NPI
Preferred Shares
2
Credit Rating
P-2
Avg Yield
5.52%
Avg Price
$24.59
| Symbol | Issue Name | Type | Price | Yield | Par | Notes |
|---|---|---|---|---|---|---|
| NPI.PR.A | Northland Power Inc. cumulative rate reset preferred shares series 1 | reset | $25.11 | 5.68% | - | 5YR + 2.80% | Converts to: NPI-B | Series: Northland_Power_Inc._3.51%,_Series_2 |
| NPI.PR.B | Northland Power Inc. cumulative floating rate preferred shares Series 2 | floating | $24.07 | 5.36% | - | 3MTH FLOATING + 2.80% | Converts to: NPI-A | Series: Northland_Power_Inc.,_Series_1 |
Northland Power Inc (NPI) has 2 preferred share series outstanding on the Toronto Stock Exchange — 1 five-year rate resets, 1 floating-rate series. The median trailing indicated yield across the cohort is 5.68%, with NPI.PR.A the highest-yielding series at 5.68% and NPI.PR.B the lowest-priced at $24.07. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
The reset calendar is a practical lens on this issuer: 1 of the active series are five-year rate resets, and the next scheduled repricings are NPI.PR.A on Sep 30, 2030. At each reset the dividend reprices to the 5-year Government of Canada benchmark plus the spread fixed in the series' terms, and holders may elect a floating-rate sibling where the terms provide one.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.