NiSource declares common and preferred stock dividends

Rhea-AI Summary

The board of directors of NiSource has declared a quarterly common stock dividend of 23.5 cents per share, payable on August 19, 2022, to stockholders recorded by July 29, 2022. Additionally, a dividend of $406.25 per share on the 6.50% Series B Preferred Stock will be paid on September 15, 2022, to stockholders recorded by August 24, 2022. NiSource, serving around 3.2 million natural gas customers and 500,000 electric customers across six states, is committed to delivering affordable energy and is a member of the Dow Jones Sustainability - North America Index.

Positive

• Quarterly common stock dividend of 23.5 cents per share declared.
• Preferred stock dividend of $406.25 per share declared.
• Affirmation of dividend payments demonstrates company confidence.

Negative

• None.

MERRILLVILLE, Ind., May 24, 2022 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 23.5 cents per share, payable August 19, 2022 to stockholders of record at the close of business on July 29, 2022.

The board also declared today a dividend of $406.25 per share on the Corporation's 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, equal to $0.40625 per depositary share, each representing a 1/1000th interest in a share of the Series B Preferred Stock, payable September 15, 2022 to stockholders of record at the close of business on August 24, 2022.

About NiSource
NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource's approximately 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource is a member of the Dow Jones Sustainability - North America Index. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc. NI-F

View original content to download multimedia:https://www.prnewswire.com/news-releases/nisource-declares-common-and-preferred-stock-dividends-301554286.html

SOURCE NiSource Inc.

FAQ

What is the dividend amount for NiSource common stock?

The dividend amount for NiSource common stock is 23.5 cents per share.

When is NiSource's dividend payment date?

The dividend payment date for NiSource's common stock is August 19, 2022.

When is the record date for NiSource's common stock dividend?

The record date for NiSource's common stock dividend is July 29, 2022.

What is the preferred stock dividend amount for NiSource?

The preferred stock dividend amount for NiSource is $406.25 per share.

When is the payment date for NiSource's preferred stock dividend?

The payment date for NiSource's preferred stock dividend is September 15, 2022.

What is the record date for NiSource's preferred stock dividend?

The record date for NiSource's preferred stock dividend is August 24, 2022.