Shares of Northland Power Inc. (OTCMKTS:NPIFF – Get Free Report) traded down 0.1% during trading on Thursday . The stock traded as low as $15.99 and last traded at $16.01. 2,551 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 80,361 shares. The stock had previously closed at $16.02.
Northland Power Stock Performance
The business’s 50-day moving average is $16.24 and its 200 day moving average is $16.61.
Northland Power Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.0739 dividend. This is a boost from Northland Power’s previous dividend of $0.07. This represents a dividend yield of 5.33%. The ex-dividend date of this dividend was Friday, September 27th. Northland Power’s payout ratio is -341.67%.
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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