Northland Power (TSX:NPI) 3-Year Dividend Growth Rate: -1.10% (As of Jun. 2026)

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TSX:NPI Northland Power Inc TSX:NPI
73 GF Score
Price C$21.55
GF Value C$23.28
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Northland Power 3-Year Dividend Growth Rate?

Northland Power TSX:NPI +0.89% 73 3-Year Dividend Growth Rate is -1.10% as of Jun. 2026. GuruFocus rates TSX:NPI with a GF Score™ of 73/100 and a GF Value™ of C$23.28 (Fairly Valued). The stock has 6 warning signs investors should review. Among 145 Utilities - Independent Power Producers companies, Northland Power ranks worse than 65.52% on this metric.

Northland Power's Dividends per Share for the three months ended in Jun. 2026 was C$0.18.

The historical rank and industry rank for Northland Power's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:NPI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.4   Med: 0   Max: 6.3
Current: -1.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northland Power was 6.30% per year. The lowest was -5.40% per year. And the median was 0.00% per year.

TSX:NPI's 3-Year Dividend Growth Rate is ranked worse than
65.52% of 145 companies
in the Utilities - Independent Power Producers industry
Industry Median: 5 vs TSX:NPI: -1.10

During the past 12 months, Northland Power's average Dividends Per Share Growth Rate was -23.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Northland Power's Dividend Payout Ratio for the three months ended in Jun. 2026 was 0.00. As of today, Northland Power's Dividend Yield % is 3.90%.

Warning Sign:

Northland Power Inc stock Dividend Yield % is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.

Northland Power  (TSX:NPI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Northland Power's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.18/ -0.079
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Northland Power was 1.70. The lowest was 0.55. And the median was 0.96.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Northland Power Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0600002026-08-312026-08-312026-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-07-312026-07-312026-08-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-06-302026-06-302026-07-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-05-292026-05-292026-06-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-04-302026-04-302026-05-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-03-312026-03-312026-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-02-272026-02-272026-03-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002026-01-302026-01-302026-02-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002025-12-312025-12-312026-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002025-11-282025-11-282025-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002025-10-312025-10-312025-11-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002025-09-292025-09-292025-10-15Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Northland Power's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/21.55
=3.90 %

Current Share Price is C$21.55.
Northland Power's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.84.

During the past 13 years, the highest Dividend Yield of Northland Power was 7.21%. The lowest was 2.36%. And the median was 4.53%.

Warning Sign:

Northland Power Inc stock Dividend Yield % is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northland Power 3-Year Dividend Growth Rate Related Terms>

Northland Power 3-Year Dividend Growth Rate Competitor Comparison

For the Utilities - Renewable subindustry, Northland Power's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Northland Power 3-Year Dividend Growth Rate vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Northland Power's 3-Year Dividend Growth Rate falls into.


TSX:NPI
73GF Score
Northland Power Inc TSX:NPI
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northland Power 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of -1.10% mean?
Northland Power (TSX:NPI) has a 3-Year Dividend Growth Rate of -1.10% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Northland Power and its competitors. According to the industry distribution chart, Northland Power ranks #95 out of 145 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.5%.
Is Northland Power's 3-Year Dividend Growth Rate too high?
Northland Power's current 3-Year Dividend Growth Rate is -1.10%. Based on the distribution chart, Northland Power ranks #95 out of 145 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Northland Power has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's 3-Year Dividend Growth Rate compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #95 out of 145 companies for 3-Year Dividend Growth Rate. This places Northland Power in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 5.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Independent Power Producers company?
The median 3-Year Dividend Growth Rate among Utilities - Independent Power Producers companies is 5.00, based on 145 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year Dividend Growth Rate is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current 3-Year Dividend Growth Rate is -1.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Fairly Valued. The stock's GF Value™ is C$23.28, compared to a current price of C$21.55 — trading 7.4% below its estimated fair value. The current 3-Year Dividend Growth Rate is -1.10%. Northland Power's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Northland Power (TSX:NPI), the current 3-Year Dividend Growth Rate is -1.10% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northland Power (TSX:NPI) Overvalued in 2026?

Based on GuruFocus' analysis, Northland Power stock appears to be undervalued. The current stock price of C$21.55 is trading 7.4% below its estimated GF Value™ of C$23.28. GuruFocus considers Northland Power to be Fairly Valued.

Key valuation signals for TSX:NPI:

  • 3-Year Dividend Growth Rate: -1.10%
  • GF Value™: C$23.28 vs. price of C$21.55 (7.4% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TSX:NPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northland Power Business Description

Address 30 St. Clair Avenue West, 3rd Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
73GF Score

Get the complete analysis for TSX:NPI

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$21.55
Price
C$23.28
GF Value