Nisource Inc dividend yield – NiSource Inc Declares 0.25 Cash Dividend
February 12, 2023
Dividends Yield
Nisource Inc dividend yield – NiSource Inc is a publicly traded, integrated energy company operating across the United States. It is a holding company, with its subsidiaries providing natural gas, electricity and other energy-related products and services. On February 1 2023, NiSource Inc Declares 0.25 Cash Dividend. For those who are keen on dividend stocks, NISOURCE INC ($NYSE:NI) might be a suitable option. Over the last three years, the company has issued annual dividends per share of 0.92, 0.88, and 0.84 USD respectively, yielding 3.26%, 3.7%, and 3.32% from 2020 to 2022 with an average dividend yield of 3.43%. Moreover, the ex-dividend date for NISOURCE INC is February 6 2023, making it a great opportunity for investors who are looking to maximize their return on investment from dividends. It also has a solid balance sheet and consistent cash flow that make it an ideal choice for long-term investors.
Additionally, the company maintains a diversified portfolio of businesses including natural gas distribution, electricity generation, and transmission and distribution services. This helps it to weather economic cycles and remain profitable despite changing market conditions. Overall, NiSource Inc has established itself as a reliable source of income and capital appreciation over the years. With its strong financials and attractive dividend yield, the company has become a prime pick for those looking to invest in the energy sector. With its recent dividend declaration, the company is likely to continue rewarding shareholders for years to come.
Price History
This is representative of NISOURCE INC‘s commitment to returning considerable cash to their shareholders. On the same day, NISOURCE INC stock opened at $27.6 and closed at $27.9, up by 0.4% from last closing price of 27.8. NISOURCE INC is an energy holding company that operates through several subsidiaries in the U.S. and Canada. Its primary businesses include natural gas distribution, electric generation and transmission, and other energy-related services. It provides electricity to more than four million customers, natural gas to more than three million customers and operates regulated energy delivery businesses in seven states.
NISOURCE INC is committed to delivering value to shareholders through its dividend policy, which is reviewed quarterly and adjusted for inflation and changes in business performance. This quarter’s dividend represents a 0.4% yield compared to the company’s closing price on the same day. With the stock’s continued growth, shareholders can expect to benefit from an increasing return on investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nisource Inc. More…
| Total Revenues | Net Income | Net Margin |
| 5.55k | 670.4 | 11.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nisource Inc. More…
| Operations | Investing | Financing |
| 1.31k | -2.49k | 1.2k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nisource Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.58k | 18.07k | 17.72 |
Key Ratios Snapshot
Some of the financial key ratios for Nisource Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.7% | 8.3% | 21.8% |
| FCF Margin | ROE | ROA |
| -13.6% | 10.5% | 3.0% |
Analysis – Nisource Inc Stock Fair Value Calculation
GoodWhale has done an analysis of NISOURCE INC‘s financials and found that the company’s intrinsic value is around $27.9. This was calculated using GoodWhale’s proprietary Valuation Line, which takes into account factors such as the company’s assets, liabilities and current stock performance. Currently, NISOURCE INC’s stock is trading at $27.9, which is a fair price given its intrinsic value. This suggests that the company’s stock is appropriately priced and there is no room for significant upside growth. Investors who are looking for a good long-term investment in the energy sector should strongly consider NISOURCE INC, as it appears to be a stable and reliable investment. In addition to its financials, NISOURCE INC has other strengths, such as its experienced management team and its robust infrastructure. This enables the company to remain competitive in the energy sector and provides long-term stability for investors. Furthermore, NISOURCE INC offers several renewable energy initiatives, which position the company as a leader in sustainability and renewable energy sources. Overall, GoodWhale’s analysis of NISOURCE INC indicates that the company is a stable and reliable long-term investment in the energy sector. With its fair price and other strengths such as its experience management team and renewable energy initiatives, NISOURCE INC is a sound choice for those looking for a good return on their investments. More…
Peers
NiSource Inc is an energy holding company that operates regulated natural gas and electric utilities. The company’s subsidiaries include Columbia Gas of Massachusetts, Inc., Columbia Gas of Ohio, Inc., NIPSCO Industries, Inc., and Northern Indiana Public Service Company. NiSource’s competitors include ALLETE Inc, Ameren Corp, Dominion Energy Inc.
– ALLETE Inc ($NYSE:ALE)
ALLETE Inc. is a diversified energy company with two electric utilities serving more than 750,000 customers in Minnesota and Wisconsin, and a non-regulated business that generates, transmits, stores and distributes electricity. The company has a market cap of 2.89B as of 2022 and a Return on Equity of 4.57%.
– Ameren Corp ($NYSE:AEE)
Ameren Corporation is a utility holding company engaged in the generation, transmission, and distribution of electricity and the distribution of natural gas. The company operates through four segments: electric generation, electric transmission, natural gas transmission, and natural gas distribution.
As of 2022, Ameren’s market capitalization is $19.8 billion and its return on equity is 10.16%. The company is headquartered in St. Louis, Missouri, and serves more than 2.4 million electric and natural gas customers in Missouri and Illinois.
– Dominion Energy Inc ($NYSE:D)
Dominion Energy is an energy company that operates primarily in the United States. The company is involved in the production and distribution of electricity and natural gas. Dominion Energy has a market cap of 53.62B as of 2022 and a Return on Equity of 7.47%. The company is a leading provider of electricity and natural gas in the United States. Dominion Energy has a diversified portfolio of assets and is one of the largest producers and transporters of energy in the United States.
Summary
NISOURCE INC is a suitable option for dividend investors. Over the last three years, the company has consistently paid out an annual dividend per share, ranging from 0.92 USD to 0.84 USD. This has resulted in an average dividend yield of 3.43%. Investors should note that the ex-dividend date for NISOURCE INC is February 6 2023. For a better understanding of the investment potential, one should analyze the financials of the company, which include its earnings growth, balance sheet and debt/equity structure.
Additionally, it would be prudent to assess NISOURCE INC’s cash flow statement, as well as its industry and competitors, to gauge how profitable a potential investment may be.
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