NiSource Inc.

NiSource Inc.

NIยทNYSE

$45.85

+0.70%
UtilitiesRegulated Gas

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

At a Glance

Live Snapshot
Market Cap$21.98B
EPS1.9600
P/E Ratio23.39
Earnings Date08/05/2026
0.64%
Dividend Yield
-5%
3Y-33.0%
5Y-35.0%
10Y+10.0%
28.34%
Dividend Payout Ratio
-45%
3Y-15.0%
5Y-11.0%
10Y-84.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
NiSource Inc.

NiSource Inc. Dividend History

NI ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NI Dividend Payment History

NI ยท NYSE

Total Payments

50

Latest Dividend

$0.3000

Annual Amount

$1.4600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 11, 2026
Jul 31, 2026Aug 20, 2026
$0.3000
$0.3000
Quarterly0.00%
Mar 17, 2026
Apr 30, 2026May 20, 2026
$0.3000
$0.3000
Quarterly0.00%
Jan 22, 2026
Feb 3, 2026Feb 20, 2026
$0.3000
$0.3000
Quarterly+7.14%
Aug 12, 2025
Oct 31, 2025Nov 20, 2025
$0.2800
$0.2800
Quarterly0.00%
May 12, 2025
Jul 31, 2025Aug 20, 2025
$0.2800
$0.2800
Quarterly0.00%
Mar 18, 2025
Apr 30, 2025May 20, 2025
$0.2800
$0.2800
Quarterly0.00%
Jan 23, 2025
Feb 3, 2025Feb 20, 2025
$0.2800
$0.2800
Quarterly+5.66%
Aug 13, 2024
Oct 31, 2024Nov 20, 2024
$0.2650
$0.2650
Quarterly0.00%
May 13, 2024
Jul 31, 2024Aug 20, 2024
$0.2650
$0.2650
Quarterly0.00%
Mar 19, 2024
Apr 30, 2024May 20, 2024
$0.2650
$0.2650
Quarterly0.00%
Jan 25, 2024
Feb 5, 2024Feb 20, 2024
$0.2650
$0.2650
Quarterly+6.00%
Aug 7, 2023
Oct 31, 2023Nov 20, 2023
$0.2500
$0.2500
Quarterly0.00%
May 23, 2023
Jul 31, 2023Aug 18, 2023
$0.2500
$0.2500
Quarterly0.00%
Mar 14, 2023
Apr 28, 2023May 19, 2023
$0.2500
$0.2500
Quarterly0.00%
Jan 26, 2023
Feb 7, 2023Feb 17, 2023
$0.2500
$0.2500
Quarterly+6.38%
Aug 9, 2022
Oct 31, 2022Nov 18, 2022
$0.2350
$0.2350
Quarterly0.00%
May 24, 2022
Jul 29, 2022Aug 19, 2022
$0.2350
$0.2350
Quarterly0.00%
Mar 15, 2022
Apr 29, 2022May 20, 2022
$0.2350
$0.2350
Quarterly0.00%
Jan 26, 2022
Feb 8, 2022Feb 18, 2022
$0.2350
$0.2350
Quarterly+6.82%
Aug 10, 2021
Oct 29, 2021Nov 19, 2021
$0.2200
$0.2200
Quarterly0.00%
May 25, 2021
Jul 30, 2021Aug 20, 2021
$0.2200
$0.2200
Quarterly0.00%
Mar 16, 2021
Apr 30, 2021May 20, 2021
$0.2200
$0.2200
Quarterly0.00%
Jan 27, 2021
Feb 9, 2021Feb 19, 2021
$0.2200
$0.2200
Quarterly+4.76%
Aug 11, 2020
Oct 30, 2020Nov 20, 2020
$0.2100
$0.2100
Quarterly0.00%
May 19, 2020
Jul 31, 2020Aug 20, 2020
$0.2100
$0.2100
Quarterly0.00%
Mar 17, 2020
Apr 30, 2020May 20, 2020
$0.2100
$0.2100
Quarterly0.00%
Jan 31, 2020
Feb 11, 2020Feb 20, 2020
$0.2100
$0.2100
Quarterly+5.00%
Aug 6, 2019
Oct 31, 2019Nov 20, 2019
$0.2000
$0.2000
Quarterly0.00%
May 6, 2019
Jul 31, 2019Aug 20, 2019
$0.2000
$0.2000
Quarterly0.00%
Mar 19, 2019
Apr 30, 2019May 20, 2019
$0.2000
$0.2000
Quarterly0.00%
Feb 1, 2019
Feb 11, 2019Feb 20, 2019
$0.2000
$0.2000
Quarterly+2.56%
Aug 7, 2018
Oct 31, 2018Nov 20, 2018
$0.1950
$0.1950
Quarterly0.00%
May 8, 2018
Jul 31, 2018Aug 20, 2018
$0.1950
$0.1950
Quarterly0.00%
Mar 27, 2018
Apr 30, 2018May 18, 2018
$0.1950
$0.1950
Quarterly0.00%
Jan 26, 2018
Feb 9, 2018Feb 20, 2018
$0.1950
$0.1950
Quarterly+11.43%
Aug 8, 2017
Oct 31, 2017Nov 20, 2017
$0.1750
$0.1750
Quarterly0.00%
May 9, 2017
Jul 31, 2017Aug 18, 2017
$0.1750
$0.1750
Quarterly0.00%
Mar 21, 2017
Apr 28, 2017May 19, 2017
$0.1750
$0.1750
Quarterly0.00%
Jan 27, 2017
Feb 10, 2017Feb 17, 2017
$0.1750
$0.1750
Quarterly+6.06%
Aug 9, 2016
Oct 31, 2016Nov 18, 2016
$0.1650
$0.1650
Quarterly0.00%
May 11, 2016
Jul 29, 2016Aug 19, 2016
$0.1650
$0.1650
Quarterly+6.45%
Mar 22, 2016
Apr 29, 2016May 20, 2016
$0.1550
$0.1550
Quarterly0.00%
Jan 27, 2016
Feb 8, 2016Feb 19, 2016
$0.1550
$0.1550
Quarterly0.00%
Aug 4, 2015
Oct 30, 2015Nov 20, 2015
$0.1550
$0.1550
Quarterly0.00%
Jul 2, 2015
Jul 31, 2015Aug 20, 2015
$0.1550
$0.1550
Quarterly+51.96%
Mar 24, 2015
Apr 30, 2015May 20, 2015
$0.2600
$0.1020
Quarterly0.00%
Jan 30, 2015
Feb 9, 2015Feb 20, 2015
$0.2600
$0.1020
Quarterly0.00%
Aug 5, 2014
Oct 31, 2014Nov 20, 2014
$0.2600
$0.1020
Quarterly0.00%
May 13, 2014
Jul 31, 2014Aug 20, 2014
$0.2600
$0.1020
Quarterly+4.08%
Mar 25, 2014
Apr 30, 2014May 20, 2014
$0.2500
$0.0980
Quarterly-
ni

NiSource Inc. Payout Ratio Analysis

NI ยท NYSE
Dividends Paid
-530.40M
2025
Net Income
929.50M
2025
Payout Ratio
57.06%
2025

Dividend Sustainability Analysis

Payout Ratio
57.06%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-126.3%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-8.4%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.