Shares of Northland Power Inc. (OTCMKTS:NPIFF – Get Free Report) rose 0.9% during mid-day trading on Friday . The stock traded as high as $18.10 and last traded at $18.08. Approximately 51,672 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 83,363 shares. The stock had previously closed at $17.91.
Northland Power Stock Up 0.9 %
The company has a fifty day moving average price of $17.21 and a 200-day moving average price of $17.15.
Northland Power Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be paid a dividend of $0.0727 per share. This represents a yield of 5.05%. The ex-dividend date of this dividend is Friday, June 28th. Northland Power’s dividend payout ratio (DPR) is -341.67%.
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.
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