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Fortis ( (TSE:FTS) ) has provided an announcement.
Fortis Inc. has announced dividends for the second quarter of 2025, declaring specific per-share dividends for various series of its First Preference Shares as well as its Common Shares, all payable on June 1, 2025, to shareholders of record by May 16, 2025. This announcement underscores Fortis’s commitment to providing returns to its shareholders and highlights its ongoing role as a stable entity in the utility industry, offering eligible dividends that benefit from federal and provincial tax credits.
More about Fortis
Fortis is a leading diversified company in the North American regulated electric and gas utility industry, with 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024. The company operates in five Canadian provinces, ten U.S. states, and three Caribbean countries, serving utility customers through its 9,600 employees. Fortis shares are traded on the TSX and NYSE under the symbol FTS.
YTD Price Performance: 6.07%
Average Trading Volume: 534,999
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $21.82B
For an in-depth examination of FTS stock, go to TipRanks’ Stock Analysis page.
