Fortis Inc. (FTS) To Go Ex-Dividend on November 17th

Fortis Inc. (TSE:FTS) announced a quarterly dividend on Tuesday, November 17th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.6650 per share on Tuesday, December 1st. This represents a $2.66 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, November 17th. This is a 3.9% increase from Fortis’s previous quarterly dividend of $0.64.

Fortis Stock Performance

TSE:FTS traded up C$0.66 on Friday, hitting C$85.09. The stock had a trading volume of 2,118,292 shares, compared to its average volume of 1,615,877. The business’s 50-day simple moving average is C$78.42 and its two-hundred day simple moving average is C$78.19. The stock has a market cap of C$43.89 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of 3.01 and a beta of 0.49. Fortis has a 52-week low of C$69.06 and a 52-week high of C$86.35. The company has a quick ratio of 0.36, a current ratio of 0.69 and a debt-to-equity ratio of 146.51.

Fortis (TSE:FTS) last released its quarterly earnings results on Tuesday, November 3rd. The company reported C$0.92 EPS for the quarter. The firm had revenue of C$3.12 billion during the quarter. Fortis had a net margin of 15.04% and a return on equity of 7.57%. As a group, research analysts predict that Fortis will post 3.34 earnings per share for the current year.

Insider Activity at Fortis

In other news, insider James Reid sold 25,000 shares of the company’s stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of C$85.83, for a total value of C$2,145,750.00. Following the completion of the transaction, the insider owned 31,419 shares of the company’s stock, valued at C$2,696,692.77. This represents a 44.31% decrease in their ownership of the stock. 0.04% of the stock is owned by insiders.

About Fortis

Fortis is a diversified leader in the North American regulated electric and gas utility industry with 2025 revenue of $12 billion and total assets of $79 billion as at June 30, 2026. The Corporation’s 9,900 employees serve utility customers in five Canadian provinces, ten U.S. states and the Cayman Islands.