Topic: How To Invest

Dividend Advisor Hotline – Friday, October 1, 2021

Article Excerpt

EMERA INC., $57.43, Toronto symbol EMA, is a buy. The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S. and the Caribbean. Emera is now raising your quarterly dividend by 3.9%. Starting with the November 2021 payment, investors will receive $0.6625 a share instead of $0.6375. The new annual rate of $2.65 yields a high 4.6%. Including this increase, the company’s dividend has grown an average of 4.9% annually over the last five years. It also plans to increase the annual dividend rate by 4% to 5% each year through 2024. Emera’s TSI Dividend Sustainability Rating is Highest. Emera recent coverage: October 2021 issue Hotline for August 13, 2021 MCDONALD’S CORP., $242.93, New York symbol MCD, is a buy. The fast-food giant now operates 39,000 restaurants in 120 countries. Franchisees own roughly 93% of…