NiSource (NI) will raise its quarterly dividend by 4.0 percent to $0.26 per share in 2014. This follows similar four percent dividend increases by the utility company in the previous two years.
NiSource Inc. is an energy holding company. The company operates a natural gas pipeline and provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. NiSource also provides electric service in the northern part of Indiana. The company's subsidiary NIPSCO owns and operates coal-fired electric generating stations.