Dividend and Distribution Dates

Common Shares

Since its inception, Northland Power has made regular payments to all shareholders.

Northland Power's Board of Directors sets the dividend amount and schedule. Northland Power annual common share dividend is currently $1.20, paid at the rate of $0.10 per month on the schedule below.

2025 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2025-01-31 2025-02-18 $0.10 Feb 2025-02-28 2025-03-17 $0.10 Mar 2025-03-31 2025-04-15 $0.10 Apr 2025-04-30 2025-05-15 $0.10 May 2025-05-30 2025-06-16 $0.10 Jun 2025-06-30 2025-07-15 $0.10 Jul 2025-07-31 2025-08-15 - - Aug 2025-08-29 2025-09-15 - - Sep 2025-09-30 2025-10-15 - - Oct 2025-10-31 2025-11-17 - - Nov 2025-11-28 2025-12-15 - - Dec 2025-12-31 2026-01-15 - - All Year        $0.60

2024 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2024-01-31 2024-02-15 $0.10 Feb 2024-02-29 2024-03-15 $0.10  Mar 2024-03-28 2024-04-15 $0.10  Apr 2024-04-30 2024-05-15   $0.10  May 2024-05-31 2024-06-17    $0.10  Jun 2024-06-28 2024-07-15 $0.10   Jul 2024-07-31 2024-08-15 $0.10   Aug 2024-08-30 2024-09-16   $0.10  Sep 2024-09-27 2024-10-15   $0.10  Oct 2024-10-31 2024-11-15   $0.10  Nov 2024-11-29 2024-12-16   $0.10   Dec 2024-12-31 2025-01-15   $0.10  All Year        $1.20

2023 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2023-01-31 2023-02-15 $0.10 Feb 2023-02-28 2023-03-15 $0.10 Mar 2023-03-31 2023-04-17 $0.10 Apr 2023-04-28 2023-05-15   $0.10  May 2023-05-31 2023-06-15    $0.10  Jun 2023-06-30 2023-07-17   $0.10   Jul 2023-07-31 2023-08-15 $0.10  Aug 2023-08-31 2023-09-15 $0.10 Sep 2023-09-29 2023-10-16 $0.10  Oct 2023-10-31 2023-11-15   $0.10  Nov 2023-11-30 2023-12-15 $0.10   Dec 2023-12-29 2024-01-15   $0.10  All Year        $1.20

2022 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2022-01-31 2022-02-15 $0.10 Feb 2022-02-28 2022-03-15 $0.10 Mar 2022-03-31 2022-04-18 $0.10 Apr 2022-04-29 2022-05-16 $0.10 May 2022-05-31 2022-06-15   $0.10 Jun 2022-06-30 2022-07-15    $0.10  Jul 2022-07-29 2022-08-15   $0.10  Aug 2022-08-31 2022-09-15   $0.10 Sep 2022-09-30 2022-10-17    $0.10  Oct 2022-10-31 2022-11-15 $0.10  Nov 2022-11-30 2022-12-15 $0.10  Dec 2022-12-30 2023-01-16   $0.10  All Year        $1.20

2021 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2021-01-29 2021-02-16 $0.10 Feb 2021-02-26 2021-03-15 $0.10 Mar 2021-03-31 2021-04-15 $0.10 Apr 2021-04-30 2021-05-17 $0.10 May 2021-05-31 2021-06-15 $0.10 Jun 2021-06-30 2021-07-15 $0.10 Jul 2021-07-30 2021-08-16 $0.10 Aug 2021-08-31 2021-09-15 $0.10 Sep 2021-09-30 2021-10-15 $0.10 Oct 2021-10-29 2021-11-15 $0.10 Nov 2021-11-30 2021-12-15 $0.10 Dec 2021-12-31 2022-01-17 $0.10 All Year       $1.20

2020 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2020-01-31 2020-02-18 $0.10 Feb 2020-02-28 2020-03-16 $0.10 Mar 2020-03-31 2020-04-15 $0.10 Apr 2020-04-30 2020-05-15 $0.10 May 2020-05-29 2020-06-15 $0.10 Jun 2020-06-30 2020-07-15 $0.10 Jul 2020-07-31 2020-08-17 $0.10 Aug 2020-08-31 2020-09-15 $0.10 Sep 2020-09-30 2020-10-15 $0.10 Oct 2020-10-30 2020-11-16 $0.10 Nov 2020-11-30 2020-12-15 $0.10 Dec 2020-12-31 2021-01-15 $0.10 All Year       $1.20

2019 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2019-01-31 2019-02-15 $0.10 Feb 2019-02-28 2019-03-15 $0.10 Mar 2019-03-29 2019-04-15 $0.10 Apr 2019-04-30 2019-05-15 $0.10 May 2019-05-31 2019-06-17 $0.10 Jun 2019-06-28 2019-07-15 $0.10 Jul 2019-07-31 2019-08-15 $0.10 Aug 2019-08-30 2019-09-16 $0.10 Sep 2019-09-30 2019-10-15 $0.10 Oct 2019-10-31 2019-11-15 $0.10 Nov 2019-11-29 2019-12-16 $0.10 Dec 2019-12-31 2020-01-15 $0.10 All Year       $1.20

2018 Dividend Monthly

Month Record Date Payment Date Notice $/Share Jan 2018-01-31 2018-02-15 $0.10 Feb 2018-02-28 2018-03-15   $0.10 Mar 2018-03-30 2018-04-16 $0.10 Apr 2018-04-30 2018-05-15 $0.10 May 2018-05-31 2018-06-15 $0.10 Jun 2018-06-29 2018-07-16 $0.10 Jul 2018-07-31 2018-08-15 $0.10 Aug 2018-08-31 2018-09-17 $0.10 Sep 2018-09-28 2018-10-16 $0.10 Oct 2018-10-31 2018-11-15 $0.10 Nov 2018-11-30 2018-12-14 $0.10 Dec 2018-12-31 2019-01-15 $0.10 All Year       $1.20

Preferred Shares

Preferred Shares – Series 1

• The Series 1 dividend rate will reset on September 30, 2025 and every five years thereafter at a rate equal to the then five-year Government of Canada Bond yield plus 2.80%.

• The holders of Series 2 Preferred Shares are entitled to receive floating dividend of 2.80% over the annual yield on 90-day Government of Canada treasury bills, payable quarterly. 

2025 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share Notice - PDF Q1 Mar. 20 Mar. 31 $0.2001 $0.3871 Q2 June 20 June 30 $0.2001 $0.3515 Q3 Sept. 22  Sept. 30 - - - Q4 Dec. 22   Dec. 31 - - -

2024 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share Notice - PDF Q1 Mar. 20 Mar. 28  $0.2001  $0.4887  Q2 June 20 June 28  $0.2001  $0.4849     Q3 Sept. 20  Sept. 27  $0.2001 $0.4833 Q4 Dec. 20   Dec. 31  $0.2001 $0.4417

2023 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share Notice - PDF Q1 Mar. 20 Mar. 31 $0.2001  $0.4272 Q2 June 20 June 30 $0.2001 $0.4587   Q3 Sept. 20 Sept. 29 $0.2001 $0.4638    Q4 Dec. 20 Dec. 29 $0.2001 $0.5016

2022 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share NPI.PR.C $/Share Notice - PDF Q1 Mar. 21 Mar. 31 $0.2001  $0.1806  $0.3175    Q2 June 20 June 30 $0.2001 $0.2132 $0.3175   Q3 Sept. 20 Sept. 30  $0.2001 $0.2697  $0.3175    Q4 Dec. 20 Dec. 30  $0.2001 $0.3856  N/A

2021 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share NPI.PR.C $/Share Notice - PDF Q1 Mar 22 Mar 31 $0.2001 $0.1794 $0.3175 Q2 Jun 21 Jun 30 $0.2001 $0.1789 $0.3175 Q3 Sep 20 Sep 30 $0.2001 $0.1834 $0.3175 Q4 Dec 20 Dec 31 $0.2001 $0.1878 $0.3175

2020 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share NPI.PR.C $/Share Notice - PDF Q1 Mar 20 Mar 31 $0.2196 $0.2774 $0.3175 Q2 June 22 June 30 $0.2196 $0.2767 $0.3175 Q3 Sept 21 Sept 30 $0.2196 $0.1928 $0.3175 Q4 Dec 21 Dec 31 $0.2001 $0.1859 $0.3175

2019 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share NPI.PR.C $/Share Notice - PDF Q1 Mar 20 Mar 29 $0.2196 $0.2780 $0.3175 Q2 Jun 20 Jun 28 $0.2196 $0.2792 $0.3175 Q3 Sep 20 Sep 30 $0.2196 $0.2829 $0.3175 Q4 Dec 20 Dec 31 $0.2196 $0.2798 $0.3175

2018 Dividend Quarterly

Quarter Record Date Dividend Payment Date NPI.PR.A $/Share NPI.PR.B $/Share NPI.PR.C $/Share Notice - PDF Q1 Mar 20 Mar 30 $0.2196 $0.2262 $0.3175 Q2 Jun 20 Jun 30 $0.2196 $0.2474 $0.3175 Q3 Sep 20 Sep 30 $0.2196 $0.2584 $0.3175 Q4 Dec 20 Dec 31 $0.2196 $0.2584 $0.3175