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Fortis Inc. Announces Third Quarter Dividends – 2025

1. Fortis declared dividends payable on September 1, 2025. 2. Dividends range from CAD 0.26144 to CAD 0.615 per share. 3. Dividends are eligible for federal and provincial tax credits. 4. Fortis reported 2024 revenue of CAD 12 billion. 5. The company serves utility customers across North America and the Caribbean.

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Why Bullish?

The declaration of dividends typically signals company strength and stability. In the past, similar announcements spurred positive investor sentiment and price increases.

How important is it?

The article emphasizes dividends, central to income-oriented investors, indicating financial health. Such releases significantly influence stock performance and investor confidence.

Why Short Term?

Dividend announcements often lead to immediate stock interest and trading activity. Investors may react in the short term, appreciating the financial health conveyed by dividends.

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BEPCAQN
ST. JOHN'S, Newfoundland and Labrador, July 31, 2025 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on September 1, 2025 to the Shareholders of Record of the following Shares of the Corporation at the close of business on August 19, 2025: $0.3063 per share on the First Preference Shares, Series "F";$0.3826875 per share on the First Preference Shares, Series "G"; $0.26144 per share on the First Preference Shares, Series "H";$0.258545 per share on the First Preference Shares, Series "I";$0.2969 per share on the First Preference Shares, Series "J";$0.3418125 per share on the First Preference Shares, Series "K";$0.3433125 per share on the First Preference Shares, Series "M"; and,$0.615 per share on the Common Shares. The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are given in Canadian dollars unless otherwise indicated. About FortisFortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2024 revenue of $12 billion and total assets of $75 billion as at March 31, 2025. The Corporation's 9,800 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedarplus.ca, or www.sec.gov. For more information, please contact: Investor EnquiriesMs. Stephanie AmaimoVice President, Investor RelationsFortis Inc.248.946.3572investorrelations@fortisinc.comMedia EnquiriesMs. Karen McCarthyVice President, Communications & Government RelationsFortis Inc.709.737.5323media@fortisinc.com   A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/8ac9e1b8-cdb6-4f87-8add-64fbeda8512d

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