DRIP: Reinvest in common shares
The Dividend Reinvestment Plan (DRIP) provides eligible beneficial holders of Common Shares an attractive opportunity to reinvest their eligible cash dividends for additional Northland Common Shares. Participants do not pay any costs associated with this plan, including brokerage commissions.
On February 26, 2025, Northland announced a change in the discount on DRIP issuances from 3% to 0% and confirmed the intention to source shares through secondary market purchases rather than treasury issuances. These changes will be effective from and as of April 15, 2025, and for the dividend payable thereon to shareholders of record on March 3, 2025.
Current shareholders participating in the plan should consult their tax advisers about tax consequences that may result from their participation in the plan.
For further information or to join the DRIP, shareholders should contact their financial advisor or broker.
To learn more, please read Northland Power’s 2025 Revised DRIP Plan.
History of DRIP Reinvestment Share Price
For further information or to join the DRIP, Shareholders should contact their financial adviser or broker
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2024-01-31 | 2024-02-15 | 23.384197 | 22.682671 |
| Feb | 2024-02-29 | 2024-03-15 | 23.318962 | 22.619393 |
| Mar | 2024-03-28 | 2024-04-15 | 22.308740 | 21.639478 |
| Apr | 2024-04-30 | 2024-05-15 | 21.760698 | 21.107877 |
| May | 2024-05-31 | 2024-06-17 | 24.330588 | 23.600670 |
| Jun | 2024-06-28 | 2024-07-15 | 24.160983 | 23.436154 |
| Jul | 2024-07-31 | 2024-08-15 | 23.374833 | 22.673588 |
| Aug | 2024-08-30 | 2024-09-16 | 21.268989 | 20.630920 |
| Sep | 2024-09-27 | 2024-10-15 | 21.656846 | 21.007141 |
| Oct | 2024-10-31 | 2024-11-15 | 20.230003 | 19.623103 |
| Nov | 2024-11-29 | 2024-12-16 | 18.604408 | 18.046276 |
| Dec | 2024-12-31 | 2025-01-15 | 18.343319 | 17.793020 |
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2023-01-31 | 2023-02-15 | $33.520695 | $32.515074 |
| Feb | 2023-02-28 | 2023-03-15 | $34.026520 | $33.005724 |
| Mar | 2023-03-31 | 2023-04-17 | $34.199541 | $33.173555 |
| Apr | 2023-04-28 | 2023-05-15 | $29.467665 | $28.583635 |
| May | 2023-05-31 | 2023-06-15 | $28.409858 | $27.557562 |
| Jun | 2023-06-30 | 2023-07-17 | $26.321151 | $25.531517 |
| Jul | 2023-07-31 | 2023-08-15 | $23.593234 | $22.885437 |
| Aug | 2023-08-31 | 2023-09-15 | $24.286266 | $23.557678 |
| Sep | 2023-09-29 | 2023-10-16 | $22.157185 | $21.492469 |
| Oct | 2023-10-31 | 2023-11-15 | $21.613295 | $20.964896 |
| Nov | 2023-11-30 | 2023-12-15 | $22.577819 | $21.900484 |
| Dec | 2023-12-29 | 2024-01-15 | $24.737562 | $23.995435 |
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2022-01-31 | 2022-02-15 | $36.058033 | $34.976292 |
| Feb | 2022-02-28 | 2022-03-15 | $41.592140 | $40.344375 |
| Mar | 2022-03-31 | 2022-04-18 | $40.346594 | $39.136196 |
| Apr | 2022-04-29 | 2022-05-16 | $38.165851 | $37.020876 |
| May | 2022-05-31 | 2022-06-15 | $39.179746 | $38.004354 |
| Jun | 2022-06-30 | 2022-07-15 | $39.382292 | $38.200823 |
| Jul | 2022-07-29 | 2022-08-15 | $44.399859 | $43.067863 |
| Aug | 2022-08-31 | 2022-09-15 | $44.935369 | $43.587308 |
| Sep | 2022-09-30 | 2022-10-17 | $38.167184 | $37.022168 |
| Oct | 2022-10-31 | 2022-11-15 | $40.050374 | $38.848863 |
| Nov | 2022-11-30 | 2022-12-15 | $38.39173 | $37.246228 |
| Dec | 2022-12-30 | 2023-01-17 | $38.217482 | $37.070958 |
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2021-01-29 | 2021-02-16 | $49.518805 | $48.033241 |
| Feb | 2021-02-26 | 2021-03-15 | $49.518805 | $48.033241 |
| Mar | 2021-03-31 | 2021-04-15 | $43.049253 | $41.757776 |
| Apr | 2021-04-30 | 2021-05-17 | $38.375011 | $37.223761 |
| May | 2021-05-31 | 2021-06-15 | $41.406602 | $40.164404 |
| Jun | 2021-06-30 | 2021-07-15 | $42.770312 | $41.487202 |
| Jul | 2021-07-30 | 2021-08-16 | $40.828506 | $39.603651 |
| Aug | 2021-08-31 | 2021-09-15 | $41.668515 | $40.418459 |
| Sep | 2021-09-30 | 2021-10-15 | $39.851441 | $38.655897 |
| Oct | 2021-10-29 | 2021-11-15 | $38.804789 | $37.640645 |
| Nov | 2021-11-30 | 2021-12-15 | $37.357687 | $36.236956 |
| Dec | 2021-12-31 | 2022-01-17 | $35.497762 | $34.432829 |
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2020-01-31 | 2020-02-15 | $32.160000 | $32.160000 |
| Feb | 2020-02-28 | 2020-03-15 | $25.297390 | $25.297390 |
| Mar | 2020-03-29 | 2020-04-15 | $29.113187 | $29.113187 |
| Apr | 2020-04-30 | 2020-05-15 | $30.988493 | $30.988493 |
| May | 2020-05-31 | 2020-06-17 | $30.843840 | $30.843840 |
| Jun | 2020-06-28 | 2020-07-15 | $35.4912 | $35.4912 |
| Jul | 2020-07-31 | 2020-08-15 | $36.457647 | $36.457647 |
| Aug | 2020-08-30 | 2020-09-16 | $35.903794 | $34.826680 |
| Sep | 2020-09-30 | 2020-10-15 | $42.252538 | $40.984962 |
| Oct | 2020-10-31 | 2020-11-15 | $43.644110 | $42.334787 |
| Nov | 2020-11-29 | 2020-12-16 | $43.644110 | $42.334787 |
| Dec | 2020-12-31 | 2020-01-15 | $44.099813 | $42.776818 |
| Month | Record Date | Payment Date | Average Market Price | Reinvestment Price |
|---|---|---|---|---|
| Jan | 2019-01-31 | 2019-02-15 | $24.300000 | $24.300000 |
| Feb | 2019-02-28 | 2019-03-15 | $25.790806 | $25.790806 |
| Mar | 2019-03-29 | 2019-04-15 | $23.929380 | $23.929380 |
| Apr | 2019-04-30 | 2019-05-15 | $25.191388 | $25.191388 |
| May | 2019-05-31 | 2019-06-17 | $25.167393 | $25.167393 |
| Jun | 2019-06-28 | 2019-07-15 | $25.256546 | $25.256546 |
| Jul | 2019-07-31 | 2019-08-15 | $25.400000 | $25.400000 |
| Aug | 2019-08-30 | 2019-09-16 | $24.356587 | $24.356587 |
| Sep | 2019-09-30 | 2019-10-15 | $25.811380 | $25.811380 |
| Oct | 2019-10-31 | 2019-11-15 | $27.518990 | $27.518990 |
| Nov | 2019-11-29 | 2019-12-16 | $27.400000 | $27.400000 |
| Dec | 2019-12-31 | 2020-01-15 | $28.552699 | $28.552699 |
| Distribution Month | Average Market Price | Reinvestment Price |
|---|---|---|
| Jan 2018* | $21.610654 | $20.530121 |
| Feb 2018* | $22.269062 | $21.155609 |
| Mar 2017* | $22.822222 | $21.681111 |
| Apr 2018* | $23.907418 | $22.712047 |
| May 2018* | $24.239953 | $23.027955 |
| Jun 2018* | $24.873940 | $23.630243 |
| Jul 2018* | $22.797813 | $21.657922 |
| Aug 2018* | $22.620650 | $21.489617 |
| Sep 2018* | $20.483631 | $19.459449 |
| Oct 2018* | $21.284224 | $20.220012 |
| Nov 2018** | $22.359247 | $22.359247 |
| Dec 2018** | $22.731269 | $22.731269 |
| Distribution Month | Average Market Price | Reinvestment Price* |
|---|---|---|
| Jan 2017 | $24.426336 | $23.205019 |
| Feb 2017 | $24.435672 | $23.213888 |
| Mar 2017 | $24.777783 | $23.538894 |
| Apr 2017 | $23.474108 | $22.300403 |
| May 2017 | $22.941735 | $21.794648 |
| Jun 2017 | $22.898339 | $21.753422 |
| Jul 2017 | $23.216150 | $22.055343 |
| Aug 2017 | $22.670879 | $22.487335 |
| Sep 2017 | $23.293470 | $22.128796 |
| Oct 2017 | $23.932024 | $22.735423 |
| Nov 2017 | $23.623564 | $22.442386 |
| Dec 2017 | $23.079815 | $21.925825 |
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