Ms. Jocelyn Perry reports
NEWFOUNDLAND POWER DECLARES DIVIDENDS ON SERIES A, B, D AND G
FIRST PREFERENCE SHARES
Fortis Inc.'s Newfoundland Power Inc. has declared regular quarterly dividends on its Series A, B, D and G first-preference shares as follows:
- A dividend of 13.75 cents per share on the issued and outstanding 5-1/2-per-cent cumulative redeemable first-preference shares, Series A, of the company for the quarter ending July 31, 2013, be and is hereby declared payable on Aug. 1, 2013, to the Series A first-preference shareholders of record at the close of business on July 12, 2013;
- A dividend of 13.125 cents per share on the issued and outstanding 5-1/4-per-cent cumulative redeemable first-preference shares, Series B, of the company for the quarter ending July 31, 2013, be and is hereby declared payable on Aug. 1st, 2013, to the Series B first-preference shareholders of record at the close of business on July 12, 2013;
- A dividend of 18.125 cents per share on the issued and outstanding 7-1/4-per-cent cumulative redeemable first-preference shares, Series D, of the company for the quarter ending Aug. 31, 2013, be and is hereby declared payable on Sept. 3, 2013, to the Series D first-preference shareholders of record at the close of business on Aug. 16, 2013;
- A dividend of 19 cents per share on the issued and outstanding 7.60-per-cent cumulative redeemable first-preference shares, Series G, of the company for the quarter ending June 30, 2013, be and is hereby declared payable on July 2, 2013, to the Series G first-preference shareholders of record at the close of business June 14, 2013;
- The dividends hereby declared payable be and are hereby designated as eligible dividends within the meaning of S.89(1) of the Income Tax Act (Canada).
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