Northland Power Inc. (NPI) to Distribute Monthly Dividend of $0.06 on July 15th

Northland Power Inc. (TSE:NPI) announced a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.06 per share by the solar energy provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, June 30th.

Northland Power Stock Down 0.3%

Shares of TSE:NPI opened at C$22.05 on Friday. Northland Power has a fifty-two week low of C$15.96 and a fifty-two week high of C$25.99. The firm’s 50 day moving average price is C$22.98 and its 200 day moving average price is C$21.09. The company has a quick ratio of 1.23, a current ratio of 1.16 and a debt-to-equity ratio of 168.64. The stock has a market cap of C$5.77 billion, a price-to-earnings ratio of -38.68, a price-to-earnings-growth ratio of 0.71 and a beta of 0.81.

Northland Power (TSE:NPI) last announced its quarterly earnings data on Thursday, May 14th. The solar energy provider reported C$0.33 EPS for the quarter. The company had revenue of C$776.97 million for the quarter. Northland Power had a negative net margin of 5.52% and a negative return on equity of 3.45%.

About Northland Power

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company’s largest segment over the long term. Northland’s growth opportunities are global and span North America, Europe, Latin America, and Asia.