Fortis Dividends
| FTS Stock | USD 44.83 0.25 0.56% |
Dividends Paid is likely to gain to about 806.4 M in 2024. Dividend Yield is likely to gain to 0.04 in 2024. Fortis' past performance could be the main factor of why investors trade Fortis Inc stock today. Investors should clearly understand every aspect of the Fortis dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Fortis' dividend schedule and payout information. Fortis Inc dividends can also provide a clue to the current valuation of Fortis.
Number Of Dividends | Years Issued 21 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.95 | Volatility 0.5 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 768 M | 806.4 M | |
| Dividend Yield | 0.03 | 0.04 | |
| Dividend Payout Ratio | 0.49 | 0.64 | |
| Dividend Paid And Capex Coverage Ratio | 0.72 | 0.73 |
Fortis |
Investing in dividend-paying stocks, such as Fortis Inc is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Fortis must own a stock before its ex-dividend date to receive its next dividend.
Fortis Dividends Paid Over Time
Today, most investors in Fortis Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fortis' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fortis dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Fortis Historical Dividend Yield Growth
A solid dividend growth pattern of Fortis could indicate future dividend growth is likely, which can signal long-term profitability for Fortis Inc. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Fortis Inc dividend as a percentage of Fortis stock price. Fortis Inc dividend yield is a measure of Fortis stock productivity, which can be interpreted as interest rate earned on an Fortis investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Fortis Dividends Paid (per share)
Dividends Paid |
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Fortis Expected Dividend Income Per Share
Dividend payment represents part of Fortis' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Fortis. Fortis' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.11 Bottom Scenario | $1.14 | $1.16 Top Scenario |
One Year
Fortis Inc expected dividend income per share adjusted for ongoing price standard deviation
Fortis Past Distributions to stockholders
| 20th of March 2024 | ||
| 1st of March 2024 | ||
| 1st of December 2023 | ||
| 1st of September 2023 | ||
| 1st of June 2023 | ||
| 17th of May 2023 | ||
| 1st of March 2023 | ||
| 1st of December 2022 |
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortis. If investors know Fortis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.045 | Dividend Share 2.36 | Earnings Share 2.29 | Revenue Per Share 23.225 | Quarterly Revenue Growth 0.019 |
The market value of Fortis Inc is measured differently than its book value, which is the value of Fortis that is recorded on the company's balance sheet. Investors also form their own opinion of Fortis' value that differs from its market value or its book value, called intrinsic value, which is Fortis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortis' market value can be influenced by many factors that don't directly affect Fortis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.