Fortis Inc. Announces Third Quarter Dividends – 2025

Rhea-AI Summary

Fortis Inc. (TSX/NYSE: FTS) has announced its third quarter dividend payments for 2025. The company's Board of Directors has declared dividends payable on September 1, 2025, with a record date of August 19, 2025.

The dividend includes $0.615 per share on Common Shares and various rates for different series of First Preference Shares, ranging from $0.258545 to $0.3826875 per share. All dividends have been designated as eligible for federal and provincial dividend tax credit purposes, with all amounts stated in Canadian dollars.

Positive

• Consistent dividend payments maintained across all share classes
• Dividends qualify for tax credits, benefiting shareholders

Negative

• None.

ST. JOHN'S, Newfoundland and Labrador, July 31, 2025 (GLOBE NEWSWIRE) -- 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.

The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on September 1, 2025 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 19, 2025:

• $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";
  
  
• $0.258545 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,
  
  
• $0.615 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 well-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 March 31, 2025. The Corporation's 9,800 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries.

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/8ac9e1b8-cdb6-4f87-8add-64fbeda8512d

FAQ

What is Fortis (FTS) dividend payment date for Q3 2025?

Fortis will pay its Q3 2025 dividends on September 1, 2025 to shareholders of record as of August 19, 2025.

How much is Fortis (FTS) common share dividend for Q3 2025?

Fortis has declared a dividend of $0.615 per share on Common Shares for Q3 2025.

Are Fortis (FTS) dividends eligible for tax credits?

Yes, Fortis has designated both common share and preference share dividends as eligible for federal and provincial dividend tax credits.

What are the dividend rates for Fortis preferred shares in Q3 2025?

Fortis preferred share dividends range from $0.258545 to $0.3826875 per share across different series (F, G, H, I, J, K, and M).