Northland Power Inc. (NPI) to Issue Monthly Dividend of $0.10 on December 16th

Northland Power Inc. (TSE:NPI) declared a monthly dividend on Monday, November 11th,Zacks Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.10 per share by the solar energy provider on Monday, December 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date is Friday, November 29th.

Northland Power Trading Up 0.5 %

NPI stock traded up C$0.10 during trading on Wednesday, hitting C$20.22. 1,232,392 shares of the company traded hands, compared to its average volume of 1,120,367. The firm has a market capitalization of C$5.21 billion, a PE ratio of 85.04, a P/E/G ratio of 0.71 and a beta of 0.47. Northland Power has a 1 year low of C$19.73 and a 1 year high of C$25.36. The company has a 50-day moving average of C$21.67 and a 200-day moving average of C$22.59. The company has a debt-to-equity ratio of 166.53, a quick ratio of 1.23 and a current ratio of 0.86.

Northland Power (TSE:NPI) last released its quarterly earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 EPS for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.08. The business had revenue of C$528.97 million during the quarter, compared to analyst estimates of C$526.10 million. Northland Power had a return on equity of 3.95% and a net margin of 2.98%.

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.