Dividend increase #40 of 2025 : Emera Inc.

Emera Incorporated (TSX:EMA:CA) declared CAD 0.7325/share quarterly dividend, 1% increase from prior dividend of CAD 0.7250. Dividend is payable on November 14th for shareholders of on record of October 31st. Ex-dividend dat on October 31.

New purchase : Emera Inc.

Added 12 shares of Emera Inc. (TSE:EMA) at CAD 52.52 per share. I now hold 113 shares of Emera Inc.

Dividend increase #37 of 2024 : Emera Inc.

Emera Inc. (TSX: EMA) today announced that its Board of Directors approved a 1% increase in the 

annual common share dividend, raising it to $2.90 from $2.87 per common share. This marks the 18 th consecutive year of dividend growth, underscoring Emera’s commitment to delivering value to its shareholders.

“Today’s dividend increase is evidence of our dedication to our shareholders and to the financial resilience of Emera,” said Scott Balfour, President and CEO of Emera Inc. “The continued growth in our dividend rate is fueled by our confidence in achieving a targeted 5-7% average annual adjusted EPS  growth through 2027. It reflects our strategic focus on sustainable financial performance and long-term stability.”

New purchase : Emera Inc.

Added 20 shares of Emera Inc. (TSE:EMA) at CAD 45.78 per share. I now hold 101 shares of Emera Inc.

Dividend increase #39 of 2023 : Emera Inc.

Emera Inc. (TSX:EMA) declared a dividend of CAD 0.7175 per share. This is a 4% increase of the dividend of previous quarter.

Dividend increase #46 of 2022 : Emera Inc.

Board of Directors of Emera Inc. (TSX: EMA) approved an increase in the annual common share dividend to $2.76 from $2.65 per common share and extended its dividend growth rate target of four to five per cent through 2025.

“Our strategy remains focused on executing on our clean energy commitments that will deliver value for our customers and in doing so will create value for our shareholders.” said Scott Balfour, President and CEO of Emera Inc. “Today’s dividend increase and the extension of our dividend growth guidance of four to five percent through 2025 reflect the confidence we have in our portfolio of high-quality regulated utilities and their ability to drive earnings and cash flow growth.” 

New purchase : Emera Inc.

Added 14 shares of Emera Inc (TSE:EMA) at $60.91 per share. I now hold 65 shares of Emera Inc.

New purchase : Emera Inc.

Added 13 shares of Emera Inc. (TSE:EMA) at CAD 64.41 per share. I now hold 51 shares of Emera Inc.

New purchase : Emera Inc.

Added 10 shares of Emera Inc. (TSE:EMA) at CAD 59.5 per share. I now hold 38 shares of Emera Inc.

Dividend increase #29 of 2021 : Emera Inc.

 Board of Directors of Emera Inc. (TSX: EMA) approved an increase in the annual common share dividend to $2.65 from $2.55 per common share and extended its dividend growth rate target of four to five per cent through to 2024.

"We continue to see opportunity for growth as we execute on our strategy of investing in a lower carbon energy transition that is affordable and reliable for our customers," said Scott Balfour, President and CEO of Emera Inc. "These investments are expected to continue to drive cash flow and EPS growth, which supports the increase in our dividend for 2022 and the extension of our dividend growth target of four to five percent through 2024."

New purchase : Emera Inc.

Added 8 shares of Emera Inc (TSE:EMA) at CAD 58.85 per share. I now hold 28 shares of Emera Inc.

New purchase : Emera Inc.

Added 10 shares of Emera Inc (TSE:EMA) at CAD 58.05 per share. I now hold 20 shares of Emera Inc.

New purchase : Emera Inc.

Started a new position in portfolio with purchase of 10 shares of Emera Inc. (TSE:EMA).

Emera Inc. is a Canada-based energy and services company. The Company invests in electricity generation, transmission and distribution and gas transmission and distribution. Its segments include Florida Electric Utility, which consists of Tampa Electric, an electric utility; Canadian Electric Utilities, which includes Nova Scotia Power Inc., an electric utility and Emera Newfoundland & Labrador Holdings Inc., consisting of two transmission investments; Other Electric Utilities, which includes Emera (Caribbean) Incorporated, an holding company with regulated electric utilities that include The Barbados Light & Power Company Limited and Grand Bahama Power Company Limited, and Gas Utilities and Infrastructure, which includes Peoples Gas System, New Mexico Gas Company, Inc., SeaCoast Gas Transmission, LLC and Emera Brunswick Pipeline Company Limited.

Emera Inc. pays dividend with 2-5-8-11 schedule and my starting yield of cost is around 4.50%