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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI), a leading fully-regulated utility company in the United States with a market capitalization of $18 billion, has announced a quarterly dividend of $0.28 per share, representing a 2.83% yield. According to InvestingPro data, the company has maintained dividend payments for 39 consecutive years, with 8 straight years of dividend increases. The dividend is scheduled to be paid on August 20, 2025, to shareholders who are on record as of July 31, 2025.
The company, which operates through its local Columbia Gas and NIPSCO brands, provides natural gas and electric service to approximately 3.3 million and 500,000 customers respectively across six states. With revenue growth of 13% and a P/E ratio of 20.3, NiSource’s workforce of about 7,700 employees is focused on delivering safe and reliable energy, which the company identifies as a cornerstone of its value proposition to customers.
NiSource has consistently been recognized for its commitment to sustainability and diversity, with inclusion in the Dow Jones Sustainability - North America Index and Forbes’ lists of America’s Best Employers for Women and Diversity. The company emphasizes its vision to be an innovative and trusted energy partner, with ongoing investments in the communities it serves.
This dividend declaration is a continuation of NiSource’s practice of returning value to its shareholders and reflects the company’s stable financial performance. It’s important to note that this information is based on a press release statement from NiSource Inc.
In other recent news, NiSource Inc. reported its first-quarter 2025 earnings, surpassing analyst expectations with an adjusted EPS of $0.98, compared to the forecast of $0.90. This marks an 8.89% earnings surprise, although revenue fell short at $2.03 billion against the anticipated $2.21 billion. Despite the revenue miss, NiSource reaffirmed its 2025 EPS guidance of $1.85 to $1.89, emphasizing its commitment to a 6-8% EPS growth. The company is investing heavily in renewable energy, with plans for a $19 billion capital investment over the next five years. Analyst firms have not reported any upgrades or downgrades for NiSource, but the company’s strategic initiatives in renewable energy continue to be a focal point. Additionally, discussions around regulatory processes and potential data center generation investments are ongoing, reflecting NiSource’s efforts to adapt to evolving energy demands. The company’s operational efficiency and cost management are highlighted as key factors in achieving its earnings surprise.
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