Northland Power Inc. (OTCMKTS:NPIFF – Get Free Report)’s stock price dropped 1.1% during mid-day trading on Friday . The company traded as low as $12.61 and last traded at $13.00. Approximately 12,644 shares were traded during trading, a decline of 83% from the average daily volume of 76,289 shares. The stock had previously closed at $13.15.
Northland Power Stock Performance
The business’s 50-day simple moving average is $14.80 and its two-hundred day simple moving average is $16.14.
Northland Power Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a $0.0718 dividend. This represents a dividend yield of 6.04%. The ex-dividend date is Friday, November 29th. Northland Power’s payout ratio 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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