NiSource Inc Stock Dividends
NI pays dividends quarterly. Last paid amount was $0.265 at Feb 20, 2024. As of today, dividend yield (TTM) is 4.89%.
Dividend Yield Range
AI Analysis of NI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.89% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 6.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.265 |
| Next Ex-Dividend Date | Apr 29, 2024 |
| Next Payment Date | May 20, 2024 |
NI Dividend Payout History
To ensure a understanding of NI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 29, 2024 | Apr 29, 2024 | May 20, 2024 | $0.265 | 0.95% |
| 2 | Jan 25, 2024 | Feb 05, 2024 | Feb 20, 2024 | $0.265 | 1.02% |
| 3 | Jan 25, 2024 | Feb 02, 2024 | Feb 20, 2024 | $0.265 | 1.02% |
| 4 | Aug 07, 2023 | Oct 30, 2023 | Nov 20, 2023 | $0.250 | 0.96% |
| 5 | May 23, 2023 | Jul 28, 2023 | Aug 18, 2023 | $0.250 | 0.95% |
| 6 | Mar 14, 2023 | Apr 27, 2023 | May 19, 2023 | $0.250 | 0.91% |
| 7 | Jan 26, 2023 | Feb 06, 2023 | Feb 17, 2023 | $0.250 | 0.92% |
| 8 | Aug 09, 2022 | Oct 28, 2022 | Nov 18, 2022 | $0.235 | 0.89% |
| 9 | May 24, 2022 | Jul 28, 2022 | Aug 19, 2022 | $0.235 | 0.745% |
| 10 | Mar 15, 2022 | Apr 28, 2022 | May 20, 2022 | $0.235 | 0.776% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
NI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NI stock here.
Comparing NI to Sector and Country
NI pays a solid dividend yield of 4.89%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.74%). NI’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.36%), which means that there are more attractive dividend stocks to consider.
