Fortis Inc. Posts Increase in Second-Quarter Earnings over Last Year
The board declared $0.64 a share on common stock and multiple preference series, with dividends eligible for Canadian tax credits.
- On Friday, Fortis Inc. reported second-quarter net earnings of $396 million, or $0.78 per common share, with President and Chief Executive Officer David Hutchens and Executive Vice President and Chief Financial Officer Jocelyn Perry discussing results.
- Net earnings increased from $384 million in 2025, driven by rate base growth and higher retail electricity sales at UNS Energy; the utility posted revenue of $2.12 billion.
- FortisBC received approval from the Province of British Columbia on July 24, 2026, for the Tilbury Phase 1B expansion, while the company completed the Roadrunner Reserve II battery project in Arizona capable of storing 800 MW hours.
- The Board of Directors declared dividends payable on September 1, 2026, to shareholders of record as of August 19, 2026, including $0.64 per share on Common Shares.
- Fortis' $5.6 billion annual capital plan remains on track with $2.7 billion invested in the first half of 2026, while the utility achieved a 38% reduction in greenhouse gas emissions through 2025 compared to 2019.
16 Articles
16 Articles
Winnipeg Free Press
Fortis Inc. posts increase in second-quarter earnings over last year
ST. JOHN'S - Fortis Inc. is reporting second-quarter net earnings attributable to common equity shareholders of $396 million, up from $384 million for the second quarter of last year.
Fortis Inc. Releases Second Quarter 2026 Results
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. ST. JOHN’S, Newfoundland and Labrador, July 31, 2026 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a diversified leader in the North […]
The Toronto Star
Fortis Inc. Announces Third Quarter Dividends – 2026
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.
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