CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Fortis Extends 4%-6% Annual Dividend Growth Guidance Through 2031

By Public Technologies
  • Fortis unveiled a $32.2 billion capital plan for 2027-2031, up $3.4 billion from its prior plan, driven by transmission and LNG investments.
  • Projected five-year rate base growth increased to 7.5% annually, 50 basis points above the prior plan.
  • Annual dividend growth guidance of 4%-6% was extended through 2031.
  • The 2026 capital spending forecast rose to $6 billion from $5.6 billion, with $4.2 billion spent through September.
  • Funding is expected to comprise 57% cash from operations, 32% net debt and 11% equity.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortis Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk