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Fortis ( (TSE:FTS) ) has issued an announcement.
Fortis Inc. has announced its third-quarter dividends for 2025, with payments scheduled for September 1, 2025, to shareholders recorded by August 19, 2025. The declared dividends include various amounts for different series of preference shares and a dividend of $0.615 per share on common shares, all designated as eligible for federal and provincial dividend tax credits. This announcement reflects Fortis’ ongoing commitment to providing shareholder value and maintaining its strong position in the utility industry.
The most recent analyst rating on (TSE:FTS) stock is a Hold with a C$63.00 price target. To see the full list of analyst forecasts on Fortis stock, see the TSE:FTS Stock Forecast page.
Spark’s Take on TSE:FTS Stock
According to Spark, TipRanks’ AI Analyst, TSE:FTS is a Outperform.
Fortis’s overall stock score reflects strong financial performance and a positive earnings call outlook, supported by strategic investments and dividend growth commitment. The technical analysis indicates a neutral trend, while valuation shows attractiveness due to the dividend yield. Despite some challenges, Fortis’s strategic direction and regulatory successes underpin a favorable long-term outlook.
To see Spark’s full report on TSE:FTS stock, click here.
More about Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2024 revenue of $12 billion and total assets of $75 billion as of March 31, 2025. The company operates with 9,800 employees serving utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries. Fortis shares are listed on the TSX and NYSE under the symbol FTS.
Average Trading Volume: 1,477,569
Technical Sentiment Signal: Buy
Current Market Cap: C$33.72B
See more insights into FTS stock on TipRanks’ Stock Analysis page.