MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NYSE:NI), a leading fully-regulated utility company in the United States, announced a quarterly dividend of $0.265 per share. The dividend is scheduled to be paid on May 20, 2024, to shareholders who are on record as of April 30, 2024.
NiSource, which serves approximately 3.3 million natural gas customers and 500,000 electric customers across six states, is known for its local brands Columbia Gas and NIPSCO. The company employs around 7,400 individuals who focus on providing safe and reliable energy.
As part of its commitment to sustainability and diversity, NiSource has been recognized as a member of the Dow Jones Sustainability - North America Index and has been listed on Forbes as one of America's Best Employers for Women and Diversity.
The declaration of the dividend reflects the company's ongoing commitment to return value to its shareholders and its confidence in the financial stability of the company. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and NiSource's announcement is a routine part of its financial calendar.
This financial event is based on a press release statement from NiSource Inc. and is intended to inform shareholders and the market about the latest dividend declaration by the company. As is customary with such announcements, the information provided is factual and does not speculate on the company's future performance or broader market trends.
Investors and stakeholders in NiSource Inc. can expect the dividend payment in the latter half of May following the closure of the company's books at the end of April. The announcement of the dividend is a key piece of information for investors as they assess the company's performance and make decisions about their investment portfolios.
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