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| FTS.CA Ex-Dividend Reminder - 8/18/23By Canada Stock Channel Staff, Wednesday, August 16, 9:54 AM ET
On 8/18/23, Fortis Inc (TSE:FTS.CA) will trade ex-dividend, for its quarterly dividend of $0.565, payable on 9/1/23. As a percentage of FTS.CA's recent stock price of $53.60, this dividend works out to approximately 1.05%, so look for shares of Fortis Inc to trade 1.05% lower — all else being equal — when FTS.CA shares open for trading on 8/18/23. Below is a dividend history chart for FTS.CA, showing historical dividends prior to the most recent $0.565 declared by Fortis Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FTS.CA is likely to continue, and whether the current estimated yield of 4.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FTS.CA shares, versus its 200 day moving average:
Looking at the chart above, FTS.CA's low point in its 52 week range is $48.45 per share, with $62 as the 52 week high point — that compares with a last trade of $53.68. Free Report: Top 8%+ Dividends (paid monthly)
In Wednesday trading, Fortis Inc shares are currently up about 0.1% on the day.
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