NiSource Inc Stock Dividends
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
AI Analysis of NI
| Dividend Analysis | Generate |
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 70 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | May 24, 2022 | Jul 28, 2022 | Aug 19, 2022 | $0.235 | 0.745% |
| 12 | Mar 15, 2022 | Apr 28, 2022 | May 20, 2022 | $0.235 | 0.776% |
| 13 | Jan 26, 2022 | Feb 07, 2022 | Feb 18, 2022 | $0.235 | 0.83% |
| 14 | Aug 10, 2021 | Oct 28, 2021 | Nov 19, 2021 | $0.220 | 0.87% |
| 15 | May 25, 2021 | Jul 29, 2021 | Aug 20, 2021 | $0.220 | 0.86% |
| 16 | Mar 16, 2021 | Apr 29, 2021 | May 20, 2021 | $0.220 | 0.87% |
| 17 | Jan 27, 2021 | Feb 08, 2021 | Feb 19, 2021 | $0.220 | 0.96% |
| 18 | Aug 11, 2020 | Oct 29, 2020 | Nov 20, 2020 | $0.210 | 0.88% |
| 19 | May 19, 2020 | Jul 30, 2020 | Aug 20, 2020 | $0.210 | 0.91% |
| 20 | Mar 17, 2020 | Apr 29, 2020 | May 20, 2020 | $0.210 | 0.91% |
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
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 4.85%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.54%). NI’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.39%), which means that there are more attractive dividend stocks to consider.
