Fortis Inc. Announces First Quarter Dividends - 2021
Fortis Inc. has declared dividends for its preference and common shares, payable on March 1, 2021. The dividends include $0.3063 for Series 'F', $0.2745625 for Series 'G', $0.11469 for Series 'H', $0.094685 for Series 'I', $0.2969 for Series 'J', $0.2455625 for Series 'K', $0.2445625 for Series 'M', and $0.505 for common shares. Shareholders of record by February 16, 2021, will receive these dividends, which are eligible for federal and provincial tax credits. Fortis reported a revenue of $8.8 billion in 2019 and operates across multiple regions.
- Dividend of $0.505 per common share promotes shareholder income.
- Dividends are designated as eligible for federal and provincial tax credits.
- None.
ST. JOHN'S, Newfoundland and Labrador, Nov. 18, 2020 (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, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.27 45625 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.11 469 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.09 4685 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.29 69 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.24 55625 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021;
$0.24 45625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021; and
$0.50 5 per share on the Common Shares of the Corporation, payable on March 1, 2021 to the Shareholders of Record at the close of business on February 16, 2021.
The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 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.
A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/86346561-af27-4296-8953-5e49687967c1
For more information, please contact
Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
samaimo@fortisinc.com
Media Enquiries:
Ms. Karen McCarthy
Vice President, Communications & Corporate Affairs
Fortis Inc.
709.737.5323
media@fortisinc.com
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