Fortis Declares 0.2331 Quarterly Dividend on Series I Preferred Shares

Fortis declared a quarterly dividend of 0.2331 per Series I preferred share, with payment scheduled for Dec. 1. Shareholders of record Nov. 17 are eligible, and the shares go ex-dividend that day. The shares trade on the Toronto Stock Exchange under ticker FTS.PR.I:CA.

Fortis also raised its fourth-quarter common-share dividend by 4% to C$0.665 per share, payable Dec. 1. TokenPost previously covered the fourth-quarter common-share dividend increase.