HALIFAX, Nova Scotia--(BUSINESS WIRE)--
On July 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 $0.5225 per common share payable on and after
August 15, 2016 to common shareholders of record at the close of
business on July 22, 2016; a quarterly dividend of $0.1597 per Series A
First Preferred Share payable on and after August 15, 2016 to Series A
First Preferred shareholders of record at the close of business on July
22, 2016; a quarterly dividend of $0.1449 per Series B First Preferred
Share payable on and after August 15, 2016 to Series B First Preferred
shareholders of record at the close of business on July 22, 2016; a
quarterly dividend of $0.25625 per Series C First Preferred Share
payable on and after August 15, 2016 to Series C First Preferred
shareholders of record at the close of business on July 22, 2016; a
quarterly dividend of $0.28125 per Series E First Preferred Share
payable on and after August 15, 2016 to Series E First Preferred
shareholders of record at the close of business on July 22, 2016; and a
quarterly dividend of $0.265625 per Series F First Preferred Share
payable on and after August 15, 2016 to Series F First Preferred
shareholders of record at the close of business on July 22, 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 $27.5 billion
in assets and 2015 pro-forma revenues of $6.3 billion. The company
invests in electricity generation, transmission and distribution, as
well as gas transmission and distribution, and utility energy services
with a strategic focus on transformation from high carbon to low carbon
energy sources. Emera has investments throughout North America, and in
four Caribbean countries. Emera continues to target having 75-85% of its
adjusted earnings come from rate-regulated businesses. Emera’s 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 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/20160708005394/en/
Emera Inc.
Greg Blunden, 902-428-6040
Chief Financial Officer
or
Scott
LaFleur, 902-428-6375
Manager, Investor Relations
Source: Emera Inc.