Fortis Inc. Declares Dividends for Preferred and Common Shares
Fortis Inc. Reveals Dividend Announcements
ST. JOHN'S, Newfoundland and Labrador, – Fortis Inc. has made a significant announcement regarding dividend declarations for the upcoming quarter, showcasing its commitment to shareholder value. The Board of Directors has approved several dividend payments, reinforcing the corporation's strong financial health and dedication to its investors.
Details of Dividend Payments
Fortis Inc. (TSX/NYSE: FTS) has approved the following dividends, which are scheduled to be paid on September 1, 2025. Shareholders of record will need to hold their shares by the close of business on August 19, 2025, to qualify:
- $0.3063 per share for the First Preference Shares, Series "F";
- $0.3826875 per share for the First Preference Shares, Series "G";
- $0.26144 per share for the First Preference Shares, Series "H";
- $0.258545 per share for the First Preference Shares, Series "I";
- $0.2969 per share for the First Preference Shares, Series "J";
- $0.3418125 per share for the First Preference Shares, Series "K";
- $0.3433125 per share for the First Preference Shares, Series "M";
- $0.615 per share for Common Shares.
These dividends have been designated as eligible dividends for federal and provincial dividend tax credit purposes, underscoring Fortis's commitment to provide value for its shareholders.
About Fortis Inc.
Fortis is a well-diversified leader within the North American regulated electric and gas utility sector. The company reported impressive revenue figures of $12 billion and boasts substantial total assets amounting to $75 billion as of March 31, 2025. With around 9,800 dedicated employees, Fortis serves utility customers across five provinces in Canada, ten states in the United States, and three Caribbean nations.
Investment Opportunities with Fortis
Investing in Fortis Inc. can provide stability and growth potential for investors looking to capitalize on North America’s robust utility market. The company’s broad geographic reach and diverse service offerings position it well in a sector that often remains resilient during economic fluctuations.
Accessing More Information
For those interested in further details about Fortis Inc., its strategic initiatives, and financial performance, the company’s website (www.fortisinc.com) offers a wealth of resources. Stakeholders can also find relevant disclosures and updates through established financial portals, ensuring constant communication and transparency.
Frequently Asked Questions
What is the significance of the dividends declared by Fortis Inc.?
The declared dividends signify Fortis's strong financial position, allowing shareholders to reap benefits and fostering investor confidence in the company’s future.
When will Fortis Inc.'s dividends be paid?
The dividends are scheduled to be paid on September 1, 2025, for shareholders who hold shares by the close of business on August 19, 2025.
How does Fortis Inc. support its shareholders?
Fortis supports its shareholders through consistent dividend payments and actively designates its offerings as eligible dividends, thereby providing tax advantages.
Where can I find more information on Fortis Inc.?
More information can be found on the Fortis Inc. website and through various financial transparency platforms that provide updates and disclosures about the company.
Is Fortis Inc. a good investment choice?
Given its solid revenue, diversified operations, and commitment to shareholder returns, Fortis Inc. is often viewed as a stable investment within the utility sector, appealing to conservative investors.
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