Nisource Dividend yield

Nisource is part of Gas Water and Multiutilities business, which is part of Utilities industry. Nisource is a company from USA, and his stocks are publicly traded.

Nisource stock dividend

Nisource paid a total dividend of 413 million USD last year, for a market value of 11,052 millions (Market Cap 11,039 millions). Nisource dividend per share is 1.00 USD, and his stock market price 26.76 USD.

According to the chart below, where dividend yield is displayed, Nisource has a dividend yield of 3.74%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Nisource stocks dividend with other Gas Water and Multiutilities companies or other of the highest USA dividend stocks list.

Nisource Dividend Payout

About the ability of Nisource to maintain his current dividend of USD 1.00 per share, an amount that accounts for 3.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Nisource payout on ernings is currently 51.28%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Nisource should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Nisource is USD 3.43 per share, which is higher than the dividend per share paid by the company of USD 1.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Nisource, compared againt world market average, USA companies, Utilities industry and Gas Water and Multiutilities sector companies.

Nisource Dividend History

Below you will find a table with the historical evolution of Nisource's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.74%	1.00	51.28%	413
2022	3.43%	0.94	65.73%	406
2021	3.19%	0.88	0.00%	392
2020	3.66%	0.84	81.55%	383
2019	2.87%	0.80	0.00%	373
2018	3.08%	0.78	162.50%	363
2017	2.73%	0.70	63.06%	337
2016	3.01%	0.66	64.71%	322
2015	3.23%	0.62	34.25%	315

*In millions

Then you can see the evolution of Nisource dividend stock, and compare it with the average of USA stocks and that of the Gas Water and Multiutilities stocks.

Nisource Stock performance

Finally, last moth Nisource showed a return of -3.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -9.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Gas Water and Multiutilities firms.