Fortis Inc. Announces Second Quarter Dividends - 2021
Fortis Inc. (TSX/NYSE: FTS) announced dividends for its shareholders, effective June 1, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Fortis Inc. (TSX/NYSE: FTS) announced dividends for its shareholders, effective June 1, 2021. The dividends include:
- $0.3063 on Series 'F'
- $0.2745625 on Series 'G'
- $0.11469 on Series 'H'
- $0.094899 on Series 'I'
- $0.2969 on Series 'J'
- $0.2455625 on Series 'K'
- $0.2445625 on Series 'M'
- $0.505 on Common Shares
All dividends are payable to shareholders of record as of May 17, 2021. The dividends are designated as eligible for tax credit purposes.
Positive
- Dividends declared provide consistent income for shareholders, enhancing their returns.
- The designation of dividends as eligible for tax credits may attract more investors.
Negative
- None.
Details
News Market Reaction – FTS
The recorded move for FTS in the trading session of this news was -0.17%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST. JOHN'S, Newfoundland and Labrador, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:
$0.3063 per share on the First Preference Shares, Series "F" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.2745625 per share on the First Preference Shares, Series "G" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.11469 per share on the First Preference Shares, Series "H" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.094899 per share on the First Preference Shares, Series "I" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.2969 per share on the First Preference Shares, Series "J" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.2455625 per share on the First Preference Shares, Series "K" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021;
$0.2445625 per share on the First Preference Shares, Series "M" of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 2021; and
$0.505 per share on the Common Shares of the Corporation, payable on June 1, 2021 to the Shareholders of Record at the close of business on May 17, 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/d7ffa607-e7d3-449c-9840-0d0af36493c9
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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