Fortis Inc. Announces First Quarter Dividends - 2023
The Board of Directors of Fortis has announced dividends for multiple share series, all payable on March 1, 2023, to shareholders of record as of February 15, 2023. The dividends include $0.3063 for Series 'F', $0.2745625 for Series 'G', $0.11469 for Series 'H', $0.346562 for Series 'I', $0.2969 for Series 'J', $0.2455625 for Series 'K', $0.2445625 for Series 'M', and $0.565 for Common Shares. These dividends are designated as eligible for tax credits. Fortis is a major North American utility firm with a 2021 revenue of $9.4 billion.
- Dividend announcement enhances shareholder income, with common share dividends totaling $0.565 per share.
- Dividends are designated as eligible for federal and provincial dividend tax credits.
- None.
ST. JOHN'S, Newfoundland and Labrador, Nov. 17, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:
$0.30 63 per share on the First Preference Shares, Series "F" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
$0.27 45625 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
$0.11 469 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
- 0.346562 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
$0.29 69 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
$0.24 55625 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023;
$0.24 45625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023; and
$0.56 5 per share on the Common Shares of the Corporation, payable on March 1, 2023 to the Shareholders of Record at the close of business on February 15, 2023.
The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are given in Canadian dollars unless otherwise indicated.
About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2021 revenue of
Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com or www.sec.gov.
For more information, please contact
Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
investorrelations@fortisinc.com
Media Enquiries:
Ms. Karen McCarthy
Vice President, Communications & Corporate Affairs
Fortis Inc.
709.737.5323
media@fortisinc.com
A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/d36f11f0-99ee-4e2b-a6cf-258a7205dcaf
FAQ
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