# Fortis Sets C$0.3433125 Series M Dividend for Dec. 1 Payment By John Kim Canonical URL: https://www.tokenpost.com/news/business/48247 Published: 2026-11-04T05:08:23.000Z Updated: 2026-11-04T05:08:23.000Z Section: Business > Shareholders of record at the close of business Nov. 17 will qualify. The per-share amount matches Fortis’ payments in each of the first three quarters of 2026. Fortis Inc. declared a fourth-quarter dividend of C$0.3433125 per Series M First Preference Share, setting a Dec. 1 payment date and Nov. 17 record date for investors. Shareholders must be on record at the close of business Nov. 17 to qualify for the payment. The Series M amount matches Fortis’ dividend for each of the first three quarters of 2026. The shares trade on the Toronto Stock Exchange under ticker FTS.PR.M and are cumulative redeemable five-year fixed-rate-reset preferred shares. Fortis also set its fourth-quarter common-share dividend at C$0.665 per share, up 4% from C$0.64. The [common-share dividend increase]() has the same record and payment dates as the Series M dividend. ## Links in this article - [common-share dividend increase](https://www.tokenpost.com/news/business/48203)