First Preference Shares
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Fortis Inc. Announces First Quarter Dividends – 2026
Globenewswire· 2025-12-04 22:43
Core Insights - Fortis Inc. has declared dividends payable on March 1, 2026, for various classes of shares, with specific amounts designated for each type [2][4] - The common share dividend and preference share dividends are eligible for federal and provincial dividend tax credits [2] - Fortis reported a revenue of $12 billion for 2024 and total assets of $75 billion as of September 30, 2025 [3] Dividend Details - The declared dividends include: - $0.64 per share on Common Shares - $0.3063 per share on First Preference Shares, Series "F" - $0.3826875 per share on First Preference Shares, Series "G" - $0.26144 per share on First Preference Shares, Series "H" - $0.232890 per share on First Preference Shares, Series "I" - $0.2969 per share on First Preference Shares, Series "J" - $0.3418125 per share on First Preference Shares, Series "K" - $0.3433125 per share on First Preference Shares, Series "M" [4] Company Overview - Fortis is a diversified leader in the North American regulated electric and gas utility industry, serving utility customers across five Canadian provinces, ten U.S. states, and the Caribbean [3] - The company employs approximately 9,600 individuals [3] - Fortis shares are traded on the TSX and NYSE under the symbol FTS [3]
Sonor Investments Limited Reports Second Quarter Financial Results
Globenewswire· 2025-08-14 17:01
Core Viewpoint - Sonor Investments Limited reported significant financial growth for the six months ended June 30, 2025, with substantial increases in revenue and income compared to the same period in 2024 [1][2]. Financial Performance - Revenue for the six months ended June 30, 2025, reached $1,487,000, a 121.5% increase from $669,000 in 2024 [2]. - Income before taxes for the same period was $1,109,000, compared to $322,000 in 2024, indicating a significant improvement [2]. - For the three months ended June 30, 2025, revenue was $965,000, up from $55,000 in 2024, marking a 1,654.5% increase [2]. Asset Overview - As of June 30, 2025, the company's total assets amounted to $61 million, which included $12 million in marketable securities, $35.6 million in private investments, and $13.4 million in cash and cash equivalents [2][3]. Investment Gains - The company recorded an unrealized gain of $898,000 during the six months ended June 30, 2025, compared to an unrealized loss of $501,000 for the same period in 2024, primarily due to appreciation in equity investments [3]. Dividend Declaration - An eligible dividend of $11,989,541.20 has been declared payable on August 19, 2025, to common shareholders [4]. Auditor Change - The company has changed its auditor from Deloitte LLP to Doane Grant Thornton LLP effective August 14, 2025, following the resignation of the former auditor at the company's request [5][6]. - There have been no reportable events in the former auditor's reports for the last two financial years [6]. Compliance and Reporting - The Notice of Change of Auditor and required letters from both the former and successor auditors have been reviewed and filed in accordance with National Instrument 51-102 [7].