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Fortis Inc. Announces Dividends for Shareholders

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Fortis Inc. Announces Dividends for Shareholders

Fortis (TSE:FTS) has released an update.

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Fortis Inc. has declared dividends for its shareholders, announcing varied dividend rates for its First Preference Shares, Series F through M, and its Common Shares, effective September 1, 2024. The company, a leading North American utility with substantial revenues and assets, has also designated these dividends as eligible for tax credit purposes. This move reflects Fortis’ commitment to shareholder returns and its strong financial position.

For further insights into TSE:FTS stock, check out TipRanks’ Stock Analysis page.

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