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EMRAF - Emera Inc.: Lots To Like With This Often Overlooked 'Florida' Utility
Emera Inc.
Emera’s secure distribution and 4.5% current cash yield make it a great addition to income portfolios.
Florida is an important state, targeted with 70% of capital budgets and 50% of 2020 revenues. Emera operates in some of the best regulatory environments for their long-term profitability.
Management has earned an average rating for 10-yr consistency in earnings and dividend growth.