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NiSource (NiSource) 5-Year Dividend Growth Rate

: 5.20% (As of Dec. 2023)
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NiSource's Dividends per Share for the three months ended in Dec. 2023 was $0.25.

During the past 12 months, NiSource's average Dividends Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NiSource was 43.50% per year. The lowest was -13.20% per year. And the median was 5.50% per year.

NiSource's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.49. As of today, NiSource's Dividend Yield % is 3.70%.

Good Sign:

NiSource Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Gas subindustry, NiSource's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NiSource 5-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, NiSource's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where NiSource's 5-Year Dividend Growth Rate falls into.



NiSource 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


NiSource  (NYSE:NI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

NiSource's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ 0.51
=0.49

During the past 13 years, the highest Dividend Payout Ratio of NiSource was 1.22. The lowest was 0.47. And the median was 0.67.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

NiSource Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2652024-02-022024-02-052024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-10-302023-10-312023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-07-282023-07-312023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-04-272023-04-282023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NiSource's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.015/27.40
=3.70 %

Current Share Price is $27.40.
NiSource's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.015.

During the past 13 years, the highest Dividend Yield of NiSource was 8.61%. The lowest was 2.33%. And the median was 3.39%.

Good Sign:

NiSource Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NiSource 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of NiSource's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


NiSource (NiSource) Business Description

Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Executives
Michael E Jesanis director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham officer: EVP & Chief Innovation Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown officer: Executive Vice President 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson officer: EVP Operations & CSO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia officer: VP, Interim GC & Corp Sec 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs officer: EVP, Strategy & Risk & CCO P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman officer: SVP & CHRO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson director 77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur officer: SVP & President, Gas Utilities 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper officer: SVP and President, NIPSCO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas officer: EVP & President Columbia Gas 801 E. 86TH AVENUE, MERRILLVILLE IN 46410

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