SmarterDividends
NPIFF

Northland Power Inc.

NPIFF

Utilities · Stock · monthly payer

Forward Yield

3.13%

Annual Dividend

$0.52

Payout Ratio

121%

5-Yr Growth

-0.8%

Ex-Date

May 29, 2026

Frequency

Monthly

NPIFF Dividend Safety Score

49/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage121% of earnings paid out
Free-cash-flow coverage13% of free cash flow
Balance-sheet strengthDebt/equity of 1.56
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NPIFF a good dividend stock?

Mixed

Northland Power Inc. (NPIFF) pays a monthly dividend yielding 3.13% ($0.52/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (121%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    3.13%
    Payout Ratio
    121%
    Annual Dividend
    $0.52
    5-Yr Avg Growth
    -0.8%
    Ex-Dividend Date
    May 29, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.61
    Market Cap
    $4.4B
    P/E Ratio
    5-Yr Total Return
    -51%
    52-Week Range
    $11.43 – $18.44
    Dividend Safety
    D · 49/100
    Ever Cut?
    Yes (2023)
    NPIFF ex-dividend date & scheduleNext ex-date May 29, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.52 / yr per share

    Per payment (monthly)$4.33
    Annual$52.00
    Monthly avg$4.33