Wednesday, November 2, 2011

NSI.PR.D - <span class="simulate_din_font">Nova Scotia Power Inc. Approves Preferred Share Quarterly Dividend</span> (CAD 0.3688)

Company: Nova Scotia Pr D
Stock Name: NSI.PR.D
Amount: CAD 0.3688
Announcement Date: 02/11/2011
Record Date: 29/12/2011

Dividend Detail:




HALIFAX, Nov. 2, 2011 /CNW/ - On November 2, 2011 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 December 31, 2011 payable on and after
January 16, 2012 to Series D preferred shareholders of record January
3, 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 and EMA.PR.A.



For further information:

Judy Steele, Chief Financial Officer (902)428-6157 or Jill MacDonald, Manager Investor Relations (902) 428-6486.









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