Business
Emera Announces Increase in Common Dividend
Emera Inc. (TSX: EMA) today announces that its Board of Directors have approved an increase in th...
About this update from Emera Incorporated
[{"type":"text","content":"Emera Announces Increase in Common Dividend\n\n\n\n\n\n\n Emera Inc. (TSX: EMA) today announces that its Board of Directors have approved an increase in the company’s quarterly dividend on its common share to $0.7325 per share. The new quarterly dividend represents an annualized dividend of $2.93, a 1% increase from the previous annual dividend of $2.90 per share.\n \n\n “Today’s increase marks our 19\n \n th\n \n consecutive year of growing our dividend and reflects our continued focus on delivering stable and sustainable returns to our shareholders,” said Scott Balfour, President and CEO of Emera Inc. “Our continued dividend growth is supported by our forecasted 7-8% rate base growth through 2029 and 5-7% average adjusted earnings per share\n \n 1\n \n growth target through 2027.”\n \n\n Emera continues to prioritize the enhancement of shareholder value through disciplined financial management and a robust growth strategy.\n \n\n\n Non-GAAP Financial Measures and Ratios\n \n\n\n\n 1\n \n Emera uses financial measures that do not have standardized meaning under USGAAP and may not be comparable to similar measures presented by other entities. Emera calculates the non-GAAP measures and ratios by adjusting certain GAAP measures for specific items. Management believes excluding these items better distinguishes the ongoing operations of the business. For further information on the non-GAAP financial measure, adjusted net income, and the non-GAAP ratio, adjusted EPS – basic, refer to the \"Non-GAAP Financial Measures and Ratios\" section of Emera’s Q2 2025 MD&A which is incorporated herein by reference and can be found on SEDAR+ at\n \n www.sedarplus.ca\n \n or on EDGAR at\n \n www.sec.gov\n \n .\n \n\n\n Forward Looking Information\n \n\n\n This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking information”), including without limitation, statements about statements about the Company’s expectations regarding future growth, including expectations about 7% to 8% rate base growth, results of operations, performance and annual dividend growth. Forward-looking information is typically identified by words such as “anticipate,” “e...