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EMA.PR.E

TSX
19.45000 CAD
0.35
1.83%
Last update May 27, 9:30 AM EDT
Post-market
Day range
19.45000
19.45000
Previous close
19.10000
Open
19.45000
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Emera Inc. Preferred Stock 4.5% Perpetual
19.45
0.35
1.83%

Overview

Description

Emera Inc. Preferred Stock 4.5% Perpetual is a type of hybrid financial instrument, blending characteristics of both equity and debt. Its primary function is to provide investors with a steady and predictable income stream, through fixed quarterly dividends, before any dividends are paid to ordinary shareholders of Emera Inc. This preferred stock falls under the category of perpetual preferred shares, meaning that it has no maturity date; holders may receive dividends indefinitely, assuming the issuer remains financially healthy and opts to continue the payments. Emera Inc., a significant player in the utility sector, specializes in electricity generation and distribution, as well as natural gas services across North America and the Caribbean. The issuance of preferred stocks like these aids the company in raising capital for infrastructure projects and operational expansions while balancing its equity and debt levels. In the broader financial market, Emera Inc. Preferred Stock 4.5% Perpetual attracts investors seeking more stable returns compared to common stocks, appealing especially to those interested in utility sector exposure with reduced volatility. These shares play an important role in diversifying investor portfolios, particularly for those emphasizing income generation and long-term asset retention.

About

CEO
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Address
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Instrument type
Preferred stock
Sector
Industry
Country
Canada
MIC code
XTSE
Post-market

Exchange is currently open for post-market.
Post market session closes in 51 minutes

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09:30
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