NiSource Inc Stock Dividends Overview

NI pays dividends quarterly. Last paid amount was $0.265 at May 20, 2024. As of today, dividend yield (TTM) is 4.85%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.85%
Frequency Quarterly
1Y Growth 6.00%
Payout Ratio 0
Amount Per Share $0.265
Next Ex-Dividend Date Jul 31, 2024
Next Payment Date Aug 20, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from NI the purchase should be done within the next 6 days.
Here's a simple guide on how to buy NI stock.

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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 13, 2024 Jul 31, 2024 Aug 20, 2024 $0.265 0.87%
2 May 13, 2024 Jul 30, 2024 Aug 20, 2024 $0.265 0.87%
3 Apr 29, 2024 Apr 29, 2024 May 20, 2024 $0.265 0.91%
4 Jan 25, 2024 Feb 05, 2024 Feb 20, 2024 $0.265 1.02%
5 Jan 25, 2024 Feb 02, 2024 Feb 20, 2024 $0.265 1.02%
6 Aug 07, 2023 Oct 30, 2023 Nov 20, 2023 $0.250 0.96%
7 May 23, 2023 Jul 28, 2023 Aug 18, 2023 $0.250 0.95%
8 Mar 14, 2023 Apr 27, 2023 May 19, 2023 $0.250 0.91%
9 Jan 26, 2023 Feb 06, 2023 Feb 17, 2023 $0.250 0.92%
10 Aug 09, 2022 Oct 28, 2022 Nov 18, 2022 $0.235 0.89%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (65.62%)

Growth potential

Decrease likely (23.54%)

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 4.85%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.01%). NI’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.96%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NI's dividend payments?
The amount of NI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NI stock be automatically reinvested?
If NI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NI stock.

How often does NI pay dividend?
NiSource Inc (NI) pays dividends quarterly. The most recent payout was on May 20, 2024. The upcoming dividend Ex Date is Jul 31, 2024, with an amount of $0.265.

How much does NI pays per share?
The last recorder (Apr 29, 2024) dividend per share was $0.265.

What is NI dividend growth rate?
Over the last year, NiSource Inc has witnessed growth rate of 6.00% . Looking back over the past 3 years, this growth rate has been 6.40%. Furthermore, examining the past 5 years, NiSource Inc has maintained an average Dividends Per Share Growth Rate of 5.79%.
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About NiSource Inc

NiSource 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... NI Profile

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