On August 19, 2026, Fortis Inc.’s Cumulative Redeemable First Preference Shares, Series J (TSX: FTS-PRJ.TO) will trade ex-dividend for its quarterly dividend of $0.2969, payable on September 1, 2026. This dividend represents an approximate yield of 1.29% based on the recent share price of $23.08, translating to an annualized yield of about 5.15%.
Currently, FTS.PRJ is trading at a 7.68% discount to its liquidation preference amount. As of the last close, shares were trading flat, while common shares of Fortis Inc. (TSX: FTS.TO) saw a decrease of about 0.7%.
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