Emera Incorporated
ERRAFUtilities · Stock · monthly payer
Forward Yield
6.22%
Annual Dividend
$1.16
Payout Ratio
—
5-Yr Growth
6.4%
Ex-Date
Jul 31, 2026
Frequency
Monthly
Summary
As of September 2026, Emera Incorporated (ERRAF) yields 6.22% ($1.16 per share annually), with a blended fair-value estimate of $18.02 — -3% downside, so it screens as fairly valued. Dividend safety grade: B (72/100).
Is ERRAF a good dividend stock?
Yes, with caveatsEmera Incorporated (ERRAF) pays a monthly dividend yielding 6.22% ($1.16/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 6.4% 5-yr dividend growth
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.22%
- Payout Ratio
- —
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- 6.4%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.45
- Market Cap
- —
- P/E Ratio
- 10.5
- 5-Yr Total Return
- -2%
- 52-Week Range
- $18.01 – $18.63
- Dividend Safety
- B · 72/100
- Ever Cut?
- No
Frequently Asked Questions
ERRAF Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+29%
5 Years
-2%
52-Week Range
$18.01 – $18.63
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ERRAF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Emera Incorporated is $18.02 per share, versus a market price of $18.63. That implies the stock is roughly fairly priced.
Fair Value
$18.02
Current Price
$18.63
Gap
-3%
Margin of Safety
-3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), -3.0% stage-1 growth, 2.5% terminal growth, $1.77 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ERRAF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | — | $0.2894 | regular |
| Jul 31, 2026 | — | $0.2900 | regular |
| Jul 31, 2026 | — | $0.2890 | regular |
| Jul 31, 2026 | — | $0.2908 | regular |
| Jul 31, 2026 | — | $0.2916 | regular |
| Jul 31, 2026 | — | $0.2869 | regular |
| Jul 31, 2026 | — | $0.2869 | regular |
| Jul 31, 2026 | — | $0.2866 | regular |
| Jul 31, 2026 | — | $0.2861 | regular |
| Jul 31, 2026 | — | $0.2857 | regular |
| Jul 31, 2026 | — | $0.2869 | regular |
| Jul 31, 2026 | — | $0.2867 | regular |
| Jul 31, 2026 | — | $0.2885 | regular |
| Jul 31, 2026 | — | $0.2882 | regular |
Income Calculator
At $1.16 / yr per share
