NiSource Dividends and Buybacks

Dividend criteria checks 3/6

NiSource is a dividend paying company with a current yield of 2.84% that is well covered by earnings. Next payment date is on 20th February, 2025 with an ex-dividend date of 3rd February, 2025.

Key information

2.8%

Dividend yield

-2.9%

Buyback Yield

Total Shareholder Yield-0.09%
Future Dividend Yield3.4%
Dividend Growth2.6%
Next dividend pay date20 Feb 25
Ex dividend date03 Feb 25
Dividend per shareUS$1.060
Payout ratio63%

Recent dividend and buyback updates

NiSource (NYSE:NI) Is Paying Out A Larger Dividend Than Last Year

Jan 27
NiSource (NYSE:NI) Is Paying Out A Larger Dividend Than Last Year

Recent updates

NiSource (NYSE:NI) Is Paying Out A Larger Dividend Than Last Year

Jan 27
NiSource (NYSE:NI) Is Paying Out A Larger Dividend Than Last Year

NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

Jan 03
NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Dec 17
There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Estimating The Fair Value Of NiSource Inc. (NYSE:NI)

Dec 02
Estimating The Fair Value Of NiSource Inc. (NYSE:NI)

NiSource: Well-Positioned With Data Center Upside (Rating Upgrade)

Nov 23

Does NiSource (NYSE:NI) Have A Healthy Balance Sheet?

Oct 11
Does NiSource (NYSE:NI) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At NiSource (NYSE:NI)

Sep 27
Returns On Capital Are Showing Encouraging Signs At NiSource (NYSE:NI)

Is Now The Time To Put NiSource (NYSE:NI) On Your Watchlist?

Sep 12
Is Now The Time To Put NiSource (NYSE:NI) On Your Watchlist?

There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Aug 29
There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

Aug 16
Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

Jul 03
NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

NiSource's Equity Issuance Reduces Upside (Rating Downgrade)

Jun 21

NiSource (NYSE:NI) Is Doing The Right Things To Multiply Its Share Price

Jun 01
NiSource (NYSE:NI) Is Doing The Right Things To Multiply Its Share Price

A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

May 03
A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

NiSource Inc.: While Slightly Undervalued, Higher For Longer May Bring A Deeper Discount

Apr 08

With NiSource Inc. (NYSE:NI) It Looks Like You'll Get What You Pay For

Apr 05
With NiSource Inc. (NYSE:NI) It Looks Like You'll Get What You Pay For

NiSource: A Less Risky Infrastructure Investment With A Growing Yield

Mar 08

NiSource: On Your Mark, Get Set, But Not Yet

Dec 13

NiSource: Positioned For Solid Dividend Growth

Nov 20

NiSource: A Stable Utility Trading At An Attractive Valuation

Sep 10

NiSource Stock Looks Fairly Valued

Jun 30

NiSource: A Risky Bet In A Stable Industry

Feb 21

NiSource declares $0.25 dividend

Jan 26

NiSource Q3 2022 Earnings Preview

Nov 04

NiSource declares $0.235 dividend

Aug 09

NiSource Q2 2022 Earnings Preview

Aug 02

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NI's dividend payments have been volatile in the past 10 years.

Growing Dividend: NI's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

NiSource Dividend Yield vs Market
How does NI dividend yield compare to the market?
SegmentDividend Yield
Company (NI)2.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Integrated Utilities)3.5%
Analyst forecast (NI) (up to 3 years)3.4%

Notable Dividend: NI's dividend (2.84%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: NI's dividend (2.84%) is low compared to the top 25% of dividend payers in the US market (4.45%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (63.4%), NI's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: NI is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:18
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NiSource Inc. is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Nicholas CampanellaBarclays
Daniel FordBarclays