Emera Dividend
Dividend criteria checks 5/6
Emera is a dividend paying company with a current yield of 6.13% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
6.1%
Dividend yield
78%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | US$3.41 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EMRA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: EMRA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Emera Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (EMRA.F) | 6.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (EMRA.F) | 6.7% |
Notable Dividend: EMRA.F's dividend (6.13%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: EMRA.F's dividend (6.13%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78%), EMRA.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EMRA.F is paying a dividend but the company has no free cash flows.