Emera Incorporated (EMA) to Issue Quarterly Dividend of $0.74 on November 13th

Emera Incorporated (TSE:EMA) announced a quarterly dividend on Friday, October 30th. Shareholders 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 yield of 4.3%. The ex-dividend date is Friday, October 30th. This is a 1.0% increase from Emera’s previous quarterly dividend of $0.7325.

Emera Trading Up 0.5%

Shares of Emera stock opened at C$68.89 on Wednesday. The company’s 50-day moving average price is C$68.28 and its 200-day moving average price is C$71.01. The company has a current ratio of 0.73, a quick ratio of 0.23 and a debt-to-equity ratio of 153.87. Emera has a 12-month low of C$64.62 and a 12-month high of C$77.99. The company has a market cap of C$21.07 billion, a price-to-earnings 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 earnings per share for the quarter. The company had revenue of C$2.01 billion for the quarter. Emera had a return on equity of 7.51% and a net margin of 12.85%. On average, equities analysts expect that Emera will post 3.20 earnings per share for the current fiscal 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.