HALIFAX, Nova Scotia--(BUSINESS WIRE)--On September 30, 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 November 15, 2016 to common shareholders of record at the close of business on November 1, 2016; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after November 15, 2016 to Series A First Preferred shareholders of record at the close of business on November 1, 2016; a quarterly dividend of $0.1457 per Series B First Preferred Share payable on and after November 15, 2016 to Series B First Preferred shareholders of record at the close of business on November 1, 2016; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after November 15, 2016 to Series C First Preferred shareholders of record at the close of business on November 1, 2016; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after November 15, 2016 to Series E First Preferred shareholders of record at the close of business on November 1, 2016; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after November 15, 2016 to Series F First Preferred shareholders of record at the close of business on November 1, 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, 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.
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.