HALIFAX, July 6, 2012 /CNW/ - On July 6, 2012 the Board of Directors of
Emera Inc. (TSX: EMA EMA.PR.A EMA.PR.C) approved a quarterly dividend
of $0.3375 per common share payable on and after August 15, 2012 to
common shareholders of record at the close of business on August 1,
2012; a quarterly dividend of $0.2750 per Series A First Preferred
Share payable on and after August 15, 2012 to Series A First Preferred
shareholders of record at the close of business on August 1, 2012; and
an initial dividend of $0.1938 per Series C First Preferred Share
payable on and after August 15, 2012 to Series C First Preferred
shareholders of record at the close of business on August 1, 2012.
Pursuant to the Income Tax Act (Canada) and corresponding provincial
legislation, Emera Inc. hereby notifies its common shareholders, its
Series A First Preferred shareholders, and its Series C First Preferred
shareholders that such dividends declared qualify as eligible
About Emera Inc.
Emera Inc. is an energy and services company with $7.0 billion in assets
and 2011 revenues of $2.1 billion. The company invests in electricity
generation, transmission and distribution, as well as gas transmission
and utility energy services. Emera's strategy is focused on the
transformation of the electricity industry to cleaner generation and
the delivery of that clean energy to market. Emera has interests
throughout northeastern North America, in three Caribbean countries and
in California. More than 80% of the company's earnings come from
regulated investments. Emera common and preferred shares are listed on
the Toronto Stock Exchange and trade respectively under the symbol EMA,
EMA.PR.A and EMA.PR.C. Additional Information can be accessed at www.emera.com, www.sedar.com, or on www.sec.gov.
SOURCE EMERA INC.
For further information:
and Chief Financial Officer
Jill MacDonald, CA
Manager, Investor Relations