Canadian dividend stock Emera highlights steady income and long-term plans

The article profiles Emera, a Halifax-based regulated utility reporting a 4.3% dividend yield and a $20 billion capital plan for 2026–2030.

The article profiles Emera, a Halifax-based regulated utility company that owns electric and natural gas operations in Canada, the United States, and the Caribbean. It explains why regulated utilities often provide steadier cash flow and dividends than other sectors. The piece notes that Emera's shares were up about 26% over the past year and that the dividend yield was reported at 4.3% at the time of writing. The article highlights a $20 billion capital plan and extended rate-base growth guidance as central to the company's near-term strategy. Key details: - The article says Emera reported adjusted earnings per share of $0.88 and reported EPS of $0.76 in the third quarter of 2025, and that adjusted EPS rose 9% year over year. - The article says Emera unveiled a $20 billion capital plan for 2026–2030 and extended 7%–8% rate-base growth guidance through 2030. - The article says about 80% of planned investment is directed to Florida, and it cites Tampa Electric performance as a recent contributor to results. - The article reports the stock traded at about 18.3 times earnings and carried a reported dividend yield of 4.3%, and that the share price had risen about 26% over the prior year. - The article notes principal risks include financing costs, regulatory timing, and weather-related volatility. Summary: The article frames Emera's regulated business model and multi-year investment plan as supporting steady dividend cash flow and the potential for measured dividend growth if the company executes its program and secures regulatory outcomes. The next phase described is execution of the 2026–2030 capital plan and monitoring of financing costs and regulatory decisions.