Northland Power, Inc. (OTCMKTS:NPIFF) Plans Dividend of $0.07

Northland Power, Inc. (OTCMKTS:NPIFF) declared a dividend on Friday, July 18th, investing.com reports. Stockholders of record on Friday, August 1st will be given a dividend of 0.073 per share on Friday, August 15th. This represents a dividend yield of 5.22%. The ex-dividend date is Thursday, July 31st. This is a 0.1% increase from Northland Power’s previous dividend of $0.07.

Northland Power Price Performance

OTCMKTS NPIFF opened at $16.79 on Friday. The firm has a market capitalization of $4.39 billion and a P/E ratio of -53.13. Northland Power has a 1-year low of $11.04 and a 1-year high of $17.55. The business’s 50-day simple moving average is $15.55 and its 200-day simple moving average is $13.88.

Analyst Ratings Changes

Separately, Scotiabank raised Northland Power from a “sector perform” rating to an “outperform” rating in a research note on Thursday, May 15th.

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.