HALIFAX, Nova Scotia--(BUSINESS WIRE)--On April 7, 2017 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 May 15, 2017 to common shareholders of record at the close of business on May 1, 2017; a quarterly dividend of $0.1597 per Series A First Preferred Share payable on and after May 15, 2017 to Series A First Preferred shareholders of record at the close of business on May 1, 2017; a quarterly dividend of $0.1414 per Series B First Preferred Share payable on and after May 15, 2017 to Series B First Preferred shareholders of record at the close of business on May 1, 2017; a quarterly dividend of $0.25625 per Series C First Preferred Share payable on and after May 15, 2017 to Series C First Preferred shareholders of record at the close of business on May 1, 2017; a quarterly dividend of $0.28125 per Series E First Preferred Share payable on and after May 15, 2017 to Series E First Preferred shareholders of record at the close of business on May 1, 2017; and a quarterly dividend of $0.265625 per Series F First Preferred Share payable on and after May 15, 2017 to Series F First Preferred shareholders of record at the close of business on May 1, 2017.
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 $29 billion in assets and 2016 revenues of more than $4
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.