HALIFAX,
July 6, 2012 /CNW/ - On July 6, 2012 the Board of Directors of Nova
Scotia Power Inc. (TSX: NSI.PR.D) approved a quarterly dividend of
$0.36875 per Nova Scotia Power
Incorporated Series D First Preferred Share for the quarter ending
September 30, 2012 payable on and
after October 15, 2012 to Series D
preferred shareholders of record October 1,
2012.
Pursuant to the Income Tax Act (Canada) and corresponding provincial
legislation, Nova Scotia Power Inc. hereby notifies its Series D
preferred shareholders that such dividends declared qualify as
eligible dividends.
About Nova Scotia Power
Nova Scotia Power Inc. (TSX-NSI.PR.D) has
provided electricity to Nova Scotians for more than 80 years.
The company provides electricity generation, transmission, and
distribution services to almost 490,000 customers in the
province. Nova Scotia Power is transforming its generation to
reduce its carbon footprint and enable new economic activity by
replacing fossil fuels with renewable energy sources. The
company has $4.0 billion in assets
and approximately 2,000 employees who are dedicated to safe work,
enhanced customer service, system reliability and serving their
communities. Nova Scotia Power is the largest wholly-owned
subsidiary of Halifax-based Emera
Inc., whose shares are listed on the Toronto Stock Exchange and
trade under the symbols EMA, EMA.PR.A and EMA.PR.C.
SOURCE Nova Scotia Power Inc.