Dividend CompanyCanada

FTS.TO

Fortis

TSXUtilitiesPlain dividend

Research Signals

Payout sustainability

Strong

4d ago

DRIP availability

Available

4d ago

Tax character

Eligible dividend

4d ago

Distribution history

Multi-decade

4d ago

Structure complexity

Simple

4d ago

Income trend

Growing

4d ago

Account suitability

Non-reg: eligible div

4d ago

Structure Overview

Fortis Inc. (FTS) is one of the largest regulated utilities in North America, operating in Canada, the United States, and the Caribbean. FTS has increased its dividend every year for over 50 consecutive years, one of the longest growth streaks among Canadian dividend-growth stocks. The regulated rate-base model provides highly visible, low-volatility cash flows.

Canadian Planning Notes

  • 1Fortis's 50+ year consecutive dividend growth record is a reference benchmark for Canadian income investors planning around DRIP durability.
  • 2Eligible dividends qualify for the tax credit; the U.S. subsidiary revenues introduce some CAD/USD variability in reported earnings but not in the CAD dividend.
  • 3DRIP is available; Fortis has historically allowed a small discount on reinvested shares through its issuer-sponsored plan.

Live Data (On Demand)

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, and structure summaries are editorial and may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.