Fortis Inc. Announces Second Quarter Dividends – 2026

Rhea-AI Summary

Fortis (TSX/NYSE: FTS) declared dividends for payment on June 1, 2026 to shareholders of record on May 15, 2026. The Board set a $0.64 per common share dividend and specified per‑share amounts for eight preference share series.

The common and preference dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are in Canadian dollars.

Positive

• Common dividend of $0.64 per share payable June 1, 2026
• Eligible dividend designation for federal and provincial tax credits
• Preference series dividends declared across eight series with precise rates

Negative

• Cash obligation created by dividend payments due June 1, 2026

Market Reaction

+4.00% $56.66

15m delay 2 alerts

+4.00% Since News

$56.66 Last Price

$54.85 $56.70 Day Range

+$1.10B Valuation Impact

$28.64B Market Cap

0.5x Rel. Volume

Following this news, FTS has gained 4.00%, reflecting a moderate positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $56.66. This price movement has added approximately $1.10B to the company's valuation.

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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, Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2026 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 15, 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";
  
  
• $0.224630 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.

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

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/a2c5b3b8-3806-494f-8628-64b2823bd2e3

FAQ

What dividend did Fortis (FTS) declare for common shareholders on Feb 11, 2026?

Fortis declared a $0.64 per common share dividend payable June 1, 2026. According to the company, shareholders of record on May 15, 2026 will receive the payment and amounts are in Canadian dollars.

When is the Fortis (FTS) record date and payment date for the June 2026 dividends?

The record date is May 15, 2026 and the payment date is June 1, 2026. According to the company, shareholders on the record date will be eligible to receive the declared dividends.

Are Fortis (FTS) dividends taxable as eligible dividends for 2026?

Yes, Fortis designated both the common and preference dividends as eligible dividends for tax credit purposes. According to the company, this applies for federal and provincial dividend tax credit calculations.

What preference share dividends did Fortis (FTS) declare on Feb 11, 2026?

Fortis declared specific per‑share dividends for eight preference series, ranging from $0.22463 to $0.3826875. According to the company, each series has its own declared per‑share amount payable June 1, 2026.

In what currency are Fortis (FTS) dividends declared for June 2026?

All declared dividend amounts are quoted in Canadian dollars. According to the company, amounts are given in Canadian dollars unless otherwise indicated in the announcement.