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Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividend
HALIFAX, Jul 6, 2012, 2012 (Canada NewsWire via COMTEX) --On July 6, 2012 the Board of Directors of
Nova Scotia Power Inc. (TSX: NSI.PR.D) approved a quarterly dividend of
$0.36875 per Nova Scotia Power Incorporated Series D First Preferred
Share for the quarter ending September 30, 2012 payable on and after
October 15, 2012 to Series D preferred shareholders of record October
1, 2012.
Pursuant to the Income Tax Act (Canada) and corresponding provincial
legislation, Nova Scotia Power Inc. hereby notifies its Series D
preferred shareholders that such dividends declared qualify as eligible
dividends.
About Nova Scotia Power
Nova Scotia Power Inc. (TSX-NSI.PR.D) has provided electricity to Nova
Scotians for more than 80 years. The company provides electricity
generation, transmission, and distribution services to almost 490,000
customers in the province. Nova Scotia Power is transforming its
generation to reduce its carbon footprint and enable new economic
activity by replacing fossil fuels with renewable energy sources. The
company has $4.0 billion in assets and approximately 2,000 employees
who are dedicated to safe work, enhanced customer service, system
reliability and serving their communities. Nova Scotia Power is the
largest wholly-owned subsidiary of Halifax-based Emera Inc., whose
shares are listed on the Toronto Stock Exchange and trade under the
symbols EMA, EMA.PR.A and EMA.PR.C.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2012/06/c6696.html
SOURCE: Nova Scotia Power Inc.
Scott Balfour, Executive Vice-President and Chief Financial Officer (902)428-6179 or
Jill MacDonald, Manager Investor Relations (902) 428-6486
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