Forbes -
28 Oct 2013 19:36

On 10/30/13, Emera Variable rate series A Cumulative Convertible First Preferred Stock (Toronto: EMA-PRA) will trade ex-dividend, for its quarterly dividend of $0.275, payable on 11/15/13. As a percentage of EMA.PRA's recent share price of $21.75, this dividend works out to approximately 1.26%, so look for shares of EMA.PRA to trade 1.26% lower -- all else being equal -- when EMA.PRA shares open for trading on 10/30/13. On an annualized basis, the current yield is approximately 5.01%.
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