Emera Approves Quarterly Dividend
08 Avril 2011 - 3:58PM
PR Newswire (Canada)
HALIFAX, April 8 /CNW/ -- TSX: EMA EMA.PR.A HALIFAX, April 8 /CNW/
- On April 8, 2011 the Board of Directors of Emera Inc. (TSX: EMA
EMA.PR.A) approved a quarterly dividend of $0.3250 per common share
payable on and after May 16, 2011 to common shareholders of record
at the close of business on May 2, 2011; and a quarterly dividend
of $0.2750 per Series A First Preferred Share payable on and after
May 16, 2011 to Series A First Preferred shareholders of record at
the close of business on May 2, 2011. Pursuant to the Income Tax
Act (Canada) and corresponding provincial legislation, Emera Inc.
hereby notifies its common shareholders and its Series A First
Preferred shareholders that such dividends declared qualify as
eligible dividends. About Emera Inc. Emera Inc. is a growing energy
and services company with $6.3 billion in assets and revenues of
$1.6 billion. The company invests in electricity generation,
transmission and distribution as well as gas transmission and
utility energy services. Emera's strategy is focused on the
transformation of the electricity industry to cleaner generation
and the delivery of the clean energy to market. Emera operates
throughout northeastern North America, in three Caribbean countries
and in California. More than 80% of the company's earnings come
from regulated investments. Emera shares are listed on the Toronto
Stock Exchange and trade under the symbol EMA. Additional
Information can be accessed at www.emera.com or www.sedar.com.
Nancy Tower, FCA, Chief Financial Officer, (902) 428-6991; Jill
MacDonald, CA, Manager, Investor Relations, (902) 428-6486
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