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NI Nisource dividend history, payout ratio & dates

Nisource's latest quarterly cash dividend of $0.235 per share was issued to shareholders on record before Jul 28, 2022. The dividend distribution stands at $0.93 per share annually, which comes to a dividend yield of 3.56%.

Key dates

  • NI last dividend date: Jul 28, 2022
  • NI next dividend date: Oct 28, 2022
NI dividend stats
DPS
$0.93
Dividend yield
3.44%
Payout ratio
55.4%
vs. Utilities sector
Dividend yield
3.23%
Payout ratio
63.5%

Dividend yield

What is Nisource current dividend yield

Nisource's dividend yield of 3.56% is higher than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.23%, Nisource's dividend yield is 10% higher. The current dividend yield is higher than the historical average of 3.1% of the last 5 years.

Dividend history

What is NI dividend payout history and dates

Nisource has been paying dividends for the last 28 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 7% from a year ago, the dividend yield has a decrease of 0.6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 28, 2022 Aug 19, 2022 May 24, 2022 $0.235 normal
Apr 28, 2022 May 20, 2022 Mar 15, 2022 $0.235 normal
Feb 7, 2022 Feb 18, 2022 Jan 26, 2022 $0.235 normal
Oct 28, 2021 Nov 19, 2021 Aug 10, 2021 $0.22 normal
Jul 29, 2021 Aug 20, 2021 May 25, 2021 $0.22 normal
Apr 29, 2021 May 20, 2021 Mar 16, 2021 $0.22 normal
Feb 8, 2021 Feb 19, 2021 Jan 27, 2021 $0.22 normal
Oct 29, 2020 Nov 20, 2020 Aug 11, 2020 $0.21 normal
Jul 30, 2020 Aug 20, 2020 May 19, 2020 $0.21 normal
Apr 29, 2020 May 20, 2020 Mar 17, 2020 $0.21 normal
Feb 10, 2020 Feb 20, 2020 Jan 31, 2020 $0.21 normal
Oct 30, 2019 Nov 20, 2019 Aug 6, 2019 $0.2 normal
Jul 30, 2019 Aug 20, 2019 May 6, 2019 $0.2 normal
Apr 29, 2019 May 20, 2019 Mar 19, 2019 $0.2 normal
Feb 8, 2019 Feb 20, 2019 Feb 1, 2019 $0.2 normal
Oct 30, 2018 Nov 20, 2018 Aug 7, 2018 $0.195 normal
Jul 30, 2018 Aug 20, 2018 May 8, 2018 $0.195 normal
Apr 27, 2018 May 18, 2018 Mar 27, 2018 $0.195 normal
Feb 8, 2018 Feb 20, 2018 Jan 26, 2018 $0.195 normal
Oct 30, 2017 Nov 20, 2017 Aug 8, 2017 $0.175 normal
Jul 27, 2017 Aug 18, 2017 May 9, 2017 $0.175 normal
Apr 26, 2017 May 19, 2017 Mar 21, 2017 $0.175 normal
Feb 8, 2017 Feb 17, 2017 Jan 27, 2016 $0.175 normal
Oct 27, 2016 Nov 18, 2016 Aug 9, 2016 $0.165 normal
Jul 27, 2016 Aug 19, 2016 May 11, 2016 $0.165 normal
Apr 27, 2016 May 20, 2016 Mar 22, 2016 $0.155 normal
Feb 4, 2016 Feb 19, 2016 Jan 27, 2016 $0.155 normal
Oct 28, 2015 Nov 20, 2015 Aug 4, 2015 $0.155 normal

Nisource dividend payout ratio

What is Nisource dividend payout ratio compared to the sector

Payout ratio

Nisource's payout ratio of 55.4% is above the industry average but below the Utilities sector average. If we compare it with its Utilities sector average of 63.5%, Nisource's payout ratio is 13% lower.

Total amount of dividends paid per financial year (from cash flow)

NI dividend vs peer dividends

How does NI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
DUK Duke Energy CORP 4.08% $3.96 80%
NI Nisource Inc 3.44% $0.93 55.4%
SRE Sempra Energy 2.88% $4.54 125.6%
ATO Atmos Energy Corp 2.56% $2.72 49.6%
CPK Chesapeake Utilities Corp 1.67% $2.03 40.2%

Frequently asked questions

Does Nisource pay a dividend?

Yes, Nisource has been paying dividends for the last 28 years.

When is Nisource's next dividend?

NI's next dividend is scheduled on Oct 28, 2022 (ex-date).

When was NI's last dividend?

Nisource's last dividend ex-date was on Jul 28, 2022. The dividend amount was $0.235 per share.

How much dividend does Nisource pay (per share)?

NI's annualized dividend per share is $0.93.

What is Nisource's dividend yield?

Nisource's current dividend yield is 3.56%.

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 55.4%.

Does Nisource pay a good dividend?

Nisource's dividend yield is higher than the Utilities sector average.