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Northland Power ( (TSE:NPI) ) has issued an announcement.
Northland Power Inc. has announced the reset of dividend rates for its Cumulative Rate Reset Preferred Shares, Series 1 and Series 2, effective from September 30, 2025. The fixed dividend rate for Series 1 Shares will be 5.70% annually, while the Series 2 Shares will have a floating rate of 2.80% over the annual yield on 90-day Government of Canada treasury bills. Shareholders have the option to convert their shares between the two series, with automatic conversion if fewer than 1,000,000 shares remain in either series. This announcement reflects Northland’s ongoing commitment to providing stable returns to its investors while managing its financial operations effectively.
The most recent analyst rating on (TSE:NPI) stock is a Hold with a C$23.50 price target. To see the full list of analyst forecasts on Northland Power stock, see the TSE:NPI Stock Forecast page.
Spark’s Take on TSE:NPI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NPI is a Neutral.
Northland Power’s overall score is driven by strong cash flow generation and successful project completions, but is tempered by declining revenue, profitability challenges, and a high debt-to-equity ratio. The negative P/E ratio and revised financial guidance further weigh on the score, despite a solid dividend yield.
To see Spark’s full report on TSE:NPI stock, click here.
More about Northland Power
Northland Power is a Canada-based global power producer focused on accelerating the global energy transition. Founded in 1987, the company has a long history of developing, owning, and operating a diversified mix of energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas. Northland also supplies energy through a regulated utility. Headquartered in Toronto, Canada, with global offices in seven countries, Northland owns or has an economic interest in 3.5 GW of gross operating generating capacity and 2.2 GW under construction.
Average Trading Volume: 743,248
Technical Sentiment Signal: Buy
Current Market Cap: C$5.86B
Learn more about NPI stock on TipRanks’ Stock Analysis page.