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Northland Announces Reset Dividend Rate on Its Cumulative Rate Reset Preferred Shares, Series 1

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TORONTO, ON–(Marketwired – August 31, 2015) – Northland Power Inc. (“Northland“) (TSX: NPI) (TSX: NPI.PR.A) (TSX: NPI.PR.C) (TSX: NPI.DB.B) (TSX: NPI.DB.C) announced that pursuant to the share terms in respect of the Cumulative Rate Reset Preferred Shares, Series 1 (“Series 1 Shares“), it has determined the fixed dividend rate for the five years commencing September 30, 2015 and ending September 29, 2020. The fixed quarterly dividends on the Series 1 Shares during that period will be paid at an annual rate of 3.51% (Cdn. $0.22 per …read more

Read more here:: http://www.marketwired.com/mw/release.do?id=2051620&sourceType=3

      

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