Business
Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividends
Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividends.
About this update from Emera Incorporated
[{"type":"text","content":"\n\n\n\nTSX: NSI.PR.C\n NSI.PR.D\n\n\nHALIFAX, April 27 /CNW/ - The Board of Directors of Nova Scotia\nPower Inc. approved a quarterly dividend of $0.30625 per Nova Scotia Power\nIncorporated Series C First Preferred Share for the quarter ending June 30,\n2007, payable on and after July 1, 2007 to Series C preferred shareholders of\nrecord June 15, 2007; and a quarterly dividend of $0.36875 per Nova Scotia\nPower Incorporated Series D First Preferred Share for the quarter ending\nJune 30, 2007 payable on and after July 15, 2007 to Series D preferred\nshareholders of record June 29, 2007.\n\n\nPursuant to the Income Tax Act (Canada) and corresponding provincial\nlegislation, Nova Scotia Power Inc. hereby notifies its Series C preferred\nshareholders and its Series D preferred shareholders that such dividends\ndeclared qualify as eligible dividends.\n\n\nNova Scotia Power Inc. is a wholly-owned subsidiary of Emera (TSX-EMA), a\ndiversified regional energy company. Nova Scotia Power provides more than 97%\nof electric generation, transmission, and distribution to more than 460,000\ncustomers across Nova Scotia. NSPI is committed to supporting Nova Scotian\ncommunities by providing safe, reliable power. Nova Scotia Power Inc.\npreferred shares are traded on the Toronto Stock Exchange under the symbols\nNSI.PR.C and NSI.PR.D.\n\n\n","length":1422,"tagName":"div"}]