GreenPower Motor Company Inc. Common Shares
GPGreenPower Motor Company Inc. is a manufacturer of zero-emission electric vehicles, specializing in buses, commercial vehicles, and specialty vehicles. Founded with a focus on sustainable transportation, the company designs and produces electric school buses, shuttles, and delivery trucks, aiming to provide eco-friendly mobility solutions across various sectors. Its products are built to meet the growing demand for clean energy transportation options.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 28, 2005 | $0.17 | 2005-11-16 | 2005-11-18 |
| August 19, 2005 | $0.17 | 2005-08-05 | 2005-08-09 |
| May 23, 2005 | $0.17 | 2005-05-11 | 2005-05-13 |
| February 24, 2005 | $0.17 | 2005-02-10 | 2005-02-14 |
| November 29, 2004 | $0.12 | 2004-11-17 | 2004-11-19 |
Dividends Summary
- Consistent Payer: GreenPower Motor Company Inc. Common Shares has rewarded shareholders with 9 dividend payments over the past 2 years.
- Total Returned Value: Investors who held GP shares during this period received a total of $1.32 per share in dividend income.
- Latest Payout: The most recent dividend of $0.17/share was paid 7361 days ago, on November 28, 2005.
- Yield & Schedule: GP currently pays dividends quarterly with an annual yield of 70.55%.
- Dividend Growth: Since 2003, the dividend payout has grown by 40.0%, from $0.12 to $0.17.
- Dividend Reliability: GP has maintained or increased its dividend for 9 consecutive payments.
Company News
GreenPower Motor Company Inc. (NASDAQ:GP) announced it has received credit approval from CIBC for $5 million in financing facilities, including a $3 million revolving line of credit and $2 million term loan. The company also closed $5 million in term loans from two family offices and received approval for up to $2.95 million in standby letter of ...
GreenPower Motor Company is voluntarily delisting from the TSX Venture Exchange due to low trading volumes, high compliance costs, and a strategic focus on streamlining operations while maintaining its NASDAQ listing.
GreenPower Motor Company received a Nasdaq determination letter indicating potential delisting due to non-compliance with listing rules, including stock price and equity requirements. The company plans to appeal the decision and request a hearing.
GreenPower Motor Company will consolidate its shares on a 10-to-1 basis, reducing outstanding shares from 30,462,084 to approximately 3,046,229, effective August 28, 2025.
GreenPower Motor Company has closed the fourth tranche of a secured term loan offering for $200,000, with loans from companies controlled by its CEO and a Director. The proceeds will be used for production costs, supplier payments, payroll, and working capital.
