6-K
Fortis Inc. (FTS)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2024
Commission File Number: 001-37915
Fortis Inc.
Fortis Place, Suite 11005 Springdale StreetSt. John's, Newfoundland and LabradorCanada, A1E 0E4
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☐ Form 40-F ☒
EXHIBITS
| Exhibit | Description |
|---|---|
| 99.1 | Fortis Inc. Press Release, dated February 8, 2024. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Fortis Inc.<br><br>(Registrant) | ||
|---|---|---|
| Date: February 8, 2024 | /s/ James R. Reid | |
| By: | James R. Reid | |
| Title: | Executive Vice President, Sustainability and Chief Legal Officer |
Exhibit 99.1
St. John's, NL – February 8, 2024
FORTIS INC. ANNOUNCES SECOND QUARTER DIVIDENDS – 2024
This news release constitutes a "Designated News Release"incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November21, 2022.
The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends payable on June 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on May 17, 2024:
| · | $0.3063 per share on the First Preference Shares, Series "F"; |
|---|---|
| · | $0.3826875 per share on the First Preference Shares, Series "G"; |
| --- | --- |
| · | $0.11469 per share on the First Preference Shares, Series "H"; |
| --- | --- |
| · | $0.408392 per share on the First Preference Shares, Series "I"; |
| --- | --- |
| · | $0.2969 per share on the First Preference Shares, Series "J"; |
| --- | --- |
| · | $0.3418125 per share on the First Preference Shares, Series "K", provided that if no such Series<br>“K” shares are outstanding on such date as a result of the exercise of Shareholders of their right to convert Series “K”<br>shares into Cumulative Redeemable Floating Rate First Preference Shares, Series “L” of the Corporation effective March 1,<br>2024 (the “Conversion Right”), no such dividend shall be payable; |
| --- | --- |
| · | $0.4462000 per share on the First Preference Shares, Series “L”, provided that if no such<br>Series “L” shares are issued on March 1, 2024 pursuant to the Conversion Right, no such dividend shall be payable; |
| --- | --- |
| · | $0.2445625 per share on the First Preference Shares, Series "M"; and, |
| --- | --- |
| · | $0.59 per share on the Common Shares. |
| --- | --- |
The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes. All amounts are given in Canadian dollars unless otherwise indicated.
About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2022 revenue of $11 billion and total assets of $66 billion as at September 30, 2023. The Corporation's 9,200 employees serve utility customers in five Canadian provinces, ten U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedarplus.ca, or www.sec.gov.
For more information, please contact:
| Investor Enquiries<br><br> Ms. Stephanie Amaimo<br><br> Vice President, Investor Relations<br><br> Fortis Inc.<br><br> 248.946.3572<br><br> investorrelations@fortisinc.com | Media Enquiries<br><br> Ms. Karen McCarthy<br><br> Vice President, Communications & Government Relations<br><br> Fortis Inc.<br><br> 709.737.5323<br><br> media@fortisinc.com |
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