Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - Emera Approves Increase in Common Dividend - Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - InvestorVillage


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Msg  113295 of 113464  at  9/20/2023 4:14:50 PM  by

shotski


Emera Approves Increase in Common Dividend

Emera Approves Increase in Common Dividend

T.EMA | 14 minutes ago

On September 20, 2023 the Board of Directors of Emera Inc. (TSX: EMA) approved an increase in the annual common share dividend to $2.87 from $2.76 per common share and extended its dividend growth rate target of four to five per cent through 2026.

“Today’s dividend increase is in line with our dividend growth rate target of four to five per cent and reflects our continued confidence in our assets, our strategy and the strength of our business,” said Scott Balfour, President and CEO of Emera Inc. “We remain focused on executing a balanced energy transition that drives value for our customers and generates reliable returns for our shareholders.”

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