FTS
Regulated utility
Preferred Shares
7
Credit Rating
P-1
Avg Yield
5.37%
Avg Price
$22.96
Fortis Inc (FTS) has 7 preferred share series outstanding on the Toronto Stock Exchange — 4 five-year rate resets, 2 perpetuals, 1 floating-rate series. The median trailing indicated yield across the cohort is 5.40%, with FTS.PR.G the highest-yielding series at 6.02% and FTS.PR.I the lowest-priced at $19.90. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
The reset calendar is a practical lens on this issuer: 4 of the active series are five-year rate resets, and the next scheduled repricings are FTS.PR.G on Sep 1, 2028; FTS.PR.K on Mar 1, 2029; FTS.PR.M on Dec 1, 2029. At each reset the dividend reprices to the 5-year Government of Canada benchmark plus the spread fixed in the series' terms, and holders may elect a floating-rate sibling where the terms provide one.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.