Is this the right energy stock to generate dividend income: Emera Inc. (XTSE:EMA)?
Emera Inc. (XTSE: EMA) is a geographically diverse energy and services company with interests in electricity generation, transmission, and distribution, as well as gas transmission and utility energy services. The company operates in five reportable segments throughout North America and the Caribbean: Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Others. The Florida Electric Utility comprises Tampa Electric, an electric utility serving customers in West Central Florida that is vertically integrated and regulated. The Company’s subsidiaries are Grand Bahama Power Company and Barbados Light & Power Company. The Company also owns St. Lucia Electricity Services Limited and Emera Caribbean Renewables Limited.