Credit: Shutterstock photoFortis Inc. ( FTS ) will begin trading ex-dividend on May 17, 2018. A cash dividend payment of $0.338 per share is scheduled to be paid on June 01, 2018. Shareholders who purchased FTS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.81% increase over prior dividend payment. At the current stock price of $32.69, the dividend yield is 4.14%.
The previous trading day's last sale of FTS was $32.69, representing a -14.51% decrease from the 52 week high of $38.24 and a 4.08% increase over the 52 week low of $31.41.
FTS is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). FTS's current earnings per share, an indicator of a company's profitability, is $1.83. Zacks Investment Research reports FTS's forecasted earnings growth in 2018 as 2.69%, compared to an industry average of 6.9%.
For more information on the declaration, record and payment dates, visit the FTS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
