Fortis' Preference Shares, Series F Crosses Above 5% Yield Territory
In trading on Wednesday, shares of Fortis Inc's First Preference Shares, Series F (TSX: FTS-PRF.TO ) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.2252), with shares changing hands as low as $24.50 on the day. As of last close, FTS.PRF was trading at a 1.64% discount to its liquidation preference amount.
The chart below shows the one year performance of FTS.PRF shares, versus FTS:
Below is a dividend history chart for FTS.PRF, showing historical dividend payments on Fortis Inc's First Preference Shares, Series F: