{"id":40829,"date":"2020-05-08T23:47:31","date_gmt":"2020-05-09T04:47:31","guid":{"rendered":"http:\/\/prefblog.com\/?p=40829"},"modified":"2020-05-08T23:47:31","modified_gmt":"2020-05-09T04:47:31","slug":"fts-pr-h-to-reset-at-1-835","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40829","title":{"rendered":"FTS.PR.H To Reset At 1.835%"},"content":{"rendered":"<p>Fortis Inc. has announced (although only on its <a href=\"https:\/\/www.fortisinc.com\/investor-relations\/share-information#preference-shares\">share information page<\/a>, not as a press release because these people really are useless):<\/p>\n<blockquote><p>On June 1, 2020, the quarterly dividend rate to be paid on each Series H Preference share will decrease to $0.11469 from $0.15625, translating into a decrease in the annual dividend rate per share to $0.45876 from $0.6250, due to the reset of the annual dividend on June 1, 2020, under the dividend rate reset provisions applicable to this series.<\/p><\/blockquote>\n<p>FTS.PR.H was issued a FixedReset, 4.25%+145, that <a href=\"http:\/\/prefblog.com\/?p=9521\">commenced trading 2010-1-26<\/a> after being <a href=\"http:\/\/www.prefblog.com\/?p=9336\">announced 2010-1-11<\/a>. In 2015 it <a href=\"http:\/\/prefblog.com\/?p=28969\">reset to 2.50% amid great secrecy<\/a> as they prefer to maintain <a href=\"http:\/\/prefblog.com\/?p=29007\">selective disclosure through the old boys&#8217; club<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fortis Inc. has announced (although only on its share information page, not as a press release because these people really are useless): On June 1, 2020, the quarterly dividend rate to be paid on each &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,13],"tags":[],"class_list":["post-40829","post","type-post","status-publish","format-standard","hentry","category-better-communication-please","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40829"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40829\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}