Northland Power Inc

NPI: XTSE (CAN)
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Northland Power Earnings: Dividend Cut Is Painful Short Term but a Prudent Decision Long Term

Northland Power reported third-quarter EBITDA of CAD 257 million and left its full-year financial guidance unchanged. The firm also announced a 40% reduction to its dividend, sending shares down 25% at the time of writing on Nov. 13.

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