NiSource Inc.
NI21 yrs growthUtilities · Stock · quarterly payer
$45.85
Add to PortfolioForward Yield
2.62%
Annual Dividend
$1.20
Payout Ratio
57%
5-Yr Growth
5.9%
Ex-Date
Jul 31, 2026
Frequency
Quarterly
NI Dividend Safety Score
86/ 100
Grade A
Very Safe
Dividend-growth streak21 consecutive years of growth
Cut historyCut its dividend in 2004
Earnings payout coverage57% of earnings paid out
Balance-sheet strengthDebt/equity of 1.41
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NI a good dividend stock?
YesNiSource Inc. (NI) pays a quarterly dividend yielding 2.62% ($1.20/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 21 consecutive years of dividend growth
- Comfortable payout ratio (57%)
- Strong 5.9% 5-yr dividend growth
- 89% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2004
Key Data
- Dividend Yield
- 2.62%
- Payout Ratio
- 57%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 21
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $22.0B
- P/E Ratio
- 22.8
- 5-Yr Total Return
- 89%
- 52-Week Range
- $38.45 – $48.98
- Dividend Safety
- A · 86/100
- Ever Cut?
- Yes (2004)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 30, 2026 | — | $0.3000 | regular |
| Feb 3, 2026 | — | $0.3000 | regular |
| Oct 31, 2025 | — | $0.2800 | regular |
| Jul 31, 2025 | — | $0.2800 | regular |
| Apr 30, 2025 | — | $0.2800 | regular |
| Feb 3, 2025 | — | $0.2800 | regular |
| Oct 31, 2024 | — | $0.2650 | regular |
| Jul 31, 2024 | — | $0.2650 | regular |
| Apr 29, 2024 | — | $0.2650 | regular |
| Feb 2, 2024 | — | $0.2650 | regular |
| Oct 30, 2023 | — | $0.2500 | regular |
| Jul 28, 2023 | — | $0.2500 | regular |
| Apr 27, 2023 | — | $0.2500 | regular |
| Feb 6, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.20 / yr per share
Per payment (quarterly)$30.00
Annual$120.00
Monthly avg$10.00
