Fortis Inc. Announces Second Quarter Dividends

Core Viewpoint - Fortis Inc. has declared dividends for its shareholders, highlighting its financial stability and commitment to returning value to investors [2][5]. Group 1: Dividend Declaration - The Board of Directors of Fortis has declared dividends payable on June 1, 2026, to shareholders of record as of May 15, 2026 [2]. - The common share dividend and preference share dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes [2]. Group 2: Company Overview - Fortis is a diversified leader in the North American regulated electric and gas utility industry, with 2024 revenue of CAD 12 billion and total assets of CAD 75 billion as of September 30, 2025 [3]. - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and the Caribbean [3]. - Fortis shares are listed on the TSX and NYSE under the symbol FTS [3]. Group 3: Dividend Amounts - The declared dividends include: - CAD 0.3063 per share on the First Preference Shares, Series "F" - CAD 0.3826875 per share on the First Preference Shares, Series "G" - CAD 0.26144 per share on the First Preference Shares, Series "H" - CAD 0.224630 per share on the First Preference Shares, Series "I" - CAD 0.2969 per share on the First Preference Shares, Series "J" - CAD 0.3418125 per share on the First Preference Shares, Series "K" - CAD 0.3433125 per share on the First Preference Shares, Series "M" - CAD 0.64 per share on the Common Shares [5].