NiSource Dividend
Dividend criteria checks 3/6
NiSource is a dividend paying company with a current yield of 3.79% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
3.8%
Dividend yield
64%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | 20 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | €1.48 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOU's dividend payments have been volatile in the past 10 years.
Growing Dividend: NOU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
NiSource Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NOU) | 3.8% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Integrated Utilities) | 5.6% |
Analyst forecast in 3 Years (NOU) | 4.3% |
Notable Dividend: NOU's dividend (3.79%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: NOU's dividend (3.79%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), NOU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NOU is paying a dividend but the company has no free cash flows.