NiSource Keeps Dividend Steady

NiSource (NYSE: NI  ) has kept its quarterly dividend level by declaring the same amount as its most recent disbursements. The company will hand out $0.24 per share of its common stock on May 20 to shareholders of record as of April 30. This keeps the distribution in line with the natural gas and electricity company's recent dividend policy -- it has paid that amount in each of its last three quarters.

Before that, NiSource had disbursed $0.23 per share consistently since late 2003. 

The company's current dividend annualizes to $0.96 per share, which yields 3.4% at NiSource's current stock price of $28.63.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2333444, ~/Articles/ArticleHandler.aspx, 9/29/2016 4:41:37 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 4:02 PM
NI $24.21 Down -0.44 -1.78%
NiSource CAPS Rating: *****