TSX:NPIRenewable Energy
Dividend Cut To Fund Offshore Wind Might Change The Case For Investing In Northland Power (TSX:NPI)
Northland Power Inc. recently announced a Monthly dividend of CA$0.0600 per share, payable on January 15, 2026, with the ex-dividend and record dates on December 31, 2025, reflecting a 40% reduction in its annualized payout to CA$0.72 amid higher funding costs and expanding investment opportunities.
Management framed the dividend cut as a way to protect the balance sheet and keep financial flexibility while completing large offshore wind projects in Taiwan and Poland, even as director Doyle...