uploads///

NiSource’s Returns Outperform Peers’ by a Huge Margin

Vineet Kulkarni - Author
By

Sep. 13 2016, Updated 8:04 a.m. ET

NiSource: Dividend per share

For 2Q16, NiSource (NI) paid a $0.16 dividend per share. NiSource’s one-year dividend growth is around -33%, while its five-year annual dividend growth rate is close to -7%. After the separation of the pipeline business, NiSource paid dividends of $0.16 per share for 3Q15, down from $0.26 per share in the prior quarter.

Although NiSource has trimmed its dividends in the last year, its total returns were higher than those of peers (XLU) (FXU) by a huge margin. The smart rally of more than 45% since the start of 2016 has resulted in jaw-dropping returns.

Article continues below advertisement
Advertisement

Latest Utilities Select Sector SPDR® ETF News and Updates

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.