NiSource declares common stock dividends

Rhea-AI Summary

The board of directors of NiSource has declared a quarterly common stock dividend of $0.265 per share.

The dividend is payable on August 20, 2024, to shareholders recorded by the close of business on July 31, 2024.

This announcement reflects NiSource's commitment to delivering shareholder value through consistent dividend payments.

Positive

• Declared a quarterly common stock dividend of $0.265 per share.
• Dividend payment scheduled for August 20, 2024.
• Record date for shareholders is July 31, 2024.
• Demonstrates NiSource's commitment to returning value to shareholders.

Negative

• No mention of increased dividend amounts or special dividends.
• Lack of information on overall financial performance or future expectations.

MERRILLVILLE, Ind.--(BUSINESS WIRE)-- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable August 20, 2024, to stockholders of record at the close of business on July 31, 2024.

About NiSource

NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,400 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index, has been named as one of TIME Magazine’s World’s Best Companies and is on Forbes list of America’s Best Employers for Diversity. Learn more about NiSource’s record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at www.NiSource.com. NI-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20240513496192/en/

Media

Christopher Beard

Corporate Media Relations

(224) 399-5705

cbeard@nisource.com

Investors

Christopher Turnure

Investor Relations

(614) 404-9426

cturnure@nisource.com

Michael Weisenburger

Investor Relations

(614) 202-2595

mweisenburger@nisource.com

Source: NiSource Inc.

FAQ

When is NiSource's next dividend payment date?

NiSource's next dividend payment date is August 20, 2024.

What is the amount of NiSource's declared dividend for August 2024?

NiSource has declared a dividend of $0.265 per share for August 2024.

What is the record date for NiSource's dividend payment in August 2024?

The record date for NiSource's dividend payment is July 31, 2024.

Which stock symbol is associated with NiSource's dividend announcement?

NiSource's dividend announcement is associated with the stock symbol NI.

Has NiSource increased its dividend payment amount?

The press release does not mention an increase in NiSource's dividend payment amount.