Fortis Inc. Announces First Quarter Dividends

Core Points - Fortis Inc. has declared dividends for various preference shares and common shares, payable on March 1, 2025, to shareholders of record as of February 18, 2025 [2] - The declared dividends include $0.3063 per share for Series "F", $0.3826875 for Series "G", $0.11469 for Series "H", $0.313952 for Series "I", $0.2969 for Series "J", $0.3418125 for Series "K", $0.3433125 for Series "M", and $0.615 for Common Shares [2] - The dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes [3] Company Overview - Fortis is a leading diversified company in the North American regulated electric and gas utility industry, with 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024 [4] - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [4] - Fortis shares are listed on both the TSX and NYSE under the symbol FTS [4]