Emera Dividend
Dividend criteria checks 3/6
Emera is a dividend paying company with a current yield of 6.29%.
Key information
6.3%
Dividend yield
125%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.17 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend 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) | 6.3% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.6% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (EMA.PRJ) | 6.7% |
Notable Dividend: EMA.PRJ's dividend (6.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: EMA.PRJ's dividend (6.29%) is low compared to the top 25% of dividend payers in the Canadian market (6.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124.9%), 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.