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Emera Approves a 19% Increase in Common Dividend and Increases Dividend Growth Target

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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX:EMA) today announced that its Board of Directors has approved a 19% increase in its annual common dividend to $1.90 per common share from $1.60. Emera also increased its annual dividend growth target to 8% per year through 2019 from 6%. The first quarterly declared dividend of $0.475 per common share is payable on and after November 16, 2015 to common shareholders of record at the close of business on November 2, 2015. Pursuant to the Incom

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