Northland Power, Inc. (OTCMKTS:NPIFF) to Issue $0.07 Dividend

Key Points

• Northland Power, Inc. has announced a dividend of $0.0724 per share, with a remarkable dividend yield of 542.0%.
• The ex-dividend date is set for September 29th, and shareholders of record on September 30th will receive the payment on October 15th.
• Northland Power operates clean energy projects worldwide and has a market capitalization of $4.19 billion, with shares currently down 0.8%.

Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) declared a dividend on Saturday, September 20th, investing.com reports. Investors of record on Tuesday, September 30th will be given a dividend of 0.0724 per share on Wednesday, October 15th. This represents a dividend yield of 542.0%. The ex-dividend date of this dividend is Monday, September 29th.

Northland Power Stock Performance

NPIFF traded down $0.14 during trading on Friday, hitting $16.01. 90,798 shares of the company traded hands, compared to its average volume of 86,144. The stock's fifty day moving average is $16.34 and its 200 day moving average is $15.11. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. Northland Power has a one year low of $11.04 and a one year high of $17.51. The firm has a market cap of $4.19 billion and a P/E ratio of -94.17.

Northland Power Company Profile

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.