Emera Dividends and Buybacks
Dividend criteria checks 3/6
Emera is a dividend paying company with a current yield of 5.59%.
Key information
5.6%
Dividend yield
-4.0%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$2.900 |
| Payout ratio | 130% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EMA.PRJ's dividends per share have been stable in the past 10 years.
Growing Dividend: EMA.PRJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Emera Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EMA.PRJ) | 5.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Electric Utilities) | 3.0% |
| Analyst forecast (EMA.PRJ) (up to 3 years) | 5.7% |
Notable Dividend: EMA.PRJ's dividend (5.59%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: EMA.PRJ's dividend (5.59%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (130.1%), EMA.PRJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EMA.PRJ is paying a dividend but the company has no free cash flows.