The cheque cleared last week. The capex plan is the real file
Fortis Inc. (TSX: FTS, NYSE: FTS) declared on July 29 its third-quarter 2026 dividends, including the common share payment that settled September 1 to holders of record August 19. Fortis designated the payments as eligible dividends.
This is regulated utility calendar paper. It does not update the Tilbury LNG Phase 1B expansion approval FortisBC secured in July or the broader five-year $28.8 billion consolidated capital plan Fortis has outlined for rate-base growth.
Fortis serves electric and gas utility customers across five Canadian provinces, ten U.S. states, and the Cayman Islands. The release cited 2025 revenue of $12 billion and total assets of $77 billion at March 31, 2026.
Neutral read
FTS is on the listed utilities list. Banks were skipped. A September 1 pay date and an August 19 record are the facts. Write this as dividend mechanics, not as a rate-case win. Watch Arizona and British Columbia regulatory calendars and whether interest-rate moves change the utility tape more than operating results this fall.