STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.08
Forward Annual Dividend Rate
$1.12
Yield
Trailing Annual Dividend Yield
2.73%
Forward Annual Dividend Yield
2.56%
Dividend Date
Dividend Date
Nov 20, 2025
Ex-dividend Date
Oct 31, 2025
3.41 %
58.11
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 12, 2025 | 0.28 | Oct 31, 2025 | Oct 31, 2025 | Nov 20, 2025 |
| May 12, 2025 | 0.28 | Jul 31, 2025 | Jul 31, 2025 | Aug 20, 2025 |
| Mar 18, 2025 | 0.28 | Apr 30, 2025 | Apr 30, 2025 | May 20, 2025 |
| Jan 23, 2025 | 0.28 | Feb 03, 2025 | Feb 03, 2025 | Feb 20, 2025 |
| Aug 13, 2024 | 0.265 | Oct 31, 2024 | Oct 31, 2024 | Nov 20, 2024 |
| May 13, 2024 | 0.265 | Jul 31, 2024 | Jul 31, 2024 | Aug 20, 2024 |
| Mar 19, 2024 | 0.265 | Apr 29, 2024 | Apr 30, 2024 | May 20, 2024 |
| Jan 25, 2024 | 0.265 | Feb 02, 2024 | Feb 05, 2024 | Feb 20, 2024 |
| Aug 07, 2023 | 0.25 | Oct 30, 2023 | Oct 31, 2023 | Nov 20, 2023 |
| May 23, 2023 | 0.25 | Jul 28, 2023 | Jul 31, 2023 | Aug 18, 2023 |
| Mar 14, 2023 | 0.25 | Apr 27, 2023 | Apr 28, 2023 | May 19, 2023 |
| Jan 26, 2023 | 0.25 | Feb 06, 2023 | Feb 07, 2023 | Feb 17, 2023 |
| Aug 09, 2022 | 0.235 | Oct 28, 2022 | Oct 31, 2022 | Nov 18, 2022 |
| May 24, 2022 | 0.235 | Jul 28, 2022 | Jul 29, 2022 | Aug 19, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jul 02, 2015 | 2545:1000 | -0.33% | -3.52% |
| Feb 23, 1998 | 2:1 | +0.10% | +0.30% |
Frequently Asked Questions
Is NiSource Inc. (NI) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. NiSource Inc. is also among the companies that regularly pay dividends.
What is NI's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. NI's annual dividend yield for the trailing 12 months is 2.73.
When did NI last pay a dividend?
NI last paid dividends on 2025-11-20, with the ex-dividend date being 2025-10-31.
When was the last time NI stock split?
NI stock split took place on 02-07-2015.
How did NI's stock split work?
Its last split took place on Jul 2, 2015, when NiSource Inc. went through a 2545:1000 split leaving the shareholder with 2545 share(s) who previously owned 1000 NI share(s).