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 yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$2.870 |
| Earnings per share | CA$2.50 |
| Dividend yield forecast | 5.7% |
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 |
|---|
| Segment | Dividend 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.