Fortis Inc.
FORFFUtilities · Stock · monthly payer
Forward Yield
5.64%
Annual Dividend
$0.89
Payout Ratio
—
5-Yr Growth
-0.0%
Ex-Date
Aug 19, 2026
Frequency
Monthly
Summary
As of September 2026, Fortis Inc. (FORFF) yields 5.64% ($0.89 per share annually), with a blended fair-value estimate of $29.42 — +87% upside, so it screens as undervalued. Dividend safety grade: B (71/100).
Is FORFF a good dividend stock?
Yes, with caveatsFortis Inc. (FORFF) pays a monthly dividend yielding 5.64% ($0.89/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.64%
- Payout Ratio
- —
- Annual Dividend
- $0.89
- 5-Yr Avg Growth
- -0.0%
- Ex-Dividend Date
- Aug 19, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.43
- Market Cap
- —
- P/E Ratio
- 8.0
- 5-Yr Total Return
- -21%
- 52-Week Range
- $15.73 – $18.00
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
Frequently Asked Questions
FORFF Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+8%
5 Years
-21%
52-Week Range
$15.73 – $18.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FORFF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Fortis Inc. is $29.42 per share, versus a market price of $15.73. That implies 87% of upside — a margin of safety of about 47%.
Fair Value
$29.42
Current Price
$15.73
Upside
+87%
Margin of Safety
47%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 5.9% stage-1 growth, 2.5% terminal growth, $1.97 EPS, $0.89 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FORFF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 19, 2026 | — | $0.2209 | regular |
| Aug 19, 2026 | — | $0.2205 | regular |
| Aug 19, 2026 | — | $0.2201 | regular |
| Aug 19, 2026 | — | $0.2215 | regular |
| Aug 19, 2026 | — | $0.2221 | regular |
| Aug 19, 2026 | — | $0.2207 | regular |
| Aug 19, 2026 | — | $0.2221 | regular |
| Aug 19, 2026 | — | $0.2226 | regular |
| Aug 19, 2026 | — | $0.2225 | regular |
| Aug 19, 2026 | — | $0.2217 | regular |
| Aug 19, 2026 | — | $0.2210 | regular |
| Aug 19, 2026 | — | $0.2209 | regular |
| Aug 19, 2026 | — | $0.2206 | regular |
| Aug 19, 2026 | — | $0.2212 | regular |
Income Calculator
At $0.89 / yr per share
