NI Nisource dividend history, payout ratio & dates
Nisource's latest cash dividend of $0.265 per share was issued to shareholders on record before Oct 31, 2024. The dividend distribution stands at $1.06 per share annually, which comes to a dividend yield of 2.8%.
Key dates
- NI last dividend date: Oct 31, 2024
NI dividend stats
vs. Utilities sector
Dividend yield
Nisource's dividend yield of 2.8% is higher than its peers average but lower than the Utilities sector and the industry average. In comparison with the Utilities sector average of 3.07%, Nisource's dividend yield is 9% 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 30 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 46% from a year ago, the dividend yield has a decrease of 27%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 62.7% is above its peers average but below the Utilities sector and the industry average. But if we consider its Utilities sector average of 63.3%, Nisource's payout ratio is only 0.9% lower.
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% | $4.14 | 76.1% |
| NI Nisource Inc | 2.81% | $1.06 | 62.7% |
| SRE Sempra Energy | 2.59% | $2.46 | 53.6% |
| ATO Atmos Energy Corp | 2.14% | $3.22 | 47.1% |
| GNE Genie Energy Ltd | 1.87% | $0.3 | 375% |
| CPK Chesapeake Utilities Corp | 1.87% | $2.46 | 49.8% |
Frequently asked questions
Does Nisource pay a dividend?
Yes, Nisource has been paying dividends for the last 30 years.
When was NI's last dividend?
Nisource's last dividend ex-date was on Oct 31, 2024. The dividend amount was $0.265 per share.
How much dividend does Nisource pay (per share)?
NI's annualized dividend per share is $1.06.
What is Nisource's dividend yield?
Nisource's current dividend yield is 2.8%.
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 62.7%.
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.