shareholders of record on February 17, 2026.

Common share dividend: $0.64 per common share. First preference series dividends declared: F $0.3063, G $0.3826875, H $0.26144, I $0.232890, J $0.2969, K $0.3418125, M $0.3433125 per share.

All dividends were designated as eligible dividends for federal and provincial dividend tax credit purposes. Amounts are in Canadian dollars.

Positive

• Common dividend of $0.64 per share declared
• Dividend payment date set for March 1, 2026
• Record date established as February 17, 2026
• All dividends designated eligible for tax credits

Negative

• None.

News Market Reaction

+0.31%

1 alert

+0.31% News Effect

On the day this news was published, FTS gained 0.31%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Common share dividend: $0.64 per share Series F dividend: $0.3063 per share Series G dividend: $0.3826875 per share +3 more

6 metrics

Common share dividend $0.64 per share Quarterly dividend payable March 1, 2026

Series F dividend $0.3063 per share First Preference Shares, Series F, payable March 1, 2026

Series G dividend $0.3826875 per share First Preference Shares, Series G, payable March 1, 2026

Series M dividend $0.3433125 per share First Preference Shares, Series M, payable March 1, 2026

Record date February 17, 2026 Shareholders of record eligible for March 1, 2026 dividends

Payment date March 1, 2026 Dividend payment date for common and preference shares

Market Reality Check

Price: $52.28 Vol: Volume 642,402 vs 20-day ...

normal vol

$52.28 Last Close

Volume Volume 642,402 vs 20-day average 872,822, indicating lighter-than-normal trading. normal

Technical Shares at $50.29, trading above 200-day MA at $48.66 and about 4.81% below the 52-week high.

Peers on Argus

FTS slipped 0.38% while close utility peers were mixed: AEE -0.49%, CNP -0.24%, ...

FTS slipped 0.38% while close utility peers were mixed: AEE -0.49%, CNP -0.24%, DTE -0.5%, FE -1.59%, PPL +0.45%, suggesting stock-specific trading rather than a clear sector move.

Historical Context

5 past events · Latest: Dec 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Dividend declaration	Positive	+0.3%	Board declared Q1 2026 dividends including <b>$0.64</b> per common share.
Nov 04	Earnings and dividend	Positive	+1.4%	Q3 2025 earnings, larger capital plan, and 4.1% Q4 dividend increase.
Oct 27	Earnings call advisory	Neutral	-0.9%	Announcement of Nov. 4 teleconference on Q3 results and capital outlook.
Sep 30	Earnings call advisory	Neutral	+1.3%	Scheduling of Nov. 4, 2025 teleconference and webcast for Q3 results.
Aug 01	Earnings release	Positive	+1.9%	Strong Q2 2025 earnings and progress on multi‑year capital plan.

Pattern Detected

Recent dividend and earnings announcements have typically seen modestly positive one-day price reactions, with no large dislocations around news.

Recent Company History

Over the last six months, Fortis reported strong Q2 2025 and Q3 2025 results, highlighting higher net earnings, substantial capital investment, and multi‑year capital plans supporting ongoing dividend growth. The company also communicated capital outlook updates via teleconference advisories. Dividend declarations, including today’s $0.64 common dividend for March 1, 2026, follow earlier 2025 dividends around $0.615 per share and have generally produced modest, stable share-price moves around the announcement dates.

Market Pulse Summary

This announcement detailed Fortis’s first-quarter 2026 dividends, including a $0.64 common share pay...

Analysis

This announcement detailed Fortis’s first-quarter 2026 dividends, including a $0.64 common share payment and specified amounts for several preference share series, payable on March 1, 2026 to holders of record on February 17, 2026. All dividends were designated as eligible for dividend tax credits, and amounts are in Canadian dollars. In context, recent earnings reports and capital plans emphasized steady growth and dividend continuity, so investors may watch future results and regulatory updates to confirm that trajectory.

Key Terms

prospectus supplement, eligible dividends, dividend tax credit

3 terms

prospectus supplement regulatory

"incorporated by reference in the prospectus supplement dated December 9, 2024"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

eligible dividends financial

"designated the common share dividend and preference share dividends as eligible dividends"

Eligible dividends are a type of corporate payout that carries a stronger tax benefit for individual shareholders because they come from profits that were taxed at higher corporate rates. Think of them like a higher-value coupon: investors receive cash and, when filing taxes, get a bigger credit that reduces the amount of tax owed on that income. That matters to investors because the after-tax amount they actually keep can be noticeably higher than for other kinds of dividends, affecting yield comparisons and portfolio income planning.

dividend tax credit financial

"eligible dividends for federal and provincial dividend tax credit purposes"

A dividend tax credit is a tax benefit that reduces the amount of personal tax an investor owes on dividend income to account for taxes the company already paid on its profits. Think of it as getting a coupon that prevents the same money from being taxed twice; it affects the investor’s after‑tax return and can change which dividend-paying stocks look most attractive.

AI-generated analysis. Not financial advice.

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.

ST. JOHN'S, Newfoundland and Labrador, Dec. 04, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on March 1, 2026 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 17, 2026:

• $0.3063 per share on the First Preference Shares, Series "F";
  
  
• $0.3826875 per share on the First Preference Shares, Series "G";
  
  
• $0.26144 per share on the First Preference Shares, Series "H";
  
  
• $0.232890 per share on the First Preference Shares, Series "I";
  
  
• $0.2969 per share on the First Preference Shares, Series "J";
  
  
• $0.3418125 per share on the First Preference Shares, Series "K";
  
  
• $0.3433125 per share on the First Preference Shares, Series "M"; and,
  
  
• $0.64 per share on the Common Shares.
  
  

The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are given in Canadian dollars unless otherwise indicated.

About Fortis
Fortis is a diversified leader in the North American regulated electric and gas utility industry with 2024 revenue of $12 billion and total assets of $75 billion as at September 30, 2025. The Corporation's 9,600 employees serve utility customers in five Canadian provinces, ten U.S. states and the Caribbean.

Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedarplus.ca, or www.sec.gov.

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/7114dbe9-6472-456d-ac1c-09fba19b8d8f

For more information, please contact:

Investor Enquiries Ms. Stephanie Amaimo Vice President, Investor Relations Fortis Inc. 248.946.3572 investorrelations@fortisinc.com

Media Enquiries Ms. Karen McCarthy Vice President, Communications & Government Relations Fortis Inc. 709.737.5323 media@fortisinc.com

FAQ

What dividend did Fortis (FTS) declare for common shares on December 4, 2025?

Fortis declared a $0.64 per common share dividend payable March 1, 2026 to holders of record on February 17, 2026.

When will Fortis (FTS) pay the March 2026 dividends and who is eligible?

Dividends are payable on March 1, 2026 to shareholders of record at the close of business on February 17, 2026.

Which Fortis preference share series received dividend declarations for March 1, 2026?

Declared preference dividends: Series F, G, H, I, J, K, M with per-share amounts listed in the announcement.

Are Fortis (FTS) dividends eligible for dividend tax credits?

Yes. The corporation designated the common and preference share dividends as eligible dividends for federal and provincial tax credits.

In what currency are Fortis (FTS) dividend amounts stated?

All dividend amounts are stated in Canadian dollars unless otherwise indicated.

Where can Fortis shareholders find the record date for the March 2026 dividend?

The record date for the March 1, 2026 dividend is February 17, 2026 as announced by the company.