EMERA INC Earnings Summary — Q3 FY2026

• Emera Inc. declared a quarterly common share dividend of $0.7325 per share payable on August 17, 2026.
• The board declared dividends for eight different series of First Preferred Shares, including Series A, C, E, F, H, J, and L.
• The company issued a clerical correction specifically for the Series J First Preferred Share rate, previously misstated in a July 13 release.
• Operations remain focused on regulated electric and natural gas utilities across Florida, Canada, and the Caribbean.
• The company maintains a significant capital expenditure program focused on decarbonization and grid modernization.
• Financing for growth remains heavily dependent on debt and equity issuance, as noted in management's long-term strategy.

Management remains committed to its long-term strategy of decarbonization and grid modernization to drive rate base growth. While specific quarterly guidance wasn't issued in the dividend announcement, the company continues to focus on high-visibility regulated asset expansion, particularly in the Florida market through Tampa Electric.

Stable

The sentiment remains stable as the dividend declaration is in line with historical utility distribution patterns, despite a minor clerical error in the initial reporting of preferred rates.

The outlook for Emera is centered on its transition away from coal-fired generation and leveraging high-growth demographics in Florida. However, this is balanced against a high debt load and the need for frequent equity markets access to fund its capital programs.