Thursday, May 10, 2012

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: 10/05/2012
Record Date: 27/06/2012

Dividend Detail:




HALIFAX, May 10, 2012 /CNW/ - On May 4, 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 June 30, 2012 payable on and after July
16, 2012
to Series D preferred shareholders of record June 29, 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:

Scott Balfour, Executive Vice-President and Chief Financial Officer (902)��428-6179 or Jill MacDonald, Manager Investor Relations (902) 428-6486.









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