Tonix Pharmaceuticals stock halted ahead of FDA approval news
MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) announced Tuesday that its board of directors has declared a quarterly dividend of $0.28 per share on its common stock. The dividend will be payable on November 20, 2025, to stockholders of record as of October 31, 2025. According to InvestingPro data, NiSource has maintained dividend payments for 39 consecutive years, with a current yield of 2.66%.
NiSource is a utility company serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its Columbia Gas and NIPSCO brands. The company employs about 7,700 people. With a market capitalization of nearly $20 billion and a strong 37% return over the past year, NiSource maintains a GOOD financial health rating on InvestingPro.
The dividend announcement was made in a press release issued by the company. For deeper insights into NiSource’s financial performance and detailed analysis, access the comprehensive Pro Research Report available exclusively on InvestingPro.
In other recent news, NiSource Inc. reported its second-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.22, slightly above the forecasted $0.21. Additionally, NiSource’s revenue reached $1.16 billion, exceeding the anticipated $1.04 billion. In another development, CFRA raised its price target for NiSource to $45 from $39, maintaining a Hold rating on the stock. The research firm highlighted the company’s attractive growth opportunities, particularly its 8%-10% rate base growth target from 2025 to 2029. These recent developments reflect positive momentum for NiSource, with both earnings and future growth prospects drawing attention from analysts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.