Fortive (FTV) Raises Quarterly Dividend 16.7% to $0.07

FTV (Fortive Corporation) has announced a quarterly dividend increase of 16.7%, raising the payout from $0.06 to $0.07 per share. The new dividend is payable to shareholders of record as of the ex-dividend date, which is set for September 4, 2026.

The numbers

The previous quarterly dividend was $0.06 per share, and the new payment of $0.07 represents an increase of $0.01 per share. This marks a notable step up from the recent payment history, which shows a series of $0.06 dividends over the past year: May 30, 2025 ($0.0603), September 12, 2025 ($0.06), November 28, 2025 ($0.06), March 13, 2026 ($0.06), and June 22, 2026 ($0.06).

At the current share price of $56.94, the new annualized dividend rate of $0.28 per share translates to a trailing twelve-month (TTM) yield of approximately 0.54%, based on TTM dividend per share of $0.31. The company has a five-year dividend compound annual growth rate (CAGR) of 5.4%, though it has not yet established a streak of consecutive annual increases (0 years).

What it means for income investors

For income investors, this raise implies that holding 100 shares of FTV would generate an additional $1.00 per year in dividend income compared to the previous rate, assuming the new quarterly rate is maintained. The new annualized payout of $0.28 per share is a modest but positive signal for shareholders seeking gradual income growth. As always, investors should consider their own financial goals and risk tolerance.

Reporting based on: DividendSmart market data. Figures verified against market data where available.