On May 15, 2026, Fortis Inc’s Cumulative Redeemable First Preference Shares, Series J (TSX: FTS-PRJ.TO) will trade ex-dividend for a quarterly dividend of $0.2969. The dividend, payable on June 1, 2026, represents approximately 1.31% of FTS.PRJ’s recent share price of $22.66. This equates to an annualized yield of around 5.25%.
As of the last trading session, FTS.PRJ shares were trading at a 9.56% discount to their liquidation preference amount. On May 11, 2026, the shares saw a slight increase of about 0.2%, while the common shares (TSX: FTS.TO) decreased by approximately 0.4%.
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