HALIFAX, Nova Scotia--(BUSINESS WIRE)--
On April 8, 2016 the Board of Directors of Emera Inc. (TSX: EMA,
EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F) approved a
quarterly dividend of $0.475 per common share payable on and after May
16, 2016 to common shareholders of record at the close of business on
May 2, 2016; a quarterly dividend of $0.1597 per Series A First
Preferred Share payable on and after May 16, 2016 to Series A First
Preferred shareholders of record at the close of business on May 2,
2016; a quarterly dividend of $0.1393 per Series B First Preferred Share
payable on and after May 16, 2016 to Series B First Preferred
shareholders of record at the close of business on May 2, 2016; a
quarterly dividend of $0.25625 per Series C First Preferred Share
payable on and after May 16, 2016 to Series C First Preferred
shareholders of record at the close of business on May 2, 2016; a
quarterly dividend of $0.28125 per Series E First Preferred Share
payable on and after May 16, 2016 to Series E First Preferred
shareholders of record at the close of business on May 2, 2016; and a
quarterly dividend of $0.265625 per Series F First Preferred Share
payable on and after May 16, 2016 to Series F First Preferred
shareholders of record at the close of business on May 2, 2016.
Pursuant to the Income Tax Act (Canada) and corresponding provincial
legislation, Emera Inc. hereby notifies its common shareholders, its
Series A First Preferred shareholders, its Series B First Preferred
shareholders; its Series C First Preferred shareholders; its Series E
First Preferred shareholders; and its Series F First Preferred
shareholders that such dividends declared qualify as eligible dividends.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company
headquartered in Halifax, Nova Scotia with approximately $12 billion in
assets and 2015 revenues of $2.79 billion. The company invests in
electricity generation, transmission and distribution, as well as gas
transmission and utility energy services. Emera's strategy is focused on
the transformation of the electricity industry to cleaner generation and
the delivery of that clean energy to market. Emera has investments
throughout northeastern North America, and in four Caribbean countries.
Emera continues to target having 75-85% of its adjusted earnings come
from rate-regulated businesses. Emera common and preferred shares are
listed on the Toronto Stock Exchange and trade respectively under the
symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F and the
instalment receipts are listed and trade under the symbol EMA.IR.
Depositary receipts representing common shares of Emera are listed on
the Barbados Stock Exchange under the symbol EMABDR. Additional
Information can be accessed at www.emera.com
or at www.sedar.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160408005462/en/
Emera Inc.
Greg Blunden, 902-428-6040
Chief Financial Officer
or
Scott
LaFleur, 902-428-6375
Manager, Investor Relations
Source: Emera Inc.