Fortis Inc. Releases Third Quarter 2026 Results, New Five-Year Capital Outlook and 4% Increase in Fourth Quarter Dividend

Fortis Inc. reported third-quarter 2026 net earnings of $474 million, or $0.92 per share, up from $0.81 per share a year earlier. It unveiled a $32.2 billion capital plan for 2027–2031, $3.4 billion above its prior plan, targeting 7.5% rate base growth. Fortis raised its fourth-quarter dividend by 4% and extended its annual dividend growth guidance of 4%–6% through 2031. Operational updates included a US$1.0 billion Iowa transmission project awarded to ITC and environmental approvals for LNG projects in British Columbia.