Fortis Inc. : Announces First Quarter Dividends - 2018
December 07, 2017 at 12:31 pm EST
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ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Dec 7, 2017) -
The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) has declared the following dividends:
$0.3063 per share on the First Preference Shares, Series "F" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.2427 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.15625 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.1465625 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.2969 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.2500 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018;
$0.25625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2018 to the Shareholders of Record at the close of business on February 15, 2018; and
$0.425 per share on the issued and outstanding fully paid Common Shares of the Corporation, payable on March 1, 2018 to the Common Shareholders of record at the close of business on February 15, 2018.
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 leader in the North American regulated electric and gas utility industry with total assets of approximately C$47 billion as of September 30, 2017. The Corporation's more than 8,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
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.
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Companyâs non-regulated businesses include energy infrastructure and corporate and other.