Emera Incorporated (TSE:EMA) to Issue $0.73 Quarterly Dividend

Emera Incorporated (TSE:EMA) announced a quarterly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be given a dividend of 0.7325 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, July 31st.

Emera Stock Performance

Shares of TSE:EMA opened at C$76.81 on Wednesday. The company has a market cap of C$23.50 billion, a P/E ratio of 23.49, a P/E/G ratio of 6.20 and a beta of 0.57. The stock’s 50-day moving average is C$74.37 and its 200-day moving average is C$71.87. Emera has a 52-week low of C$63.17 and a 52-week high of C$77.99. The company has a debt-to-equity ratio of 168.83, a quick ratio of 0.23 and a current ratio of 1.07.

Emera (TSE:EMA) last posted its quarterly earnings data on Friday, May 8th. The company reported C$1.37 EPS for the quarter. Emera had a return on equity of 7.90% and a net margin of 13.20%.The business had revenue of C$2.81 billion for the quarter. Equities research analysts predict that Emera will post 3.1991627 earnings per share for the current year.

About Emera

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.