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Inside NiSource’s Current Dividend Yield

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NiSource: dividend yield

A $7-billion company, NiSource (NI) is currently trading at a dividend yield of 3%, while the Utilities Select Sector SPDR (XLU) yields 3.5%. NiSource’s yield has fallen substantially in the past couple of years due to its declining dividends.

ni dvd

The company’s per-share dividends in the past five years have, in fact, declined 7%, compounded annually. The stock price surge during this period could also be the cause of NiSource’s falling yield.

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Peer dividend yields

Notably, NiSource peers DTE Energy (DTE) and CMS Energy (CMS) are currently trading at dividends yields of 3.1%.

You can learn more about which utility will likely pay higher dividends in 2017 in Market Realist’s D, DUK, NEE, and SO: Top Utilities’ Dividends.

In the next and final part of this series, we’ll discuss what the analysts have to say about NiSource and its peers.

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