EX-99.1 2 exh_991.htm EXHIBIT 99.1

 

 

St. John's, NL – November 28, 2018

  

FORTIS INC. ANNOUNCES FIRST QUARTER DIVIDENDS - 2019

 

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.

 

END

 

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

 

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