Capital Power (TSE:CPX) had its target price hoisted by National Bank Financial from C$33.00 to C$34.00 in a research note published on Thursday morning. They currently have an outperform rating on the stock.

Shares of Capital Power (CPX) opened at C$24.51 on Thursday. Capital Power has a 1-year low of C$23.15 and a 1-year high of C$26.51.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be issued a dividend of $0.417 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.67 annualized dividend and a dividend yield of 6.81%. Capital Power’s dividend payout ratio is 103.76%.

In other news, Director Donald James Lowry acquired 3,000 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was purchased at an average price of C$24.68 per share, for a total transaction of C$74,040.00.

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Capital Power Company Profile

Capital Power Corporation is a North American power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, New Mexico and Kansas.

Analyst Recommendations for Capital Power (TSE:CPX)

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