Fortis Inc. Announces First Quarter Dividends - 2019

11/28/2018 13:00 EST

ST. JOHN'S, Newfoundland and Labrador, Nov. 28, 2018 (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, 2019 to the Shareholders of Record at the close of business on February 15, 2019;
  2. $0.2745625 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019;
  3. $0.15625 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019;
  4. $0.199 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019;
  5. $0.2969 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019;
  6. $0.2500 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019; 
  7. $0.25625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019; and
  8. $0.45 per share on the Common Shares of the Corporation, payable on March 1, 2019 to the Shareholders of Record at the close of business on February 15, 2019.

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 leader in the North American regulated electric and gas utility industry with 2017 revenue of C$8.3 billion and total assets of C$50 billion as at September 30, 2018. The Corporation's 8,500 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://resource.globenewswire.com/Resource/Download/eadb19dd-88fe-4da9-a7bf-647a07583139

Investor Enquiries:

Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
investorrelations@fortisinc.com

Media Enquiries:

Ms. Karen McCarthy
Vice President, Communications and Corporate Affairs
Fortis Inc.
709.737.5323
media@fortisinc.com


Copyright 2017 Fortis Inc. All rights reserved.