Fortis (FTS) Dividend History & Analysis

Track McKesson's (FTS) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 4.85%
Dividends per Share 12m 3.04
Dividend Growth Rate 5y 4.15%
Overall Dividend Rating 74.39%
Yield on Cost 5y 6.74%
Payout Ratio 73.8%
Payout Frequency 12m 5
Payout Consistency 99.6%
Total Return 12m: 28.72%
#27 in Group
Total Return 5y: 46.66%
#43 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Electric Utilities

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
FTS 22,594m 4.85% 6.74%
CIG 5,917m 14.1% 65.7%
ENGI 40,063m 17.2% 42.7%
EBR-B 16,496m 8.71% 17.7%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
FTS 22,594m 4.15% 73.8%
BIP-UN 13,777m 586% 57.3%
PCG 37,291m 135% 5.20%
EVN 4,158m 83.3% 20.6%

FTS Dividend History: Last 40 Payments (CAD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-05-16 2025-06-01 0.62
2025-02-18 2025-02-18 2025-03-01 Quarterly 0.62 0.98%
2024-11-18 2024-11-18 2024-12-01 Quarterly 0.62 5.1% 1.01%
2024-08-20 2024-08-20 2024-09-01 Quarterly 0.59 0.99%
2024-05-16 2024-05-17 2024-06-01 Quarterly 0.59 1.07%
2024-02-15 2024-02-16 2024-03-01 Quarterly 0.59 1.13%
2023-11-16 2023-11-17 2023-12-01 Quarterly 0.59 3.5% 1.05%
2023-08-18 2023-08-21 2023-09-01 Quarterly 0.57 1.06%
2023-05-16 2023-05-17 2023-06-01 Quarterly 0.57 0.95%
2023-02-14 2023-03-01 2023-03-01 Quarterly 0.57 1.04%
2022-11-16 2022-12-01 2022-12-01 Quarterly 0.57 5.6% 1.09%
2022-08-18 2022-08-19 2022-09-01 Quarterly 0.54 0.89%
2022-05-16 2022-05-17 2022-06-01 Quarterly 0.54 0.87%
2022-02-14 2022-02-15 2022-03-01 Quarterly 0.54 0.93%
2021-11-16 2021-11-17 2021-12-01 Quarterly 0.54 5.9% 0.97%
2021-08-18 2021-09-01 2021-09-01 Quarterly 0.51 0.88%
2021-05-14 2021-05-17 2021-06-01 Quarterly 0.51 1% 0.93%
2021-02-15 2021-02-16 2021-03-01 Quarterly 0.505 -1%
2020-11-17 2020-12-01 2020-12-01 Quarterly 0.51 6.3% 0.96%
2020-08-18 2020-08-19 2020-09-01 Quarterly 0.48 0.91%
2020-05-14 2020-06-01 2020-06-01 Quarterly 0.48 0.94%
2020-02-14 2020-03-01 2020-03-01 Quarterly 0.48 0.5%
2019-11-18 2019-11-19 2019-12-01 Quarterly 0.4775 6.1%
2019-08-19 2019-09-01 2019-09-01 Quarterly 0.45
2019-05-16 2019-05-17 2019-06-01 Quarterly 0.45
2019-02-14 2019-02-15 2019-03-01 Quarterly 0.45
2018-11-19 2018-11-20 2018-12-01 Quarterly 0.45 5.9%
2018-08-20 2018-08-21 2018-09-01 Quarterly 0.425
2018-05-17 2018-05-18 2018-06-01 Quarterly 0.425
2018-02-14 2018-02-15 2018-03-01 Quarterly 0.425
2017-11-17 2017-12-01 2017-12-01 Quarterly 0.425 6.3%
2017-08-17 2017-08-21 2017-09-01 Quarterly 0.4
2017-05-17 2017-05-19 2017-06-01 Quarterly 0.4
2017-02-14 2017-03-01 2017-03-01 Quarterly 0.4
2016-11-16 2016-11-18 2016-12-01 Quarterly 0.4 6.7%
2016-08-17 2016-08-19 2016-09-01 Quarterly 0.375
2016-05-16 2016-05-18 2016-06-01 Quarterly 0.375
2016-02-12 2016-02-17 2016-03-01 Quarterly 0.375
2015-11-16 2015-11-18 2015-12-01 Quarterly 0.375 10.3%
2015-08-17 2015-08-19 2015-09-01 Quarterly 0.34

FTS Dividend FAQ

Does FTS pay dividends?

Yes, as of April 2025, FTS paid a dividend of 3.04 CAD in the last 12 months. The last dividend was paid on 2025-05-16.

What is the Dividend Yield of FTS?

As of April 2025, FTS`s dividend yield is 4.85%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.04M CAD by the current share price of 66.11.

How often does FTS pay dividends?

FTS pays dividends quarterly. Over the last 12 months (TTM), FTS has issued 5 dividend payments.

What is the next Ex-Dividend Date for FTS?

The next ex-dividend date for Fortis (FTS) is 2025-05-16.

What is the Dividend Growth of FTS?

FTS's average dividend growth rate over the past 5 years is 4.15M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of FTS?

FTS's 5-Year Yield on Cost is 6.74M%. This represents the effective dividend yield for an investor who bought Fortis five years ago. It is calculated as the sum of all trailing 12-month dividends (3.04M) divided by the purchase price five years ago (45.08):

What is the Payout Consistency of FTS?

FTS Payout Consistency is 99.6%.
Highly consistent: Fortis has a strong track record of consistent dividend payments.

Does FTS have a good Dividend Yield?

FTS`s 4.85% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of FTS?

The Dividend Payout Ratio of FTS is 73.8%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of FTS?

FTS`s Overall Dividend Rating is 74.39%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

FTS Outstanding Shares Analysis

What is the Trend in FTS`s Outstanding Shares?

Fortis`s outstanding shares have increased by approximately 1.18% annually over the past 5 years (Correlation: 100.0%), negatively influencing stock price.

Has Fortis ever had a Stock Split?

Yes, last Stock Split was on 2005-10-12 with a factor of 4:1. This stock split increased the number of shares and lowered the price per share by a ratio of 4.
Year Number of Shares Annual Growth Rate
1997 51,484,000
1998 52,056,000 +1.11%
1999 52,716,000 +1.27%
2000 59,344,000 +12.57%
2001 60,276,000 +1.57%
2002 68,980,000 +14.44%
2003 69,785,100 +1.17%
2004 98,004,700 +40.44%
2005 103,287,300 +5.39%
2006 133,928,000 +29.67%
2007 172,300,000 +28.65%
2008 176,923,100 +2.68%
2009 185,900,000 +5.07%
2010 187,700,000 +0.97%
2011 200,300,000 +6.71%
2012 202,800,000 +1.25%
2013 220,900,000 +8.93%
2014 283,100,000 +28.16%
2015 288,600,000 +1.94%
2016 406,900,000 +40.99%
2017 422,500,000 +3.83%
2018 430,100,000 +1.8%
2019 464,600,000 +8.02%
2020 468,200,000 +0.77%
2021 476,100,000 +1.69%
2022 481,100,000 +1.05%
2023 489,277,000 +1.7%
2024 496,400,000 +1.46%