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NiSource (NI) Dividend Yield, Date & History

NiSource logo
$36.17 +0.30 (+0.84%)
(As of 12/20/2024 05:16 PM ET)

NiSource Dividend Summary

Dividend Yield
2.93%
Annual Dividend
$1.06
Recent
Dividend Payment
Nov. 20
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
5.98%
Dividend Payout Ratio
64.24%

NiSource (NI) pays an annual dividend of $1.06 per share, with a dividend yield of 2.93%. The next quarterly payment of $0.2650 per share was paid on Wednesday, November 20, to investors who owned the stock before the ex-dividend date of Thursday, October 31. NI has grown its dividend for 13 consecutive years, with an average annual increase of 1.95%. The company currently pays out 64.24% of its earnings and 26.40% of its cash flow as dividends.

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NI Dividend Payments by Quarter

The chart below displays up to four years of NiSource's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NI Dividend Yield Over Time

The chart below tracks NiSource's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

NiSource vs. The Competition

Compare NiSource's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeNiSourceUtilities CompaniesNYSE Companies
Annual Dividend$1.06$0.04$1.39
Dividend Yield2.93%4.12%3.62%
Annualized 3-Year Dividend Growth5.98%1.33%15.78%
Track Record13 years28 years24 years

NiSource Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings64.24%
Based on This Year's Estimate61.27%
Based on Next Year's Estimate56.99%
Based on Cashflow26.40%

NiSource Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
8/13/2024quarterly$0.2650 - 3.35%10/31/202410/31/202411/20/2024
5/13/2024quarterly$0.2650 - 3.68%7/31/20247/31/20248/20/2024
3/19/2024quarterly$0.2650 - 3.95%4/29/20244/30/20245/20/2024
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1/25/2024quarterly$0.2650+$0.0150
6.00%
4.15%2/2/20242/5/20242/20/2024
8/7/2023quarterly$0.25 - 3.75%10/30/202310/31/202311/20/2023
5/23/2023quarterly$0.25 - 3.65%7/28/20237/31/20238/18/2023
3/14/2023quarterly$0.25 - 3.6%4/27/20234/28/20235/19/2023
1/26/2023quarterly$0.25+$0.0150
6.38%
3.63%2/6/20232/7/20232/17/2023

This table shows NiSource's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

NiSource Dividend - Frequently Asked Questions

The current dividend yield for NiSource is 2.93%. Learn more on NI's dividend yield history.

The annual dividend for NI shares is $1.06. Learn more on NI's annual dividend history.

NiSource pays quarterly dividends to shareholders.

NiSource's most recent quarterly dividend payment of $0.2650 per share was made to shareholders on Wednesday, November 20, 2024.

NiSource's most recent ex-dividend date was Thursday, October 31, 2024.

Over the past three years, the company's dividend has grown by an average of 5.98% per year.

NiSource has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.0150 on Thursday, January 25, 2024.

The dividend payout ratio for NI is:
  • 64.24% based on the trailing year of earnings
  • 61.27% based on this year's estimates
  • 56.99% based on next year's estimates
  • 26.40% based on cash flow

NiSource's dividend yield of 2.99% is lower than the average Utilities company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. NiSource's dividend payout ratio of 64.24% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate NiSource stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:NI) was last updated on 12/22/2024 by MarketBeat.com Staff
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