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Image source: Getty Images The Canadian stock market is setting new highs this week! Don’t you worry, though. Here are two undervalued dividend stocks you can consider today. An undervalued dividend stock First, there’s Northland Power(TSX:NPI), which is a global company that produces electricity from power-producing facilities that use clean energy sources. Its operating assets are primarily under long-term power-purchase agreements or other revenue arrangements with creditworthy customers. Therefore, its portfolio with assets in Canada, Germany, the Netherlands, and Colombia produces stable cash flow. As of the end of March, Northland Power had a net economic interest in 2,266 MW of power-producing facilities with a total operating capacity of roughly 2,681 MW.

Northland powerBaltic powerAlgonquin powerCanadian dividend aristocratFool canadaநார்த்லேண்ட் பவர்பால்டிக் பவர்அல்கொன்கின் பவர்கனடியன் ஈவுத்தொகை பிரபுமுட்டாள் கனடா