Northland Power Inc. (TSE:NPI) Announces Monthly Dividend of $0.06

Northland Power Inc. (TSE:NPI – Get Free Report) declared a monthly dividend on Friday, October 30th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.06 per share by the solar energy provider on Monday, November 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, October 30th.

Northland Power Stock Performance

Shares of TSE NPI opened at C$22.00 on Wednesday. The business’s 50-day simple moving average is C$21.71 and its 200-day simple moving average is C$21.74. The company has a debt-to-equity ratio of 164.38, a quick ratio of 1.23 and a current ratio of 1.04. Northland Power has a 52 week low of C$15.96 and a 52 week high of C$25.99. The firm has a market cap of C$5.75 billion, a price-to-earnings ratio of -39.29, a P/E/G ratio of 0.71 and a beta of 0.59.

Northland Power (TSE:NPI – Get Free Report) last posted its earnings results on Thursday, August 13th. The solar energy provider reported C($0.24) earnings per share for the quarter. The company had revenue of C$512.21 million during the quarter. Northland Power had a negative return on equity of 3.46% and a negative net margin of 5.48%.

About Northland Power

(Get Free Report)

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company’s largest segment over the long term. Northland’s growth opportunities are global and span North America, Europe, Latin America, and Asia.

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Dividend History for Northland Power (TSE:NPI)

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