Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividend
HALIFAX, Nova Scotia--(BUSINESS WIRE)--On July 4, 2014 the Board of Directors of Nova Scotia Power Inc. (TSX: NSI.PR.D) approved a quarterly dividend of $0.36875 per Nova Scotia Power Incorporated Series D First Preferred Share payable on and after October 15, 2014 to Series D preferred shareholders of record October 1, 2014.
Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Nova Scotia Power Inc. hereby notifies its Series D preferred shareholders that such dividends declared qualify as eligible dividends.
About Nova Scotia Power
Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a geographically diverse energy and services company headquartered in Halifax, Nova Scotia. Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to 502,000 residential, commercial, and industrial customers in the province. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has 1,700 employees and $4.3 billion in assets. Learn more at www.nspower.ca.