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Home Business News Emera Approves Increase in Common Dividend

Emera Approves Increase in Common Dividend

HALIFAX, Nova Scotia–()–On September 16, 2020 the Board of Directors of Emera Inc. (TSX: EMA) approved an increase in the annual common share dividend to $2.55 from $2.45 per common share and reaffirmed its dividend growth rate target of four to five per cent through to 2022.

“Emera’s overall business continues to perform well despite the challenges of the global COVID-19 pandemic,” said Scott Balfour, President and CEO of Emera Inc. “We are pleased to be in a position to increase our dividend at a level consistent with our target growth rate, and to reaffirm our dividend growth rate target of four to five percent through to 2022.”

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