Emera Incorporated (TSE:EMA) Announces $0.73 Quarterly Dividend

Emera Incorporated (TSE:EMA) announced a quarterly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 17th will be paid a dividend of 0.7325 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, July 31st.

Emera Stock Performance

Shares of EMA opened at C$76.81 on Wednesday. Emera has a 12-month low of C$63.17 and a 12-month high of C$77.99. The company has a current ratio of 1.07, a quick ratio of 0.23 and a debt-to-equity ratio of 168.83. The company has a market cap of C$23.50 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 6.20 and a beta of 0.57. The stock has a 50-day moving average price of C$74.37 and a 200-day moving average price of C$71.87.

Emera (TSE:EMA) last posted its quarterly earnings data on Friday, May 8th. The company reported C$1.37 earnings per share for the quarter. The company had revenue of C$2.81 billion for the quarter. Emera had a net margin of 13.20% and a return on equity of 7.90%. As a group, equities analysts forecast that Emera will post 3.1991627 earnings per share for the current fiscal year.

Insider Buying and Selling at Emera

In related news, insider Richard Janega sold 16,500 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of C$74.25, for a total transaction of C$1,225,125.00. Following the transaction, the insider directly owned 19,642 shares of the company’s stock, valued at approximately C$1,458,418.50. This trade represents a 45.65% decrease in their position. Corporate insiders own 0.09% of the company’s stock.

Emera Company Profile

Emera (TSX/NYSE: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, with investments in regulated electric and natural gas utilities, and related businesses and assets. The Emera family of companies delivers safe, reliable energy to approximately 2.7 million customers in the United States, Canada and the Caribbean. Our team of 7,800 employees is committed to our purpose of energizing modern life and delivering a cleaner energy future for all. Emera’s common and preferred shares are listed and trade on the Toronto Stock Exchange and its common shares are listed and trade on the New York Stock Exchange.