Emera Approves Quarterly Dividend
HALIFAX, Jul 6, 2012, 2012 – 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 dividends
