NiSource (NI) increases dividend by 4.8% in 2021 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
NiSource As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
NiSource As of October 10, 2023	NI	$1.00	6.4%	6.8%	4.8%
Gas/Electric Utility	3.9%	12	5.1%	Quarter	1973

NiSource hikes dividend by 4.8%

Wednesday 27 January 2021

NiSource (NI) will raise its quarterly dividend by 4.8 percent to 22 cents per share in 2021. This follows a 5.0 percent hike to $0.21 per share in the first quarter of 2020. This also marks the 10th consecutive year of annual dividend increases for the energy holding company.

The next dividend is payable February 19, 2021 to shareholders of record as of February 9, 2021. A new annualized dividend of 88 cents per share yields 4.0% at a stock price of $22.17.

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.

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