NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
NiSource Dividend Announcement
• NiSource announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-10-31
• NiSource annual dividend for 2024 was $1.06
• NiSource annual dividend for 2023 was $1.00
• NiSource's trailing twelve-month (TTM) dividend yield is 3.81%
• NiSource's payout ratio for the trailing twelve months (TTM) is 62.40%
• NiSource's dividend growth over the last five years (2018-2023) was 5.09% year
• NiSource's dividend growth over the last ten years (2013-2023) was 0.20% year
NiSource Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-31 | $0.27 | quarterly | 2024-11-20 |
| 2024-07-31 | $0.27 | quarterly | 2024-08-20 |
| 2024-04-29 | $0.27 | quarterly | 2024-05-20 |
| 2024-02-02 | $0.27 | quarterly | 2024-02-20 |
| 2023-10-30 | $0.25 | quarterly | 2023-11-20 |
| 2023-07-28 | $0.25 | quarterly | 2023-08-18 |
| 2023-04-27 | $0.25 | quarterly | 2023-05-19 |
| 2023-02-06 | $0.25 | quarterly | 2023-02-17 |
| 2022-10-28 | $0.23 | quarterly | 2022-11-18 |
| 2022-07-28 | $0.23 | quarterly | 2022-08-19 |
| 2022-04-28 | $0.23 | quarterly | 2022-05-20 |
| 2022-02-07 | $0.23 | quarterly | 2022-02-18 |
| 2021-10-28 | $0.22 | quarterly | 2021-11-19 |
| 2021-07-29 | $0.22 | quarterly | 2021-08-20 |
| 2021-04-29 | $0.22 | quarterly | 2021-05-20 |
| 2021-02-08 | $0.22 | quarterly | 2021-02-19 |
| 2020-10-29 | $0.21 | quarterly | 2020-11-20 |
| 2020-07-30 | $0.21 | quarterly | 2020-08-20 |
| 2020-04-29 | $0.21 | quarterly | 2020-05-20 |
| 2020-02-10 | $0.21 | quarterly | 2020-02-20 |
| 2019-10-30 | $0.20 | quarterly | 2019-11-20 |
| 2019-07-30 | $0.20 | quarterly | 2019-08-20 |
| 2019-04-29 | $0.20 | quarterly | 2019-05-20 |
| 2019-02-08 | $0.20 | quarterly | 2019-02-20 |
| 2018-10-30 | $0.20 | quarterly | 2018-11-20 |
| 2018-07-30 | $0.20 | quarterly | 2018-08-20 |
| 2018-04-27 | $0.20 | quarterly | 2018-05-18 |
| 2018-02-08 | $0.20 | quarterly | 2018-02-20 |
| 2017-10-30 | $0.17 | quarterly | 2017-11-20 |
| 2017-07-27 | $0.17 | quarterly | 2017-08-18 |
| 2017-04-26 | $0.17 | quarterly | 2017-05-19 |
| 2017-02-08 | $0.17 | quarterly | 2017-02-17 |
| 2016-10-27 | $0.17 | quarterly | 2016-11-18 |
| 2016-07-27 | $0.17 | quarterly | 2016-08-19 |
| 2016-04-27 | $0.15 | quarterly | 2016-05-20 |
| 2016-02-04 | $0.15 | quarterly | 2016-02-19 |
| 2015-10-28 | $0.15 | quarterly | 2015-11-20 |
| 2015-07-29 | $0.15 | quarterly | 2015-08-20 |
| 2015-04-28 | $0.26 | quarterly | 2015-05-20 |
| 2015-02-05 | $0.26 | quarterly | 2015-02-20 |
| 2014-10-29 | $0.26 | quarterly | 2014-11-20 |
| 2014-07-29 | $0.26 | quarterly | 2014-08-20 |
| 2014-04-28 | $0.25 | quarterly | 2014-05-20 |
| 2014-02-06 | $0.25 | quarterly | 2014-02-20 |
| 2013-10-29 | $0.25 | quarterly | 2013-11-20 |
| 2013-07-29 | $0.25 | quarterly | 2013-08-20 |
| 2013-04-26 | $0.24 | quarterly | 2013-05-20 |
| 2013-01-31 | $0.24 | quarterly | 2013-02-20 |
NiSource Dividend per year
NiSource Dividend growth
NiSource Dividend Yield
NiSource current trailing twelve-month (TTM) dividend yield is 3.81%. Interested in purchasing NiSource stock? Use our calculator to estimate your expected dividend yield:
NiSource Financial Ratios
P/E ratio20.29
PEG ratio-2.25
P/B ratio1.88
ROE9.56%
Payout ratio62.40%
Current ratio0.46
Quick ratio0.35
Cash Ratio0.04
NiSource Dividend FAQ
How much is the next NiSource dividend?
NiSource's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NiSource dividend. The next NiSource dividend will be released in February, April, July, or October.
When is NiSource dividend paid?
NiSource pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does NiSource pay?
The specific amount of NiSource dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NiSource's dividend history.
Does NiSource stock pay dividends?
Yes, NiSource does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find NiSource's dividend history.
How much dividend does NiSource pay?
NiSource paid $1.06 in 2024, $1.0 in 2023, $0.94 in 2022, $0.88 in 2021, and $0.84 in 2020.
How often does NiSource pay dividends?
NiSource typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, April, July, and October.
What is NiSource's dividend yield?
The current dividend yield for NiSource is 3.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate NiSource's exact dividend yield.
When does NiSource go ex dividend?
NiSource's ex-dividend date for the latest dividend was on 2024-10-31. NiSource typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next NiSource dividend paid?
NiSource pays dividends on a quarterly basis, typically around February, April, July, or October, but the exact dates can vary each year.
Will NiSource increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether NiSource will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is NiSource dividend per share?
NiSource paid $1.06 per share in 2024 and $1.0 per share in 2023. The amount of dividend per share that NiSource pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is NiSource a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is NiSource a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is NiSource a dividend stock?
Yes, NiSource is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NiSource a good dividend stock?
Whether NiSource is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NiSource has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating NiSource as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating NiSource as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does NiSource pay dividends monthly?
NiSource typically pays dividends on a quarterly basis.
Does NiSource pay dividends quarterly?
NiSource currently pays dividends on a quarterly basis.
Has NiSource ever paid a dividend?
Yes, NiSource has a history of paying dividends to its shareholders. NiSource is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NiSource dividend stocks?
To buy NiSource you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy NiSource stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy NiSource stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does NiSource pay dividends 2024?
NiSource pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will NiSource increase its dividend in 2024?
Decisions regarding NiSource dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date NiSource dividend overview you can look into the above table of dividend history.
How NiSource dividend works?
The NiSource dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how NiSource's dividend process works:
1. Determination of Dividend: NiSource's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NiSource publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NiSource distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NiSource are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: NiSource's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NiSource publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NiSource distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NiSource are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are NiSource dividends paid?
NiSource dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: NiSource sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NiSource distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NiSource declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: NiSource sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NiSource distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NiSource declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does NiSource pay dividends?
NiSource typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does NiSource pay dividends?
The general pattern is that NiSource pays dividends around February, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is NiSource dividend safe?
The safety of NiSource's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of NiSource's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NiSource's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of NiSource's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NiSource's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.