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| Fortis' Preference Shares, Series G, Cross 6% Yield MarkBy Preferred Stock Channel Staff, Wednesday, September 20, 2:14 PM ET
In trading on Wednesday, shares of Fortis Inc's Cumulative Redeemable Five Year Fixed Rate Reset First Preference Shares, Series G (TSE:FTS.PRG.CA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.0982), with shares changing hands as low as $18.29 on the day. As of last close, FTS.PRG.CA was trading at a 26.56% discount to its liquidation preference amount. The chart below shows the one year performance of FTS.PRG.CA shares, versus FTS.CA:
Below is a dividend history chart for FTS.PRG.CA, showing historical dividend payments on Fortis Inc's Cumulative Redeemable Five Year Fixed Rate Reset First Preference Shares, Series G:
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter In Wednesday trading, Fortis Inc's Cumulative Redeemable Five Year Fixed Rate Reset First Preference Shares, Series G (TSE:FTS.PRG.CA) is currently down about 0.2% on the day, while the common shares (TSE:FTS.CA) are up about 0.3%.
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