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 Jan. 31, 2015, be and it is hereby declared
payable on Feb. 3, 2015, to the Series A first-preference shareholders
of record at the close of business on Jan. 16, 2015;
- 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 Jan. 31, 2015, be and it is hereby declared
payable on Feb. 3, 2015, to the Series B first-preference shareholders
of record at the close of business on Jan. 16, 2015;
- 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 Feb. 28, 2015, be and it is hereby declared
payable on March 3, 2015, to the Series D first-preference shareholders of
record at the close of business on Feb. 13, 2015;
- 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 Dec. 31, 2014, be and it is hereby declared
payable on Jan. 2, 2015, to the Series G first-preference shareholders
of record at the close of business on Dec. 19, 2014;
- The dividends hereby declared payable be and are hereby designated as
eligible dividends within the meaning of Section 89(1) of the Income Tax Act
(Canada).
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