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Fortis Inc. (FTS)

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40.79-0.02 (-0.05%)
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  • Fortis Inc. Announces First Quarter Dividends - 2021
    GlobeNewswire

    Fortis Inc. Announces First Quarter Dividends - 2021

    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: 1. $0.3063 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;   2. $0.2745625 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;   3. $0.11469 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;   4. $0.094685 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;   5. $0.2969 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;   6. $0.2455625 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;   7. $0.2445625 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   8. $0.505 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 $8.8 billion and total assets of $56 billion as at September 30, 2020. The Corporation's 9,000 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.A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/86346561-af27-4296-8953-5e49687967c1For 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

  • Moody's

    FortisBC Energy (Vancouver Island) Inc. -- Moody's affirms FortisBC utilities; outlooks stable

    Moody's Investors Service, ("Moody's") today affirmed the ratings of FortisBC Energy Inc. (FEI, A3 senior unsecured) and FortisBC Inc (FBC, Baa1 senior unsecured) The outlooks remain stable. "Both FortisBC Energy and FortisBC continue to operate in a credit supportive regulatory environment most recently evidenced by a June 2020 decision[1] that establishes rate setting over the 2020-2024 period, providing for stability and visibility into future cash flows," VP-Senior Credit Officer, Gavin MacFarlane. "While financial metrics will remain weak for the ratings, we expect that both companies will continue to earn their allowed return on equity."