Emera Dividend

Dividend criteria checks 3/6

Emera is a dividend paying company with a current yield of 5.5%.

Key information

5.5%

Dividend yield

110%

Payout ratio

Industry average yield2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$2.870
Earnings per shareCA$2.50
Dividend yield forecast5.7%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EMA.PRA's dividends per share have been stable in the past 10 years.

Growing Dividend: EMA.PRA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Emera Dividend Yield vs Market
How does EMA.PRA dividend yield compare to the market?
SegmentDividend Yield
Company (EMA.PRA)5.5%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.9%
Industry Average (Electric Utilities)2.9%
Analyst forecast (EMA.PRA) (up to 3 years)5.7%

Notable Dividend: EMA.PRA's dividend (5.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.71%).

High Dividend: EMA.PRA's dividend (5.5%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (110%), EMA.PRA's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EMA.PRA is paying a dividend but the company has no free cash flows.


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