SmarterDividends
NPIFF

Northland Power Inc.

NPIFF

Utilities · Utilities - Renewable · Stock · monthly payer

$15.85

Undervalued · +130% Add to Portfolio

Forward Yield

3.20%

Annual Dividend

$0.51

Payout Ratio

121%

5-Yr Growth

-1.0%

Ex-Date

Oct 30, 2026

Frequency

Monthly

Key facts about NPIFF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 22, 2026, Northland Power Inc. (NPIFF) has a forward dividend yield of 3.20%, based on an annual dividend of $0.51 per share and a share price of $15.85.
  • As of Oct 22, 2026, NPIFF's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • NPIFF last cut its regular dividend in 2023.
  • NPIFF's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 22, 2026, NPIFF pays out 121% of its trailing 12-month earnings as dividends (its payout ratio).
  • NPIFF's dividend has shrunk at an average rate of 1.0% a year over the past five years.
  • As of Oct 22, 2026, NPIFF's 3.20% yield is 16% below its five-year average yield of 3.82%.
  • As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for NPIFF is $36.49 per share, 130% above the $15.85 share price, so NPIFF screens as undervalued.
  • Northland Power Inc. (NPIFF) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "NPIFF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/NPIFF

Summary

As of Oct 22, 2026, Northland Power Inc. (NPIFF) yields 3.20% ($0.51 a year per share) and has a dividend safety grade of C (50/100).

Is NPIFF a good dividend stock?

Mixed

Northland Power Inc. (NPIFF) pays a monthly dividend yielding 3.20% ($0.51/yr), with 0 years of growth and a dividend-safety grade of C. 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

    Key Data

    Dividend Yield
    3.20%
    Payout Ratio
    121%
    Annual Dividend
    $0.51
    5-Yr Avg Growth
    -1.0%
    Ex-Dividend Date
    Oct 30, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.53
    Market Cap
    $4.1B
    P/E Ratio
    —
    5-Yr Total Return
    -47%
    52-Week Range
    $11.43 – $18.44
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2023)

    NPIFF dividend changes

    Northland Power Inc. (NPIFF) pays a variable dividend: across the 147 payments on record since 2013, 47 were higher than the one before and 62 lower. The latest change was down 2.3% to $0.0420 per share, going ex-dividend on Sep 29, 2026.

    Ex-dateChangeOld → newMove
    Sep 29, 2026Lower$0.0430 → $0.0420−2.3%
    Jul 31, 2026Higher$0.0420 → $0.0430+2.4%
    Jun 30, 2026Lower$0.0440 → $0.0420−4.5%
    Apr 30, 2026Higher$0.0430 → $0.0440+2.3%
    Mar 31, 2026Lower$0.0440 → $0.0430−2.3%
    Jan 30, 2026Lower$0.0720 → $0.0440−38.9%
    Jul 31, 2025Lower$0.0730 → $0.0720−1.4%
    Jun 30, 2025Higher$0.0720 → $0.0730+1.4%
    Apr 30, 2025Higher$0.0700 → $0.0720+2.9%
    Mar 31, 2025Higher$0.0690 → $0.0700+1.4%
    Jan 31, 2025Lower$0.0700 → $0.0690−1.4%
    Dec 31, 2024Lower$0.0710 → $0.0700−1.4%
    Every NPIFF payment →Download every raise and cut (CSV)
    NPIFF ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →NPIFF dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is NPIFF a good dividend stock?

    Mixed. Northland Power Inc. (NPIFF) pays a monthly dividend yielding 3.20% ($0.51/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is NPIFF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NPIFF's fair value is about $36.49 versus a $15.85 share price — so it looks undervalued (+130% vs. fair value).

    Is NPIFF's dividend safe?

    NPIFF has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is NPIFF's fair value?

    Our blended fair-value estimate for NPIFF is about $36.49 per share, roughly 130% above the current $15.85 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is NPIFF a buy, hold, or sell?

    We don't issue formal ratings, but on the data NPIFF screens as "mixed" and undervalued. Northland Power Inc. (NPIFF) pays a monthly dividend yielding 3.20% ($0.51/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will NPIFF cut its dividend?

    NPIFF earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does NPIFF pay a dividend?

    Yes. Northland Power Inc. pays a monthly dividend of about $0.51 per share annually, a forward yield of roughly 3.20%.

    What is NPIFF's dividend yield?

    As of Oct 22, 2026, NPIFF's forward dividend yield is 3.20%, based on a $0.51 annual dividend and a $15.85 share price.

    What is NPIFF's dividend per share?

    As of Oct 22, 2026, NPIFF pays $0.51 per share per year, distributed on a monthly basis.

    What is NPIFF's dividend payout ratio?

    As of Oct 22, 2026, NPIFF's payout ratio is 121% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has NPIFF grown its dividend?

    NPIFF does not currently have a long dividend-growth streak on record.

    When is the next NPIFF ex-dividend date?

    As of Oct 22, 2026, the next ex-dividend date on record for NPIFF is Oct 30, 2026.

    Income Calculator

    At $0.51 / yr per share

    Per payment (monthly)$4.25
    Annual$51.00
    Monthly avg$4.25

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