Northland Power Inc. (OTCMKTS:NPIFF – Get Free Report) announced a dividend on Wednesday, April 23rd, investing.com reports. Shareholders of record on Thursday, May 1st will be paid a dividend of 0.072 per share on Thursday, May 15th. This represents a yield of 6.37%. The ex-dividend date is Wednesday, April 30th. This is a 4.4% increase from Northland Power’s previous dividend of $0.07.
Northland Power Stock Up 0.7 %
Shares of NPIFF stock opened at $13.53 on Monday. Northland Power has a 52-week low of $11.04 and a 52-week high of $18.11. The firm’s 50-day moving average is $13.38 and its 200-day moving average is $13.49.
Analyst Upgrades and Downgrades
Separately, Raymond James reaffirmed an “outperform” rating on shares of Northland Power in a research report on Friday, February 28th.
About Northland Power
Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.
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