Emera Inc’s Series E cumulative redeemable first preferred shares (TSX: EMA-PRE.TO) were yielding above 5.5% on Monday, trading with quarterly dividends annualized to $1.125, and prices dipping as low as $20.36. As of the last close, EMA.PRE was at a 17.88% discount to its liquidation preference amount.
On the same day, shares were down approximately 0.1%, while the common shares (TSX: EMA.TO) saw a rise of about 0.7%.
