SmarterDividends
ERRAF

Emera Incorporated

ERRAF

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$18.63

Fairly valued · -12% Add to Portfolio

Forward Yield

6.16%

Annual Dividend

$1.15

Payout Ratio

—

5-Yr Growth

6.4%

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about ERRAF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Emera Incorporated (ERRAF) has a forward dividend yield of 6.16%, based on an annual dividend of $1.15 per share and a share price of $18.63.
  • As of Oct 27, 2026, ERRAF's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • ERRAF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • ERRAF's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • ERRAF's dividend has grown at an average rate of 6.4% a year over the past five years.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ERRAF is $16.38 per share, 12% below the $18.63 share price, so ERRAF screens as fairly valued.
  • Emera Incorporated (ERRAF) pays its dividend quarterly, 4 times a year.
  • Emera Incorporated (ERRAF) has raised its regular dividend 2 times and cut it 0 times across the 36 payments on record since 2017. Its most recent change was a 36.3% increase to $0.287 per share, going ex-dividend on Oct 31, 2023.
Cite this page

SmarterDividends, "ERRAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ERRAF

Summary

As of Oct 27, 2026, Emera Incorporated (ERRAF) yields 6.16% ($1.15 a year per share) and has a dividend safety grade of B (79/100).

Is ERRAF a good dividend stock?

Yes

Emera Incorporated (ERRAF) pays a quarterly dividend yielding 6.16% ($1.15/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

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
6.16%
Payout Ratio
—
Annual Dividend
$1.15
5-Yr Avg Growth
6.4%
Ex-Dividend Date
Oct 30, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.42
Market Cap
—
P/E Ratio
10.5
5-Yr Total Return
-2%
52-Week Range
$18.01 – $18.63
Dividend Safety
B · 79/100
Ever Cut?
No

ERRAF dividend raises and cuts

Emera Incorporated (ERRAF) has raised its regular dividend 2 times and cut it 0 times across the 36 payments on record since 2017. Its most recent change was a 36.3% increase to $0.287 per share, going ex-dividend on Oct 31, 2023.

Ex-dateChangeOld → newMove
Oct 31, 2023Raise$0.211 → $0.287+36.3%
Oct 31, 2018Raise$0.183 → $0.211+15.1%
Every ERRAF payment →Download every raise and cut (CSV)
ERRAF ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →ERRAF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ERRAF a good dividend stock?

Yes. Emera Incorporated (ERRAF) pays a quarterly dividend yielding 6.16% ($1.15/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ERRAF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ERRAF's fair value is about $16.38 versus a $18.63 share price — so it looks fairly valued (-12% vs. fair value).

Is ERRAF's dividend safe?

ERRAF has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is ERRAF's fair value?

Our blended fair-value estimate for ERRAF is about $16.38 per share, about 12% below the current $18.63 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ERRAF a buy, hold, or sell?

We don't issue formal ratings, but on the data ERRAF screens as "yes" and fairly valued. Emera Incorporated (ERRAF) pays a quarterly dividend yielding 6.16% ($1.15/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ERRAF cut its dividend?

ERRAF earns a dividend-safety grade of B (79/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ERRAF pay a dividend?

Yes. Emera Incorporated pays a quarterly dividend of about $1.15 per share annually, a forward yield of roughly 6.16%.

What is ERRAF's dividend yield?

As of Oct 27, 2026, ERRAF's forward dividend yield is 6.16%, based on a $1.15 annual dividend and a $18.63 share price.

What is ERRAF's dividend per share?

As of Oct 27, 2026, ERRAF pays $1.15 per share per year, distributed on a quarterly basis.

How many years has ERRAF grown its dividend?

ERRAF does not currently have a long dividend-growth streak on record.

When is the next ERRAF ex-dividend date?

As of Oct 27, 2026, the next ex-dividend date on record for ERRAF is Oct 30, 2026.

Income Calculator

At $1.15 / yr per share

Per payment (quarterly)$28.75
Annual$115.00
Monthly avg$9.58

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