NI Dividend History & Analysis | 3.5% Yield

NI has a dividend yield of 3.5% and paid 1.14 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.47%
Payout Ratio 82.0%
Growth Rate CAGR 5y 6.21%
Consistency Lifetime 93.0%
Yield on Cost 5y 6.03%
Payout FCF -
Streak Years 39
Dividend Rating 69.12%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 18.7%
Total Return 5y: 133.5%

Top Dividend Payers in Multi-Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
VIE 25,560 M 4.61% 7.84%
AVA 3,360 M 5.04% 6.46%
BIP 16,895 M 5.22% 6.03%
NGG 84,736 M 4.30% 7.35%
BKH 5,618 M 4.39% 6.75%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
VIE 25,560 M 18.9% 94.9%
CNP 25,710 M 7.87% 94.9%
WEC 35,730 M 7.13% 98.3%
AEE 27,937 M 6.59% 96.5%
CMS 21,756 M 5.68% 84.7%

NI Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-03 2026-02-03 2026-02-20 Quarterly 0.3 7.1% 0.69%
2025-10-31 2025-10-31 2025-11-20 Quarterly 0.28 0% 0.66%
2025-07-31 2025-07-31 2025-08-20 Quarterly 0.28 0% 0.67%
2025-04-30 2025-04-30 2025-05-20 Quarterly 0.28 0% 0.71%
2025-02-03 2025-02-03 2025-02-20 Quarterly 0.28 5.7% 0.76%
2024-10-31 2024-10-31 2024-11-20 Quarterly 0.265 0% 0.76%
2024-07-31 2024-07-31 2024-08-20 Quarterly 0.265 0% 0.85%
2024-04-29 2024-04-30 2024-05-20 Quarterly 0.265 0% 0.95%
2024-02-02 2024-02-05 2024-02-20 Quarterly 0.265 6% 1.03%
2023-10-30 2023-10-31 2023-11-20 Quarterly 0.25 0% 1%
2023-07-28 2023-07-31 2023-08-18 Quarterly 0.25 0% 0.89%
2023-04-27 2023-04-28 2023-05-19 Quarterly 0.25 0% 0.89%
2023-02-06 2023-02-07 2023-02-17 Quarterly 0.25 6.4% 0.93%
2022-10-28 2022-10-31 2022-11-18 Quarterly 0.235 0% 0.93%
2022-07-28 2022-07-29 2022-08-19 Quarterly 0.235 0% 0.8%
2022-04-28 2022-04-29 2022-05-20 Quarterly 0.235 0% 0.78%
2022-02-07 2022-02-08 2022-02-18 Quarterly 0.235 6.8% 0.81%
2021-10-28 2021-10-29 2021-11-19 Quarterly 0.22 0% 0.89%
2021-07-29 2021-07-30 2021-08-20 Quarterly 0.22 0% 0.87%
2021-04-29 2021-04-30 2021-05-20 Quarterly 0.22 0% 0.86%
2021-02-08 2021-02-09 2021-02-19 Quarterly 0.22 4.8% 0.97%
2020-10-29 2020-10-30 2020-11-20 Quarterly 0.21 0% N/A
2020-07-30 2020-07-31 2020-08-20 Quarterly 0.21 0% N/A
2020-04-29 2020-04-30 2020-05-20 Quarterly 0.21 0% N/A
2020-02-10 2020-02-11 2020-02-20 Quarterly 0.21 5% N/A
2019-10-30 2019-10-31 2019-11-20 Quarterly 0.2 0% N/A
2019-07-30 2019-07-31 2019-08-20 Quarterly 0.2 0% N/A
2019-04-29 2019-04-30 2019-05-20 Quarterly 0.2 0% N/A
2019-02-08 2019-02-11 2019-02-20 Quarterly 0.2 2.6% N/A
2018-10-30 2018-10-31 2018-11-20 Quarterly 0.195 0% N/A
2018-07-30 2018-07-31 2018-08-20 Quarterly 0.195 0% N/A
2018-04-27 2018-04-30 2018-05-18 Quarterly 0.195 0% N/A
2018-02-08 2018-02-09 2018-02-20 Quarterly 0.195 11.4% N/A
2017-10-30 2017-10-31 2017-11-20 Quarterly 0.175 0% N/A
2017-07-27 2017-07-31 2017-08-18 Quarterly 0.175 0% N/A
2017-04-26 2017-04-28 2017-05-19 Quarterly 0.175 0% N/A
2017-02-08 2017-02-10 2017-02-17 Quarterly 0.175 6.1% N/A
2016-10-27 2016-10-31 2016-11-18 Quarterly 0.165 0% N/A
2016-07-27 2016-07-29 2016-08-19 Quarterly 0.165 6.5% N/A
2016-04-27 2016-04-29 2016-05-20 Quarterly 0.155 0% N/A
2016-02-04 2016-02-08 2016-02-19 Quarterly 0.155 0% N/A
2015-10-28 2015-10-30 2015-11-20 Quarterly 0.155 0% N/A
2015-07-29 2015-07-31 2015-08-20 Quarterly 0.155 -40.4% N/A
2015-04-28 2015-04-30 2015-05-20 Quarterly 0.26 0% N/A
2015-02-05 2015-02-09 2015-02-20 Quarterly 0.26 0% N/A
2014-10-29 2014-10-31 2014-11-20 Quarterly 0.26 0% N/A
2014-07-29 2014-07-31 2014-08-20 Quarterly 0.26 4% N/A
2014-04-28 2014-04-30 2014-05-20 Quarterly 0.25 0% N/A
2014-02-06 2014-02-10 2014-02-20 Quarterly 0.25 0% N/A
2013-10-29 2013-10-31 2013-11-20 Quarterly 0.25 0% N/A

NI Dividend FAQ

NiSource Inc. (NYSE:NI) is a regulated utility holding company that serves roughly 2.4 million natural-gas customers and 0.5 million electric customers across Ohio, Pennsylvania, Virginia, Kentucky, Maryland, and northern Indiana. Its operations are split between the Columbia Operations and NIPSCO Operations segments, delivering gas via about 37,200 mi of distribution mains and 330 mi of transmission pipelines, while generating, transmitting, and distributing electricity through a diversified mix that includes coal, combined-cycle gas, hydro, wind, and solar assets.

What is the Dividend Yield of NI?

As of February 2026, NI`s dividend yield is 3.47%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.14 USD by the current share price of 44.10.

Does NI pay a dividend?

As of February 2026, NI paid a dividend of 1.14 USD in the last 12 months. The last dividend was paid on 2026-02-03 and the payout was 0.3 USD.

How often does NI pay dividends?

NI pays dividends quarterly. Over the last 12 months, NI has issued 4 dividend payments. The last dividend payment was made on 2026-02-03.

NI dividend forecast

Based on historical data, the forecasted dividends per share for NI for the next 4 payments are between 0.231 (-23.0%) and 0.243 (-19.0%).
This represents a significant dividend cut compared to the last payment.

Will NI pay dividends in 2026?

The latest dividend paid per share was 0.3 USD with an Ex-Dividend Date of 2026-02-03. The next Ex-Dividend date for NiSource (NI) is currently unknown.

What is the next Ex-Dividend Date for NI?

The next Ex-Dividend date for NiSource (NI) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NI?

NI's average dividend growth rate over the past 5 years is 6.21% per year.
Strong growth: NI's Dividend growth is outpacing inflation.

What is the Yield on Cost of NI?

NI's 5-Year Yield on Cost is 6.03%. If you bought NI's shares at 18.89 USD five years ago, your current annual dividend income (1.14 USD per share, trailing 12 months) equals 6.03% of your original purchase price.

What is the Payout Consistency of NI?

NI Payout Consistency is 93.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: NiSource has a strong track record of consistent dividend payments over its lifetime.

Does NI have a good Dividend Yield?

NI`s 3.47% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NI?

The Dividend Payout Ratio of NI is 82.0%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of NI?

NI`s Overall Dividend Rating is 69.12%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NI Outstanding Shares Analysis

What is the Trend in NI's Outstanding Shares?

NiSource's outstanding shares have increased by approximately 2.68% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has NI ever had a Stock Split?

Yes, the last stock split was on Jul 2, 2015 with a ratio of 2545:1000.

This was a forward split: Each share became 2.54 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 142,100,000
1986 146,258,000 +2.93%
1987 146,418,000 +0.11%
1988 146,564,000 +0.1%
1989 142,142,900 -3.02%
1990 137,222,200 -3.46%
1991 128,947,400 -6.03%
1992 133,333,300 +3.4%
1993 132,500,000 -0.62%
1994 125,909,100 -4.97%
1995 127,142,900 +0.98%
1996 122,857,100 -3.37%
1997 123,793,100 +0.76%
1998 119,722,200 -3.29%
1999 127,272,700 +6.31%
2000 120,559,000 -5.28%
2001 205,500,000 +70.46%
2002 253,800,000 +23.5%
2003 262,300,000 +3.35%
2004 270,300,000 +3.05%
2005 272,300,000 +0.74%
2006 273,600,000 +0.48%
2007 273,900,000 +0.11%
2008 274,200,000 +0.11%
2009 276,900,000 +0.98%
2010 279,300,000 +0.87%
2011 282,900,000 +1.29%
2012 311,100,000 +9.97%
2013 314,200,000 +1%
2014 316,600,000 +0.76%
2015 321,100,000 +1.42%
2016 323,700,000 +0.81%
2017 338,000,000 +4.42%
2018 373,400,000 +10.47%
2019 383,100,000 +2.6%
2020 383,800,000 +0.18%
2021 430,300,000 +12.12%
2022 444,900,000 +3.39%
2023 449,300,000 +0.99%
2024 469,900,000 +4.58%
2025 473,700,000 +0.81%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-04 02:38