NI Nisource dividend history, payout ratio & dates
Nisource's latest cash dividend of $0.28 per share was issued to shareholders on record before Feb 3, 2025. The dividend distribution stands at $1.08 per share annually, which comes to a dividend yield of 2.68%. The latest NI dividend of $0.28 is an increase from the previous $0.265 payout, representing a growth of 6%.
Key dates
- NI last dividend date: Feb 3, 2025
NI dividend stats
vs. Utilities sector
Dividend yield
Nisource's dividend yield of 2.68% is higher than its peers average but lower than the Utilities sector and the industry average. In comparison with the Utilities sector average of 3.16%, Nisource's dividend yield is 15% lower. The current dividend yield is lower than the historical average of 3.4% of the last 5 years.
Dividend history
Nisource has been paying dividends for the last 31 years. Our records show that NI has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 6% since twelve months ago. However with the price of the stock up by 54% from a year ago, the dividend yield has a decrease of 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 3, 2025 | $0.28 | 2.86% |
| Oct 31, 2024 | $0.265 | 3.01% |
| Jul 31, 2024 | $0.265 | 3.34% |
| Apr 29, 2024 | $0.265 | 3.69% |
| Feb 2, 2024 | $0.265 | 3.96% |
| Oct 30, 2023 | $0.25 | 3.98% |
| Jul 28, 2023 | $0.25 | 3.55% |
| Apr 27, 2023 | $0.25 | 3.4% |
| Feb 6, 2023 | $0.25 | 3.5% |
| Oct 28, 2022 | $0.235 | 3.63% |
| Jul 28, 2022 | $0.235 | 3.09% |
| Apr 28, 2022 | $0.235 | 3.03% |
| Feb 7, 2022 | $0.235 | 3.11% |
| Oct 28, 2021 | $0.22 | 3.57% |
| Jul 29, 2021 | $0.22 | 3.45% |
| Apr 29, 2021 | $0.22 | 3.34% |
| Feb 8, 2021 | $0.22 | 3.81% |
| Oct 29, 2020 | $0.21 | 3.66% |
| Jul 30, 2020 | $0.21 | 3.39% |
| Apr 29, 2020 | $0.21 | 3.16% |
| Feb 10, 2020 | $0.21 | 2.71% |
| Oct 30, 2019 | $0.2 | 2.91% |
| Jul 30, 2019 | $0.2 | 2.69% |
| Apr 29, 2019 | $0.2 | 2.88% |
| Feb 8, 2019 | $0.2 | 2.95% |
| Oct 30, 2018 | $0.195 | 3.01% |
| Jul 30, 2018 | $0.195 | 2.95% |
| Apr 27, 2018 | $0.195 | 3.02% |
| Feb 8, 2018 | $0.195 | 3.2% |
| Oct 30, 2017 | $0.175 | 2.67% |
| Jul 27, 2017 | $0.175 | 2.62% |
| Apr 26, 2017 | $0.175 | 2.82% |
| Feb 8, 2017 | $0.175 | 2.98% |
| Oct 27, 2016 | $0.165 | 2.85% |
| Jul 27, 2016 | $0.165 | 2.47% |
| Apr 27, 2016 | $0.155 | 2.76% |
| Feb 4, 2016 | $0.155 | 3.43% |
| Oct 28, 2015 | $0.155 | 4.35% |
| Jul 29, 2015 | $0.155 | 5.49% |
| Apr 28, 2015 | $0.26 | 2.35% |
| Feb 5, 2015 | $0.26 | 2.29% |
Nisource dividend payout ratio
Payout ratio
Nisource's payout ratio of 66% is above the Utilities sector, the industry and its peers average. But if we consider its Utilities sector average of 63.3%, Nisource's payout ratio is only 4.3% higher.
Total amount of dividends paid per financial year (from cash flow)
NI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DUK Duke Energy CORP | 3.6% | $4.16 | 76.5% |
| SRE Sempra Energy | 2.85% | $2.48 | 54.1% |
| NI Nisource Inc | 2.68% | $1.08 | 66% |
| ATO Atmos Energy Corp | 2.19% | $3.29 | 46.9% |
| GNE Genie Energy Ltd | 2.13% | $0.3 | 375% |
| CPK Chesapeake Utilities Corp | 2.02% | $2.51 | 50.8% |
Frequently asked questions
Does Nisource pay a dividend?
Yes, Nisource has been paying dividends for the last 31 years.
When was NI's last dividend?
Nisource's last dividend ex-date was on Feb 3, 2025. The dividend amount was $0.28 per share.
How much dividend does Nisource pay (per share)?
NI's annualized dividend per share is $1.08.
What is Nisource's dividend yield?
Nisource's current dividend yield is 2.68%.
How often does Nisource pay dividends?
Nisource pays four dividends per year.
What is Nisource's dividend payout ratio?
Nisource's dividend payout ratio is 66%.
Does Nisource pay a good dividend?
Nisource's dividend yield is lower than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.