Markets

Emera's Series E Preferred Shares Cross 4.5% Yield Mark

In trading on Wednesday, shares of Emera Inc's Series E cumulative redeemable first preferred shares (TSX: EMA-PRE.TO) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $1.125), with shares changing hands as low as $24.99 on the day. As of last close, EMA.PRE was trading at a 0.40% premium to its liquidation preference amount.

The chart below shows the one year performance of EMA.PRE shares, versus EMA:

Performance Comparison Chart

Below is a dividend history chart for EMA.PRE, showing historical dividend payments on Emera Inc's Series E cumulative redeemable first preferred shares:

EMA.PRE+Dividend+History+Chart


Free Report: Top 7%+ Dividends (paid monthly)

In Wednesday trading, Emera Inc's Series E cumulative redeemable first preferred shares (TSX: EMA-PRE.TO) is currently down about 0.4% on the day, while the common shares (TSX: EMA.TO) are up about 0.2%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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