Emera Inc. (EMA) has increased it's dividend 6.3% from $0.2375/share to $0.2525/share. Emera is engaged in the production and sale of electric energy in Nova Scotia, Canada and the state of Maine. Emera pays out about 66% of it's earnings in the form of dividends and now yields 4.9%.
Here is a glance at Emera's recent dividend history:
2004 - $0.88
2005 - $0.88
2006 - $0.88
2007 - $0.90
2008 - $0.95
2009 - $1.01 (estimated)
This represents a compound annual growth rate of the dividend of 2.8%.
No comments:
Post a Comment