Ms. Donna Hynes reports
FORTIS INC. ANNOUNCES THIRD QUARTER DIVIDENDS-2015
Fortis Inc. has declared the following dividends:
-
30.63 cents per share on the first preference shares, Series E, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
- 30.63 cents per share on the first preference shares, Series F, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
-
24.27 cents per share on the first preference shares, Series G, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
-
15.625 cents per share on the first preference shares, Series H, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015, provided, for greater
certainty, that if no such Series H shares are outstanding on such
date as a result of the exercise by shareholders of their right to
convert Series H shares into cumulative redeemable floating-rate first
preference shares, Series I, of the corporation effective June 1, 2015, no such dividend shall be payable;
- 13.125 cents per share on the first preference shares, Series I, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015, provided, for greater
certainty, that if no such Series I shares are issued on June 1, 2015, pursuant to the conversion right, no such dividend shall be payable;
- 29.69 cents per share on the first preference shares, Series J, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
-
25 cents per share on the first preference shares, Series K, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
-
25.625 cents per share on the first preference shares, Series M, of the
corporation, payable on Sept. 1, 2015, to the shareholders of record
at the close of business on Aug. 19, 2015;
- 34 cents per share on the issued and outstanding fully paid common shares
of the corporation, payable on Sept. 1, 2015, to the common
shareholders of record at the close of business on Aug. 19, 2015.
Fortis has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
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