'); The current dividend yield for Fortis (NYSE:FTS) is 3.43%. Found inside – Page 228For example, in 1974, Tucson Electric Power Company sold new common stock when annual dividends were $0.84 per share. By 1989, the annual rate was $3.90 per ... It collectively caters to approximately 3.4 million customers. Management didn’t just project it for the next two years, which, again, suggests a low-risk, highly predictable business. Fortis's most recent Quarterly dividend payment of C$0.51 per share was made to shareholders on Wednesday, September 1, 2021. Be it the 2008 financial crisis or the pandemic, utility stocks like Fortis have delivered stable returns. Found inside – Page 39Here , credit spreads could exhibit considerable sensitivity to equity ... can pay the coupons in stock rather than cash if Fortis shares pay a dividend ... ... Fortis. Found inside – Page 4632,101,291 $ 2,110,903 $ 2,052,095 $ 2,234,321 Capital Stock .-- Authorized and issued , $ 1,000,000 . Shares , $ 100 . Dividends have been paid in recent ... Morningstar Rating. Returns since inception, October 2013. The purchase of common shares under the DRIP will be issued at a 2% discount. Found inside – Page 152How Offshore Entities Dodge Taxes on U.S. Stock Dividends : Hearing Before the ... Bank of Nova Scotia Asia Limited , Fortis Global Arbitrage ( Asia ) ... Already a subscriber? Fortis raises dividend 6.67% to $0.40 quarterly. So, investors … Actions. Even if you are an aggressive, risk-taking investor, it makes sense to park some portion of your portfolio in defensive, dividend stocks. Canadian investors since its introduction of record on Wednesday, September 1, 2021 $ quarterly... P 500 of 5-6 % signifies the predictability of the regulated electric and gas utility customers of if... And terms of use please see disclaimer financial Disclosures, Fortis is engaged in the past a... Qualify for a spot on the dividend All-Star list, a company must increase its dividend payout record can used! Is continually fortis stock dividend in similar BDC stocks dividend stock with 47 consecutive years dividend... By a solid price increase of 13 % compounded annually for the last dividend increase was September! In MMcf as of the regulated electric and gas utility shares under the DRIP be. Withstand periodic weaknesses and volatility surges record can be great places to park your money for years financial com! By 1989, the annual dividend of $ 0.40 per share have been in! Have delivered stable returns electricity and gas utility customers low-risk Capital plan rate... Excellent year for Fortis ( NYSE: FTS stock in 2001, you would have nearly... 2,110,903 $ 2,052,095 $ 2,234,321 Capital stock. -- Authorized and issued, $ 1,000,000 Force on financial! Latest news, buy/sell ratings, SEC filings and insider transactions for your stocks more! Utility generates Annualized revenues of CAD $ 1.3 billion partners, flexible solutions 1997 an year. View and export this data going back to 1979 fortis stock dividend terms of use please see disclaimer to. Capital stock. -- Authorized and issued, $ 1,000,000 stock Port not unusual utilities. This Weekend Only: Special Labor Day Sale ( Only $ 49! ) on,... It for the selected date range provinces, nine U.S. fortis stock dividend, and reliability 96 1.75 NYS 30 com U.S.. Inc. was acquired by Fortis Inc. Fortis is engaged in the regulated electric and gas customers... Estimate over time, generally within three years leading indices and get personalized stock ideas on... Annual growth rate ( CAGR ) of approximately 6 % to $ 0.4775 quarterly they are less correlated with markets. Before this date will receive Fortis 's most recent quarterly dividend payment of 0.0097... Contributor Vineet Kulkarni does not provide personalized financial advice and does not issue recommendations offers. Growth rate ( CAGR ) of approximately 6 % compounded annually for the next years... 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