Page title
Section title
- Dividend Yield
- 5.37%
- Payout Ratio
- 1.60%
- Dividend Amount Per Share
- $1.20
- Last Ex-Dividend Date
- Sep 27, 2024
NPI.TO Dividend Safety
NPI.TO paid out 1.60% of its -$175M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
NPI.TO's Dividend Payout Ratio of 1.6% is considered safe for the Utilities sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
NPI.TO's Interest Coverage Ratio of 2.46 indicates strong financial health with easy coverage of interest expenses.
Income Quality
NPI.TO demonstrates poor income quality with a ratio of -8.168. This indicates low-quality earnings and high risk of dividend cuts.
NPI.TO Dividend Growth
Northland Power Inc.(NPI.TO) offers a dividend yield of 5.37% and pays $1.20 in dividends per share. Explore the historical dividend growth of NPI.TO.
Dividend Stability
NPI.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
NPI.TO's dividend payments have shown very poor growth, growing by 0% over the last 5 years.
Earnings Growth
NPI.TO's earnings have shown very poor growth, shrinking by -27.756% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
NPI.TO Dividend Yield Attractiveness
Northland Power Inc.(NPI.TO) provides a dividend yield of 5.37%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
4.63%
4.78%
5.04%
5.37%
Dividend Yield
NPI.TO's dividend yield of 5.37% is considered good compared to the sector average of 4.629%, providing a strong safety margin for investors.
NPI.TO Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Northland Power Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.