NiSource Inc.
S&P 500Last update: May 9, 2026 at 09:32
Dividend Safety Rating
NI's dividend appears safe and well-supported. Strengths include a 56.7% earnings payout ratio & 22.8% cfo payout ratio. Areas of concern: 2.8x interest coverage & 0.6x current ratio. The dividend has been growing at a 5.92% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 56.7%Low earnings payout ratio leaves room to grow the dividend.
- CFO Payout Ratio: 22.8%Operating cash flow strongly supports the payout.
- Operating Margin: 34.8%Healthy operating margin provides a wide buffer.
Risks
- Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
- Interest Coverage: 2.8xInterest coverage is thin relative to debt servicing.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
SafeAbout NiSource Inc.
NiSource Inc. is one of the nation's largest fully regulated utility companies, serving nearly 4 million natural gas and electric customers across six states: Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. Operating primarily through its Gas Distribution Operations segment under the Columbia Gas brand, it provides natural gas service and transportation to residential, commercial, and industrial customers. The Electric Operations segment, managed by NIPSCO, handles the generation, transmission, and distribution of electricity in northern Indiana to approximately 500,000 customers, supported by more than 3,000 megawatts of generation capacity from coal, natural gas, and renewable sources. NiSource Inc. focuses on the modernization and replacement of utility infrastructure, alongside system expansions and regulatory initiatives, to deliver reliable energy solutions. Founded in 1987 and headquartered in Merrillville, Indiana, it plays a vital role in the regulated utilities sector, emphasizing stable energy distribution and infrastructure reliability.
Dividend Overview
Dividend Yield
2.48%
Annual Dividend
$1.16
Frequency
Quarterly
Payout Ratio
56.72%
FCF Payout Ratio
66.82%
Stock Price
$46.72
52-Week Range
$37.22 – $48.98
Dividend History (2016–2025)
NI annual dividend per share and yield history
Earnings & Profitability
NI earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
April 30, 2026
Next Payment Date
May 20, 2026
Dividend Growth
3-Year Dividend CAGR
6.01%
5-Year Dividend CAGR
5.92%
10-Year Dividend CAGR
8.09%
3-Year Total Growth
19.15%
5-Year Total Growth
33.33%
10-Year Total Growth
117.77%
Income Calculator
Similar Dividend Stocks
Frequently Asked Questions
What is NI's current dividend yield?
When is NI's next dividend payment date?
How much does NI pay in dividends per year?
Has NI been increasing its dividend?
Is NI's dividend safe?
How is NI's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track NI Dividends with OnlyDividends
What will NI actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.