Emera Announces Increase in Common Dividend, Marking 18 Consecutive Years of Growth
Source: www.gulfoilandgas.com 9/18/2024, Location: North America
Emera Inc. announced that its Board of Directors approved a 1% increase in the annual common share dividend, raising it to $2.90 from $2.87 per common share. This marks the 18th consecutive year of dividend growth, underscoring Emera’s commitment to delivering value to its shareholders.
“Today’s dividend increase is evidence of our dedication to our shareholders and to the financial resilience of Emera,” said Scott Balfour, President and CEO of Emera Inc. “The continued growth in our dividend rate is fueled by our confidence in achieving a targeted 5-7% average annual adjusted EPS1 growth through 20272. It reflects our strategic focus on sustainable financial performance and long-term stability.”
Emera continues to prioritize the enhancement of shareholder value through disciplined financial management and a robust growth strategy.
