Fortis Inc. Announces Third Quarter Dividends for 2024

ST. JOHN'S, Newfoundland and Labrador — Fortis Inc. FTS, a leading utility company with operations in Canada, the United States, and various Caribbean countries, has announced its third-quarter dividends for the year 2024. This key financial update comes on the back of consistent performance and steady growth in the company's operations across its diversified portfolio of assets.

Strategic Growth and Financial Stewardship

Known for its robust approach to strategic growth and financial stewardship, Fortis Inc. has been a stalwart in the utility sector, delivering reliable gas and electric services to a broad customer base. The company, with its headquarters settled in the historic city of St. John's, Canada, prides itself on its commitment to sustainability and customer service excellence.

Fiscal Announcement and Investor Information

The announcement made on July 30, 2024, serves as a 'Designated News Release' and should be noted by investors and market analysts. The specified dividends are also incorporated by reference within the prospectus supplement dated September 19, 2023, as per the information outlined in Fortis' short-form base shelf prospectus dated November 21, 2022. This strategic financial practice demonstrates Fortis Inc.'s adherence to regulatory requirements and transparency in its investor communications.

As FTS continues to invest in infrastructure and innovative projects, stakeholders can anticipate ongoing updates regarding the company's financial health and strategic direction. The management team at Fortis Inc. believes in long-term value creation for its shareholders and is dedicated to maintaining a strong dividend payment track record.

Investment, Utility, Dividends