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ERRAF - Emera: Payout Ratio Likely To Go Past 100% For The 6% Yielder
June, 03 2024 11:24 AM
Emera Inc. Cum Pfd 5 Yr Rate Reset Ser C
2024-06-03 11:24:46 ET
Summary Emera Incorporated's Q4 2023 results were disappointing, with earnings per share dragged down by multiple factors. The company's exorbitant payout ratio and high debt-to-EBITDA ratio have raised concerns among rating agencies. We look at the progression of asset sales and the EPS estimates and tell you how we would play this.
Note: All amounts discussed are in Canadian Dollars and references are made to the stock trading on the TSX. ...
For further details see:
Emera: Payout Ratio Likely To Go Past 100% For The 6% Yielder
Stock Information
Company Name:
Emera Inc. Cum Pfd 5 Yr Rate Reset Ser C
Stock Symbol:
ERRAF
Market:
OTC
Website:
emera.com
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