HALIFAX, Nova Scotia--(BUSINESS WIRE)--On November 5, 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 January 15, 2015, to Series D preferred shareholders of record January 2, 2015.
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 is a fully integrated electric utility and the primary electricity supplier in Nova Scotia, Canada, and provides generation, transmission and distribution services to approximately 501,000 customers. 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 $4.2 billion in assets.