Fortis Dividend Announcement
Fortis Inc. Declares Third Quarter 2026 Dividend for Shareholders, Eligible for Tax Credits
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Fortis Inc. has declared its third quarter 2026 dividends, with payments set for September 1, 2026, to shareholders on record as of August 19, 2026, according to Toronto Sun. The company has designated the dividends as eligible for federal and provincial dividend tax credits in Canada.
Fortis trades on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol FTS. The company reported $12 billion in revenue in 2025 and holds $77 billion in total assets, making it one of North America's largest regulated utility companies, Fort Saskatchewan Record noted.
Key Dividend Dates Shareholders Need to Know
The record date for the Q3 2026 dividend is August 19, 2026. Only shareholders who hold Fortis shares at the close of business on that date will receive the payout, Brantford Expositor reported. The payment itself will be made on September 1, 2026.
Investors who buy shares after the record date will not qualify for this dividend. This two-week gap between the record date and payment date is standard practice for large publicly traded utility companies.
Eligible Dividend Status Means Tax Savings for Canadians
Fortis designated the common share dividend as an "eligible dividend" under Canadian tax law, Sudbury Star reported. That status matters for individual investors. Eligible dividends receive a higher dividend tax credit, which lowers the effective tax rate on the income.
Both the common share dividend and preferred share dividends carry this eligible status, according to Clinton News Record. The designation applies for both federal and provincial tax credit purposes across Canada.
Fortis Stands as a North American Utility Giant
Fortis is a leader in North American regulated electric and gas utilities. The company posted $12 billion in revenue in 2025 and controls $77 billion in total assets, Whitecourt Star noted. Its operations span electric and gas distribution across Canada, the United States, and the Caribbean.
Being a regulated utility means Fortis earns predictable, government-approved returns. That stability has made it a long-standing dividend payer. The company's shares trade on both the TSX and NYSE under the ticker FTS, giving it access to both Canadian and American investors.
Dividend Continuity Reflects Fortis's Long-Term Income Strategy
Declaring dividends each quarter is a signal to investors about financial health. Fortis has built a reputation as a reliable income stock, Pincher Creek Echo reported. Consistent quarterly payouts are central to how the company attracts and keeps long-term shareholders.
Regulated utilities like Fortis tend to keep dividend payments steady even in uncertain markets. Their revenue comes from government-approved rate structures, not from commodity prices or economic cycles. That makes them a lower-risk choice for investors seeking steady income, according to Sault Star.
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