Fortis Inc Stock Dividends
FTS pays dividends quarterly. Last paid amount was $0.435 at Mar 01, 2024. As of today, dividend yield (TTM) is 4.29%.
Dividend Yield Range
AI Analysis of FTS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.29% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 3.57% |
| Payout Ratio | 0 |
| Amount Per Share | $0.435 |
| Next Ex-Dividend Date | May 16, 2024 |
| Next Payment Date | Jun 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from FTS the purchase should be done within the next 13 days.
Here's a simple guide on how to buy FTS stock.
FTS Dividend Payout History
To ensure a understanding of FTS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 12, 2024 | May 16, 2024 | Jun 01, 2024 | $0.438 | 1.11% |
| 2 | Dec 08, 2023 | Feb 15, 2024 | Mar 01, 2024 | $0.435 | 1.13% |
| 3 | Sep 19, 2023 | Nov 16, 2023 | Dec 01, 2023 | $0.440 | 1.08% |
| 4 | Aug 01, 2023 | Aug 18, 2023 | Sep 01, 2023 | $0.427 | 1.09% |
| 5 | Feb 09, 2023 | May 16, 2023 | Jun 01, 2023 | $0.420 | 0.99% |
| 6 | Nov 17, 2022 | Feb 14, 2023 | Mar 01, 2023 | $0.424 | 1.08% |
| 7 | May 09, 2023 | Nov 16, 2022 | Dec 01, 2022 | $0.426 | 1.06% |
| 8 | Jul 29, 2022 | Aug 18, 2022 | Sep 01, 2022 | $0.414 | 0.93% |
| 9 | Feb 14, 2022 | May 16, 2022 | Jun 01, 2022 | $0.414 | 0.83% |
| 10 | Nov 19, 2021 | Feb 14, 2022 | Mar 01, 2022 | $0.420 | 0.92% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
FTS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from FTS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FTS stock here.
Comparing FTS to Sector and Country
FTS pays a solid dividend yield of 4.29%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.70%). FTS’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.29%), which means that there are more attractive dividend stocks to consider.
