Fortis Inc. Announces Second Quarter Dividends - 2026

Fortis Inc., a prominent player in the North American regulated electric and gas utility sector, announced its second quarter dividends for 2026 in a recent news release dated February 11, 2026. The company's Board of Directors declared various dividends payable on June 1, 2026, to shareholders of record as of May 15, 2026. The dividends include $0.3063 per share for First Preference Shares, Series "F"; $0.3826875 for Series "G"; $0.26144 for Series "H"; $0.224630 for Series "I"; $0.2969 for Series "J"; $0.3418125 for Series "K"; $0.3433125 for Series "M"; and a dividend of $0.64 per common share.

These dividends have been designated as eligible for federal and provincial dividend tax credit purposes, providing potential tax benefits for shareholders. Fortis Inc. reported substantial financial metrics, with revenue reaching $12 billion in 2024 and total assets amounting to $75 billion as of September 30, 2025. This solid financial footing underscores the corporation’s ability to deliver consistent returns to its investors.

Serving over 9,600 employees, Fortis provides utility services across five Canadian provinces, ten U.S. states, and the Caribbean, emphasizing its extensive operational reach. The company is publicly traded on both the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbol "FTS."

For investors seeking detailed information, Fortis Inc. maintains accessible resources on its website, as well as through various regulatory platforms. The announcement reinforces Fortis's commitment to returning value to its shareholders while maintaining its leadership in the utility industry.

**Market Analysis and Advice on Fortis Inc. Following Dividend Announcement**

On February 11, 2026, Fortis Inc. (TSX/NYSE: FTS) declared significant dividends, reflecting its ongoing commitment to returning value to shareholders. The company's diverse portfolio in the regulated electric and gas utility sectors across North America positions it favorably for stable long-term growth. The announcement highlighted dividends for several series of preference shares and a common share dividend of $0.64, all designated as eligible for dividend tax credits. This strategic move may enhance the attractiveness of Fortis shares to income-focused investors.

Fortis's robust revenue of CAD 12 billion in 2024, along with total assets of CAD 75 billion as of September 30, 2025, underlines its strong financial footing. The wide geographical reach—serving customers across five Canadian provinces, ten U.S. states, and the Caribbean—fortifies its resilience against regional economic fluctuations. The utility sector's inherent stability fuels cautious optimism about Fortis's continuous dividend payments, which can provide a reliable income stream.

However, potential investors should consider market conditions and interest rate trends. As central banks remain vigilant against inflation, interest rate hikes may impact utility stock valuations. Investors must assess whether the yield on Fortis shares compensates adequately for potential interest rate risks.

Moreover, in light of rising renewable energy integration and regulatory changes in North America, investors should monitor Fortis’s strategic initiatives towards sustainability. Adapting to evolving energy policies could enhance long-term profitability and minimize regulatory risks.

In conclusion, Fortis Inc.'s latest dividend announcement reinforces its position as a stable income-generating investment. Investors are advised to weigh the company's strengths against potential market headwinds and to consider Fortis as a part of a diversified investment portfolio focusing on income generation and long-term growth.