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Emera's Series C Preferred Stock Shares Cross 5% Yield Mark

By Preferred Stock Channel Staff, Monday, December 20, 2:02 PM ET
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In trading on Monday, shares of Emera Inc's Variable rate series C cumulative convertible first preferred stock (TSE:EMA.PRC.CA) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.1802), with shares changing hands as low as $23.53 on the day. As of last close, EMA.PRC.CA was trading at a 4.76% 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 Monday trading, Emera Inc's Variable rate series C cumulative convertible first preferred stock (TSE:EMA.PRC.CA) is currently down about 0.8% on the day, while the common shares (TSE:EMA.CA) are trading flat.


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