Fortis declared a common share dividend of 59c per share on the issued and outstanding fully paid common shares of the corporation, representing an approximate 4.4% increase in the quarterly dividend, payable on December 1 to the common Shareholders of Record at the close of business on November 17. The corporation’s annual dividend growth guidance of 4-6% has been extended one year through 2028.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FTS:
- Fortis Inc. Establishes At-The-Market Equity Program
- Fortis Inc. Announces New $25 Billion Five Year Capital Outlook and 4.4% Increase in Fourth Quarter Dividend Marking 50 Years of Dividend Increases
- Fortis to host investor day
- Fortis price target lowered to C$58 from C$60 at Scotiabank
- Advisory: Fortis Inc. to Hold Investor Day in St. John’s, Newfoundland and Labrador on September 19