Ex-Div Reminder for Northland Power (NPI)

On 2/26/14, Northland Power Inc (TSX: NPI.TO) will trade ex-dividend, for its monthly dividend of $0.09, payable on 3/17/14. As a percentage of NPI's recent stock price of $16.49, this dividend works out to approximately 0.55%, so look for shares of Northland Power Inc to trade 0.55% lower — all else being equal — when NPI shares open for trading on 2/26/14.

Below is a dividend history chart for NPI, showing historical dividends prior to the most recent $0.09 declared by Northland Power Inc:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NPI is likely to continue, and whether the current estimated yield of 6.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NPI shares, versus its 200 day moving average:

Northland Power Inc 200 Day Moving Average Chart

Looking at the chart above, NPI's low point in its 52 week range is $14.07 per share, with $19.75 as the 52 week high point — that compares with a last trade of $16.50.

In Monday trading, Northland Power Inc shares are currently up about 0.2% on the day.

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