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Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | NPICF

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas and renewable resources such as wind and solar. The Company’s segments include offshore wind facilities, onshore renewable facilities, natural gas facilities, and utilities. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Comment by 4CommonSenseon May 20, 2023 3:36pm
104 Views
Post# 35457936

RE:A lot to ponder

RE:A lot to ponderThe dividends are OKAY --- you must be JOKING !!!! They asre 4.3% because the stock price has dropped like a rock $32/s vs. $44/s. The dividends were and still are terrible. NPI chose to squaundered its resources on  terrible investments (i.e.,  the Columbia poer company) rather than giving something decent to shareholders. 

Because the share price was in the $40 range for a long time NPI held the opinion the shareholders were sufficiently rewarded because of the price - an obvious illusion 

It is nonesense to suggest the dividend is reasonable after the stock crashes with little chance of recovery over the next 3-5 year, and there is no hope that the dividend will be increased. 

For someone who supposedly doesn't own any NPI shares, or isn't employed, engaged or paid to spout NPI non-sense,  one has to question why you make these types of comments 
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