Fortis' Preference Series F Shares Cross 5% Yield Mark

In trading on Friday, shares of Fortis Inc.'s First Preference Shares, Series F (Toronto: FTS-PRF) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.2252), with shares changing hands as low as $24.40 on the day. As of last close, FTS.PRF was trading at a 1.60% discount to its liquidation preference amount.