Northland Power Inc. (OTCMKTS:NPIFF – Get Free Report)’s share price dropped 0% during trading on Monday . The company traded as low as $11.54 and last traded at $11.63. Approximately 137,565 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 97,183 shares. The stock had previously closed at $11.63.
Northland Power Stock Performance
The company has a 50 day moving average price of $12.70 and a two-hundred day moving average price of $14.75.
Northland Power Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.0693 per share. This represents a yield of 6.54%. The ex-dividend date of this dividend is Friday, January 31st. 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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