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Emera Inc. (TSX/NYSE: EMA) has announced its quarterly dividend declarations for both common and preferred shares. The company's Board of Directors has declared a dividend of $0.7250 per common share and various dividends for different series of First Preferred Shares, ranging from $0.1364 to $0.40213 per share.
All dividends will be payable on August 15, 2025, to shareholders of record as of August 1, 2025. The company has confirmed that these dividends qualify as eligible dividends under the Income Tax Act (Canada) and corresponding provincial legislation.
Emera (TSX: EMA) has scheduled its Q2 2025 earnings release for Friday, August 8, 2025, before markets open. The company will host a teleconference and webcast at 9:30 a.m. Atlantic (8:30 a.m. Eastern) on the same day to discuss the results.
Participants can join the call by dialing 1-800-717-1738 (North America) or 1-289-514-5100 (International). A live and archived audio webcast will be available on Emera's website, with a replay accessible two hours after the call concludes.
Emera (TSX/NYSE: EMA) has announced important details regarding the conversion privileges of its preferred shares. The company will not redeem its 4,866,814 Series A Shares or 1,133,186 Series B Shares on August 15, 2025. Instead, shareholders of both series will have the option to either retain their current shares or convert them on a one-for-one basis.
Series A shareholders can maintain their fixed-rate quarterly dividend or convert to Series B for a floating rate dividend. Series B shareholders can keep their floating rate dividend or convert to Series A for a fixed rate. The conversion period runs from July 16, 2025, to July 31, 2025 (5:00 PM EDT). New dividend rates for both series will be announced on July 16, 2025.