The Dividend Reinvestment Plan (DRIP) provides eligible beneficial holders of Common Shares an attractive opportunity to reinvest their eligible cash dividends for additional Northland Common Shares. Participants do not pay any costs associated with this plan, including brokerage commissions.
On November 9, 2011, Northland Power announced a change to its existing DRIP, whereby Common Shareholders and Class A Shareholders may elect to reinvest their dividends in Northland Common Shares, at a 5% discount. The new terms apply to shareholders of record who are entitled to cash dividends and have elected to participate in the DRIP for dividends paid on and after December 15, 2011.
For further information or to join the DRIP, Shareholders should contact their financial adviser or broker.
Please click here for Northland Power’s 2015 Revised DRIP Plan.