Emera's Series C Preferred stock Yield Pushes Past 8%

By Preferred Stock Channel Staff, Tuesday, November 28, 2:07 PM ET

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In trading on Tuesday, shares of Emera Inc's Variable rate series C cumulative convertible first preferred stock (TSE:EMA.PRC.CA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.6085), with shares changing hands as low as $20.10 on the day. As of last close, EMA.PRC.CA was trading at a 19.40% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of EMA.PRC.CA shares, versus EMA.CA:

Performance Comparison Chart

Below is a dividend history chart for EMA.PRC.CA, showing historical dividend payments on Emera Inc's Variable rate series C cumulative convertible first preferred stock:

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In Tuesday trading, Emera Inc's Variable rate series C cumulative convertible first preferred stock (TSE:EMA.PRC.CA) is currently off about 0.2% on the day, while the common shares (TSE:EMA.CA) are up about 0.4%.

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Emera's Series C Preferred stock Yield Pushes Past 8%

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