Since its inception, Northland Power has made regular payments to all shareholders.
Northland Power's Board of Directors sets the dividend amount and schedule. Northland Power annual common share dividend is currently $1.20, paid at the rate of $0.10 per month on the schedule below.
The Series 1 dividend rate will reset on September 30, 2025 and every five years thereafter at a rate equal to the then five-year Government of Canada Bond yield plus 2.80%.
Preferred Shares – Series 2
The holders of Series 2 Preferred Shares are entitled to receive floating dividend of 2.80% over the annual yield on 90-day Government of Canada treasury bills, payable quarterly.
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