Why Does Emera Continue Its Quarterly Dividend Strategy?

October 11, 2024 05:55 PM EDT | By Team Kalkine Media
 Why Does Emera Continue Its Quarterly Dividend Strategy?
Image source: Shutterstock

Highlights

  • Emera Inc. operates in the utilities sector, providing services such as electricity and natural gas.
  • Quarterly dividends were declared for common shares and various series of shares, payable starting November 15, 2024.
  • Emera's dividends are eligible under Canadian tax rules.

Emera Inc. (TSX:EMA) is a key player in the utilities sector, providing essential electricity and natural gas services to a wide range of customers. Companies in this sector typically focus on ensuring reliable service, supporting communities in their daily energy needs. Emera has been working to expand its energy infrastructure while also exploring more sustainable options for the future.

Quarterly Dividend Announcement

Emera Inc.'s Board of Directors recently announced dividends for its common shares and several series of shares. These dividends will be distributed to shareholders who are on record by the close of business on November 1, 2024, with payments beginning on and after November 15, 2024.

Dividends for Common Shares

Emera’s common shares reflect the company’s consistent approach to dividend distribution, aligning with its history of regular payments in the utilities sector. The upcoming payout further highlights the company’s stability in rewarding shareholders.

Multiple Series of Shares

Emera Inc. has issued various series of shares, each with distinct dividend rates. The company maintains a broad range of shares, offering diverse options for stakeholders. The announced dividends cater to different series, reflecting the company’s structured distribution policy.

Tax Rules for Shareholders

The dividends declared by Emera qualify under Canadian tax laws. This information helps shareholders to understand their tax obligations regarding the dividends they receive, which may offer specific benefits under existing regulations.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.