NiSource (NI) Dividend History & Yield
Dividend ContenderNiSource (NI) has increased its dividend for 13 consecutive years and currently yields 2.47%. The most recent dividend was $0.3000/share on May 20, 2026, paid Quarterly.
NI
Current Yield
2.47%
TTM Dividend/Share
$1.16
Payment Frequency
Quarterly
Payout Ratio
57.7%
Consecutive Growth Years
13 (Dividend Contender)
Div Growth (1Y CAGR)
5.66%
Div Growth (5Y CAGR)
5.92%
Div Growth (10Y CAGR)
8.09%
NI: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
8.4%
FCF payout ratio
268.8%
Net debt / EBITDA
5.4x
Interest coverage
2.72x
ROIC (TTM)
6.1%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 57.7%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-0.89) does not fully cover dividend/share ($1.16).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
13 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 268.8%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.4x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (5.9%) ≤ EPS growth (50.2%) — sustainable.
Per-payment dividend history
Ex-date Jul 31, 2026
- Payment date
- Aug 20, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Apr 30, 2026
- Payment date
- May 20, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Feb 3, 2026
- Payment date
- Feb 20, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Oct 31, 2025
- Payment date
- Nov 20, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Jul 31, 2025
- Payment date
- Aug 20, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Apr 30, 2025
- Payment date
- May 20, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Feb 3, 2025
- Payment date
- Feb 20, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Oct 31, 2024
- Payment date
- Nov 20, 2024
- Dividend
- $0.2650
- Adj. dividend
- $0.2650
Ex-date Jul 31, 2024
- Payment date
- Aug 20, 2024
- Dividend
- $0.2650
- Adj. dividend
- $0.2650
Ex-date Apr 29, 2024
- Payment date
- May 20, 2024
- Dividend
- $0.2650
- Adj. dividend
- $0.2650
Ex-date Feb 2, 2024
- Payment date
- Feb 20, 2024
- Dividend
- $0.2650
- Adj. dividend
- $0.2650
Ex-date Oct 30, 2023
- Payment date
- Nov 20, 2023
- Dividend
- $0.2500
- Adj. dividend
- $0.2500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jul 31, 2026 | Aug 20, 2026 | $0.3000 | $0.3000 |
| Apr 30, 2026 | May 20, 2026 | $0.3000 | $0.3000 |
| Feb 3, 2026 | Feb 20, 2026 | $0.3000 | $0.3000 |
| Oct 31, 2025 | Nov 20, 2025 | $0.2800 | $0.2800 |
| Jul 31, 2025 | Aug 20, 2025 | $0.2800 | $0.2800 |
| Apr 30, 2025 | May 20, 2025 | $0.2800 | $0.2800 |
| Feb 3, 2025 | Feb 20, 2025 | $0.2800 | $0.2800 |
| Oct 31, 2024 | Nov 20, 2024 | $0.2650 | $0.2650 |
| Jul 31, 2024 | Aug 20, 2024 | $0.2650 | $0.2650 |
| Apr 29, 2024 | May 20, 2024 | $0.2650 | $0.2650 |
| Feb 2, 2024 | Feb 20, 2024 | $0.2650 | $0.2650 |
| Oct 30, 2023 | Nov 20, 2023 | $0.2500 | $0.2500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
NiSource has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 13 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1200 | — | — |
| 2025 | $1.0600 | $1.1200 | +5.7% |
| 2024 | $1.0000 | $1.0600 | +6.0% |
| 2023 | $0.9400 | $1.0000 | +6.4% |
| 2022 | $0.8800 | $0.9400 | +6.8% |
| 2021 | $0.8400 | $0.8800 | +4.8% |
| 2020 | $0.8000 | $0.8400 | +5.0% |
| 2019 | $0.7800 | $0.8000 | +2.6% |
| 2018 | $0.7000 | $0.7800 | +11.4% |
| 2017 | $0.6400 | $0.7000 | +9.4% |
| 2016 | $0.5143 | $0.6400 | +24.4% |
| 2015 | $0.4008 | $0.5143 | +28.3% |
| 2014 | $0.3851 | $0.4008 | +4.1% |
| 2013 | $0.5150 | $0.3851 | -25.2% |
| 2012 | $0.3615 | $0.5150 | +42.5% |
| 2011 | $0.3615 | $0.3615 | 0.0% |
| 2010 | $0.3615 | $0.3615 | 0.0% |
| 2009 | $0.3615 | $0.3615 | 0.0% |
| 2008 | $0.3615 | $0.3615 | 0.0% |
| 2007 | $0.3615 | $0.3615 | 0.0% |
| 2006 | $0.3615 | $0.3615 | 0.0% |
| 2005 | $0.3615 | $0.3615 | 0.0% |
| 2004 | $0.4322 | $0.3615 | -16.4% |
| 2003 | $0.4558 | $0.4322 | -5.2% |
| 2002 | $0.4558 | $0.4558 | 0.0% |
| 2001 | $0.4244 | $0.4558 | +7.4% |
| 2000 | $0.4008 | $0.4244 | +5.9% |
| 1999 | $0.3772 | $0.4008 | +6.3% |
| 1998 | $0.3536 | $0.3772 | +6.7% |
| 1997 | $0.3301 | $0.3536 | +7.1% |
| 1996 | $0.3065 | $0.3301 | +7.7% |
| 1995 | $0.2829 | $0.3065 | +8.3% |
| 1994 | $0.2593 | $0.2829 | +9.1% |
| 1993 | $0.2436 | $0.2593 | +6.5% |
| 1992 | $0.2279 | $0.2436 | +6.9% |
| 1991 | $0.2043 | $0.2279 | +11.5% |
| 1990 | $0.1650 | $0.2043 | +23.8% |
| 1989 | $0.1179 | $0.1650 | +40.0% |
| 1988 | $0.0295 | $0.1179 | +300.0% |
| 1987 | $0.3065 | $0.0295 | -90.4% |
| 1985 | — | $0.3065 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for NiSource (NI) from the consolidated cash flow statement, in USD as filed.
Latest period
$547.40M
YoY change
+10.3%
5Y CAGR
+10.5%
Peak year (2025)
$530.40M
Latest annual
$530.40M
Cash dividends paid over time for NiSource (NI)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for NiSource (NI)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $530.40M | +10.3% | +$49.40M | ||
| 2024 | $481.00M | +16.3% | +$67.50M | ||
| 2023 | $413.50M | +8.4% | +$32.00M | ||
| 2022 | $381.50M | +10.5% | +$36.30M | ||
| 2021 | $345.20M | +7.3% | +$23.60M | ||
| 2020 | $321.60M | +7.7% | +$23.10M | ||
| 2019 | $298.50M | +9.2% | +$25.20M | ||
| 2018 | $273.30M | +19.3% | +$44.20M | ||
| 2017 | $229.10M | +11.5% | +$23.60M | ||
| 2016 | $205.50M | -22.0% | -$57.90M | ||
| 2015 | $263.40M | -18.0% | -$57.90M | ||
| 2014 | $321.30M | +5.0% | +$15.40M | ||
| 2013 | $305.90M | +12.0% | +$32.70M | ||
| 2012 | $273.20M | +6.0% | +$15.40M | ||
| 2011 | $257.80M | +0.9% | +$2.20M | ||
| 2010 | $255.60M | +0.9% | +$2.30M | ||
| 2009 | $253.30M | +0.4% | +$900,000 | ||
| 2008 | $252.40M | +0.1% | +$300,000 | ||
| 2007 | $252.10M | +0.1% | +$200,000 | ||
| 2006 | $251.90M | +0.6% | +$1.60M | ||
| 2005 | $250.30M | +3.0% | +$7.20M | ||
| 2004 | $243.10M | -14.4% | -$40.90M | ||
| 2003 | $284.00M | +17.6% | +$42.50M | ||
| 2002 | $241.50M | +1.0% | +$2.50M | ||
| 2001 | $239.00M | +81.3% | +$107.20M | ||
| 2000 | $131.80M | +4.9% | +$6.10M | ||
| 1999 | $125.70M | +8.0% | +$9.30M | ||
| 1998 | $116.40M | +4.3% | +$4.80M | ||
| 1997 | $111.60M | +7.3% | +$7.60M | ||
| 1996 | $104.00M | +1.9% | +$1.90M | ||
| 1995 | $102.10M | +5.6% | +$5.40M | ||
| 1994 | $96.70M | — | — |
In 2025, NiSource (NI) dividends paid totalled $530.40M – grew 10.3% year-over-year.
Through 2020–2025 (5 years), NiSource dividends paid delivered a +10.5% annualised rate; sustaining 9 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $530.40M (2025); the minimum reading of $96.70M dates to 1994.
Within Utilities, NiSource (NI) ranks 7th among 8 peers we track. The peer median for dividends paid is $2.14B.
NiSource Dividends Paid 2025: $530.40M
NiSource dividends paid in 2025 was $530.40M, grew 10.3% from 2024. This figure represents the highest annual value in the available history.
NiSource Dividends Paid 2024: $481.00M
NiSource dividends paid in 2024 was $481.00M, grew 16.3% from 2023.
NiSource Dividends Paid 2023: $413.50M
NiSource dividends paid in 2023 was $413.50M, grew 8.4% from 2022.
NiSource Dividends Paid 2022: $381.50M
NiSource dividends paid in 2022 was $381.50M, grew 10.5% from 2021.
NiSource Dividends Paid 2021: $345.20M
NiSource dividends paid in 2021 was $345.20M.
See more financial history for NiSource (NI).
Sector peers by dividends paid
Companies in the same sector as NiSource, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does NiSource pay dividends?
Yes, NiSource (NI) pays quarterly dividends of approximately $1.16 per share annually, yielding 2.47%.
What is NiSource's dividend yield?
NiSource (NI) has a current dividend yield of 2.47%.
Is NiSource's dividend safe?
NiSource (NI) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has NiSource increased its dividend?
NiSource (NI) has 13 consecutive years of dividend increases.
What is NiSource's dividend payout ratio?
NiSource (NI) has a dividend payout ratio of 57.7%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is NiSource's dividends paid?
Latest reported dividends paid for NiSource (NI) is $547.40M (period ending March 31, 2026).
How has NiSource dividends paid changed year-over-year?
NiSource (NI) dividends paid changed +10.3% year-over-year on the latest annual filing.
What is the long-term growth rate of NiSource dividends paid?
NiSource (NI) dividends paid compound annual growth rate is +10.5% over the most recent 5 years available.
When did NiSource dividends paid hit its highest annual value?
NiSource dividends paid reached its highest annual value of $530.40M in 2025.
What was NiSource dividends paid in 2024?
NiSource (NI) dividends paid in 2024 was $481.00M.
What was NiSource dividends paid in 2025?
NiSource (NI) dividends paid in 2025 was $530.40M.
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