Welcome to our dedicated page for NiSource news (Ticker: NI), a resource for investors and traders seeking the latest updates and insights on NiSource stock.
NiSource Inc. (NI) delivers essential energy services to millions across its operational footprint through regulated natural gas distribution and electric utility operations. This news hub provides investors and stakeholders with authoritative updates on infrastructure investments, regulatory compliance, and operational milestones shaping the company's role in North America's energy landscape.
Access timely press releases covering earnings reports, safety initiatives, and strategic capital projects. Our curated collection includes filings with public utility commissions, environmental stewardship updates, and community partnership announcements – all critical for evaluating NI's position in the regulated utilities sector.
Key updates focus on grid modernization efforts, rate case developments, and renewable energy integration within NiSource's service territories. Bookmark this page for direct access to primary source materials that inform analysis of the company's operational reliability and long-term infrastructure investment strategy.
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.
NiSource Inc. announced their first-quarter 2024 results, reporting a net income of $344.3 million and adjusted EPS of $0.85, compared to $319.2 million and $0.77 in the same period of 2023. NiSource reaffirmed their 2024 adjusted EPS guidance of $1.70-1.74 and a 6-8% annual EPS growth for 2023-2028. The base capital expenditure plan for 2024-2028 is increased to $16.4 billion. The company's President and CEO, Lloyd Yates, highlighted the positive impact of employee efforts and continued investment in service reliability for customers.
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