Back to NI overview

NI Nisource Inc Dividend

Nisource's latest quarterly cash dividend of $0.22 per share was issued to shareholders on record before Oct 28, 2021. The dividend distribution stands at $0.88 per share annually, which comes to a dividend yield of 3.52%.

NI next dividend date: Not announced

NI
DPS
$0.88
Dividend yield
3.52%
Payout ratio
76.5%
Utilities sector
Dividend yield
3.16%
Payout ratio
69.3%

Dividend yield

Nisource's dividend yield of 3.52% is higher than the Utilities sector and the industry average but lower than its peers average.

Dividend history

Nisource has been paying dividends for the last 27 years. Our records show that NI has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 4.8% since twelve months ago. And with the price of the stock up by 0.4% from a year ago, the dividend yield marks an increase of 4.3%.

Recent dividends

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

Dividend payouts

Payout ratio

Nisource's payout ratio of 76.5% is above the Utilities sector, the industry and its peers average.

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