Emera Incorporated (TSE:EMA) Declares Quarterly Dividend of $0.74

Emera Incorporated (TSE:EMA) announced a quarterly dividend on Friday, October 30th. Investors of record on Friday, November 13th will be paid a dividend of $0.74 per share on Friday, November 13th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, October 30th. This is a 1.0% increase from Emera’s previous quarterly dividend of $0.7325.

Emera Price Performance

EMA opened at C$68.89 on Wednesday. The business has a fifty day moving average of C$68.28 and a 200 day moving average of C$71.01. Emera has a 52-week low of C$64.62 and a 52-week high of C$77.99. The company has a quick ratio of 0.23, a current ratio of 0.73 and a debt-to-equity ratio of 153.87. The stock has a market cap of C$21.07 billion, a P/E ratio of 21.87, a PEG ratio of 6.20 and a beta of 0.42.

Emera (TSE:EMA) last announced its quarterly earnings data on Friday, August 7th. The company reported C$0.69 EPS for the quarter. Emera had a return on equity of 7.51% and a net margin of 12.85%. The company had revenue of C$2.01 billion for the quarter. As a group, sell-side analysts anticipate that Emera will post 3.20 EPS for the current year.

Emera Company Profile

Emera (TSX/NYSE: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, with investments in regulated electric and natural gas utilities, and related businesses and assets. The Emera family of companies delivers safe, reliable energy to approximately 2.7 million customers in the United States, Canada and the Caribbean. Our team of 7,800 employees is committed to our purpose of energizing modern life and delivering a cleaner energy future for all. Emera’s common and preferred shares are listed and trade on the Toronto Stock Exchange and its common shares are listed and trade on the New York Stock Exchange.