NI – Dividend Returns, History & Calculator

Dividend Challenger 9 Years

Dividend Data

Div Yield 2.48%
5Y Avg Yield 2.98%
Current Div $0.300
Payouts/Year 4
Annualized $1.200
Previous Div $0.280
Ex-date Apr 30, 2026
Dividend Pay Date May 20, 2026

Price Data

Price $48.44
Price Change +0.45
Price Change % +0.94%
Next Earnings Report May 6, 2026
Low (52W) $37.22
High (52W) $48.83

Growth Rates

Chowder Number 8.5
DGR 1Y 6.0%
DGR 3Y -1.8%
DGR 5Y 6.0%
DGR 10Y 6.3%

Total Returns

TTR 1Y - With Specials 29.1%
TTR 3Y - With Specials 23.8%
TTR 1Y - No Specials 29.1%
TTR 3Y - No Specials 23.8%

Fair Value

Fair Value (P/E 10) $28.88
FV (P/E 10) % 68.0%
Fair Value (Peter Lynch) $48.75
FV (Peter Lynch) % -1.0%
Fair Value (Blended) $30.96
FV (Blended) % 56.0%

Financial Metrics

Revenue 1Y 19.8%
NPM 14.1%
CF/Share $4.94
ROE 9.1%
Current R 0.7x
Debt/Capital 62.0%
ROTC 4.0%
P/E 24.8x
P/BV 2.5x
PEG 2.74

Company Info

Symbol NI
Company NiSource Inc
Sector Utilities
Industry Utilities - Regulated Gas
Website Visit
Market Cap $23,180.1M
📊 Financial data last updated: April 27, 2026 2:08 pm (Data may be stale)

Calculate your NI Dividend Returns

Quickly and easily calculate NI dividend yield using our NI calculator. Adjust the fields below to see how your NI investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: May 6, 2026 2:37 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000208$48.01$0.302.50%2.50%$271$271239$11,471
2$12,325239$51.58$0.322.47%2.65%$326$597269$13,850
3$14,881269$55.42$0.342.44%2.82%$385$982297$16,466
4$17,691297$59.54$0.362.41%2.99%$449$1,431325$19,339
5$20,778325$63.97$0.382.38%3.17%$517$1,948352$22,495
6$24,169352$68.73$0.402.35%3.37%$592$2,540378$25,961
7$27,892378$73.84$0.432.33%3.58%$672$3,212403$29,764
8$31,978403$79.34$0.462.30%3.80%$759$3,971428$33,937
9$36,462428$85.24$0.482.27%4.03%$852$4,823452$38,514
10$41,379452$91.58$0.512.24%4.28%$953$5,776475$43,533

NI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
04/30/202604/30/2026$0.3002.40%2.49%$48.28
02/03/202602/03/2026$0.3002.59%2.73%$43.96
10/31/202510/31/2025$0.2802.66%2.66%$42.11
07/31/202507/31/2025$0.2802.60%2.64%$42.45
04/30/202504/30/2025$0.2802.79%2.86%$39.11
02/03/202502/03/2025$0.2802.86%2.98%$37.58
10/31/202410/31/2024$0.2653.01%3.01%$35.16
07/31/202407/31/2024$0.2653.34%3.39%$31.25
04/29/202404/29/2024$0.2653.69%3.80%$27.90
02/02/202402/02/2024$0.2653.96%4.14%$25.60
10/30/202310/30/2023$0.2503.98%3.98%$25.12
07/28/202307/28/2023$0.2503.55%3.60%$27.75
04/27/202304/27/2023$0.2503.40%3.50%$28.55
02/06/202302/06/2023$0.2503.50%3.67%$27.27
10/28/202210/28/2022$0.2353.63%3.63%$25.89
07/28/202207/28/2022$0.2353.09%3.14%$29.93
04/28/202204/28/2022$0.2353.03%3.13%$30.06
02/07/202202/07/2022$0.2353.11%3.27%$28.79
10/28/202110/28/2021$0.2203.57%3.57%$24.68
07/29/202107/29/2021$0.2203.45%3.49%$25.20
Page 1 of 1
Invest in NI with Interactive Brokers

NI 10-yr Total Return ($10,000 invested)

This analysis of NI demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 10.3% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 18.7% annually, outpacing the 10-year average. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (NI)

Over the selected period, investing $10,000 in NI would grow to $37,544 with DRIP (275.4%), and $30,746 without DRIP (207.5%).

NI Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in NI with historic price growth (7.44%) and dividend growth (6.16%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $134,510

Annual Dividend: $2,646

Yield on Cost: 7.78%

Total Dividends: $22,453

No DRIP

Portfolio: $113,551

Total Dividends: $17,872

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $349,208

Annual Dividend: $6,095

Yield on Cost: 13.25%

Total Dividends: $62,748

No DRIP

Portfolio: $257,949

Total Dividends: $44,260

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $9,158 against a total investment of $25,600. At this point, your portfolio is throwing off $1,383 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,022, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $22,453 versus $34,000 invested, nearly a 66% recovery of capital purely from income. Yield on cost reaches 7.78%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $4,054 is greater than total contributions to date ($40,000), and cumulative dividends exceed $38,472.

By year 30, the DRIP snowball is in full force. Yearly income reaches $6,095, cumulative dividends total $62,748, and the DRIP portfolio value stands at $349,208, compared with $257,949 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for NI, price $48.01, dividend per period $0.30 (4x/year), along with historic growth assumptions: price growth 7.44% and dividend growth 6.16% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for NI

Based on past 10-year performance, here are NI growth metrics:

Share price CAGR of +11.91%
Dividend CAGR of +7.23%

Using NI CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

NI (DRIP)NI (No DRIP)
Current Price$46.23$46.23
Start Shares216.31216.31
Start Value$10,000$10,000
After 10 years:
Final Share Count265.43216.31
Dividends Payment$2.41$2.41
Annual Dividends$630$522
Yield on cost6.30%5.22%
Share Price$142.45$142.45
Total Dividends$4,352$3,888
Final Value$37,810$34,702

Estimated Future Value + Dividends – NI

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

NI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
04/30/202604/30/2026$0.3002.40%2.49%$48.28
02/03/202602/03/2026$0.3002.59%2.73%$43.96
10/31/202510/31/2025$0.2802.66%2.66%$42.11
07/31/202507/31/2025$0.2802.60%2.64%$42.45
04/30/202504/30/2025$0.2802.79%2.86%$39.11
02/03/202502/03/2025$0.2802.86%2.98%$37.58
10/31/202410/31/2024$0.2653.01%3.01%$35.16
07/31/202407/31/2024$0.2653.34%3.39%$31.25
04/29/202404/29/2024$0.2653.69%3.80%$27.90
02/02/202402/02/2024$0.2653.96%4.14%$25.60
10/30/202310/30/2023$0.2503.98%3.98%$25.12
07/28/202307/28/2023$0.2503.55%3.60%$27.75
04/27/202304/27/2023$0.2503.40%3.50%$28.55
02/06/202302/06/2023$0.2503.50%3.67%$27.27
10/28/202210/28/2022$0.2353.63%3.63%$25.89
07/28/202207/28/2022$0.2353.09%3.14%$29.93
04/28/202204/28/2022$0.2353.03%3.13%$30.06
02/07/202202/07/2022$0.2353.11%3.27%$28.79
10/28/202110/28/2021$0.2203.57%3.57%$24.68
07/29/202107/29/2021$0.2203.45%3.49%$25.20
04/29/202104/29/2021$0.2203.34%3.42%$25.76
02/08/202102/08/2021$0.2203.81%3.94%$22.32
10/29/202010/29/2020$0.2103.66%3.66%$22.96
07/30/202007/30/2020$0.2103.39%3.43%$24.49
04/29/202004/29/2020$0.2103.16%3.24%$25.93
02/10/202002/10/2020$0.2102.71%2.81%$29.86
10/30/201910/30/2019$0.2002.91%2.91%$27.51
07/30/201907/30/2019$0.2002.69%2.70%$29.58
04/29/201904/29/2019$0.2002.88%2.91%$27.46
02/08/201902/08/2019$0.2002.95%3.01%$26.58
10/30/201810/30/2018$0.1953.01%3.01%$25.88
07/30/201807/30/2018$0.1952.95%3.03%$25.72
04/27/201804/27/2018$0.1953.02%3.18%$24.51
02/08/201802/08/2018$0.1953.20%3.47%$22.51
10/30/201710/30/2017$0.1752.67%2.67%$26.25
07/27/201707/27/2017$0.1752.62%2.66%$26.29
04/26/201704/26/2017$0.1752.82%2.91%$24.09
02/08/201702/08/2017$0.1752.98%3.16%$22.18
10/27/201610/27/2016$0.1652.85%2.94%$22.48
07/27/201607/27/2016$0.1652.47%2.59%$25.46
04/27/201604/27/2016$0.1552.76%2.76%$22.49
02/04/201602/04/2016$0.1552.68%2.93%$21.16
10/28/201510/28/2015$0.1552.69%3.25%$19.10
07/29/201507/29/2015$0.1552.71%3.64%$17.04
04/28/201504/28/2015$0.1022.35%2.35%$17.41
02/05/201502/05/2015$0.1022.29%2.31%$17.68
10/29/201410/29/2014$0.1022.45%2.50%$16.35
07/29/201407/29/2014$0.1022.60%2.68%$15.27
04/28/201404/28/2014$0.0982.77%2.77%$14.19
02/06/201402/06/2014$0.0982.93%2.96%$13.27
10/29/201310/29/2013$0.0983.07%3.13%$12.55
07/29/201307/29/2013$0.0983.15%3.25%$12.11
04/26/201304/26/2013$0.0943.11%3.11%$12.11
01/31/201301/31/2013$0.0943.51%3.55%$10.62
10/31/201210/31/2012$0.0943.69%3.77%$10.01
07/27/201207/27/2012$0.0943.63%3.75%$10.06
04/26/201204/26/2012$0.0903.76%3.76%$9.61
02/02/201202/02/2012$0.0904.02%4.02%$8.98
10/27/201110/27/2011$0.0904.11%4.11%$8.80
07/27/201107/27/2011$0.0904.52%4.52%$8.00
04/27/201104/27/2011$0.0904.75%4.75%$7.61
01/27/201101/27/2011$0.0904.91%4.91%$7.37
10/27/201010/27/2010$0.0905.31%5.31%$6.80
07/28/201007/28/2010$0.0905.52%5.52%$6.55
04/28/201004/28/2010$0.0905.69%5.69%$6.35
01/27/201001/27/2010$0.0906.37%6.37%$5.68
10/28/200910/28/2009$0.0907.03%7.03%$5.14
07/29/200907/29/2009$0.0907.19%7.19%$5.03
04/28/200904/28/2009$0.0908.51%8.51%$4.25
01/28/200901/28/2009$0.0908.51%8.51%$4.25
10/29/200810/29/2008$0.0907.27%7.27%$4.97
07/29/200807/29/2008$0.0905.42%5.42%$6.67
04/28/200804/28/2008$0.0905.05%5.05%$7.15
01/29/200801/29/2008$0.0904.94%4.94%$7.31
10/29/200710/29/2007$0.0904.65%4.65%$7.78
07/27/200707/27/2007$0.0904.78%4.78%$7.56
04/26/200704/26/2007$0.0903.69%3.69%$9.79
01/29/200701/29/2007$0.0903.86%3.86%$9.36
10/27/200610/27/2006$0.0903.98%3.98%$9.07
07/27/200607/27/2006$0.0904.02%4.02%$8.99
04/26/200604/26/2006$0.0904.48%4.48%$8.07
01/27/200601/27/2006$0.0904.48%4.48%$8.07
10/27/200510/27/2005$0.0904.05%4.05%$8.92
07/27/200507/27/2005$0.0903.79%3.79%$9.55
04/27/200504/27/2005$0.0904.00%4.00%$9.04
01/27/200501/27/2005$0.0904.05%4.05%$8.93
10/27/200410/27/2004$0.0904.32%4.32%$8.37
07/28/200407/28/2004$0.0904.41%4.41%$8.20
04/28/200404/28/2004$0.0904.74%4.45%$8.13
01/28/200401/28/2004$0.0904.88%4.32%$8.37
10/29/200310/29/2003$0.0905.42%4.53%$7.97
07/29/200307/29/2003$0.1146.14%6.14%$7.43
04/28/200304/28/2003$0.1145.92%5.92%$7.70
01/29/200301/29/2003$0.1146.41%6.41%$7.11
10/29/200210/29/2002$0.1146.95%6.95%$6.56
07/29/200207/29/2002$0.1146.11%6.11%$7.46
04/26/200204/26/2002$0.1145.32%5.32%$8.57
01/29/200201/29/2002$0.1145.74%5.74%$7.95
10/29/200110/29/2001$0.1145.00%5.00%$9.11
07/27/200107/27/2001$0.1144.37%4.44%$10.26
04/26/200104/26/2001$0.1143.81%3.95%$11.55
01/29/200101/29/2001$0.1144.05%4.27%$10.68
10/27/200010/27/2000$0.1064.52%4.52%$9.38
07/27/200007/27/2000$0.1065.34%5.42%$7.83
04/26/200004/26/2000$0.1065.60%5.76%$7.37
01/27/200001/27/2000$0.1065.41%5.65%$7.51
Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

NI Price

Price to Earnings

NI trades at a 41.5x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

NI trades at a 11.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

NI generated $0.0B in revenue. Revenue has declined by 100% over the period.

Net Income

NI reported $0.5B in net income. Net income has grown by 173% over the period.

Revenue vs Net Income

NI generated $0.0B in revenue with net income of $0.5B, representing a 0.0% net profit margin.

Gross Profit

NI achieved $0.0B in gross profit, showing revenue after direct production costs.

Operating Income

NI generated $0.0B in operating income, representing profit from core business operations.

EBITDA

NI generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

NI generated $0.6B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

NI generated $0.6B in free cash flow. Free cash flow has increased by 257% over the period.

Free Cash Flow / Share

NI generates $1.23 in free cash flow per share. FCF per share has grown by 257% over the period.

Earnings Per Share (EPS)

NI reported $1.07 in earnings per share. EPS has grown by 173% over the period.

Return on Equity (ROE)

NI delivered a 11.4% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

NI achieved a 6.8% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

NI maintains a 13.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

NI operates with a 77.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

NI holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

Shares Outstanding

NI has 0.5B shares outstanding.

Stock-Based Comp

NI reported $0.0B in stock-based compensation. Over the period, stock-based compensation has decreased by 100%.

FCF vs Stock Based Comp

NI generated $0.6B in free cash flow while spending $0.0B on stock-based compensation, representing 0% of FCF.

FCF vs FCF / Share

NI reported $0.6B in free cash flow, translating to $1.23 per share.

Revenue: Actual + Estimates

This chart tracks NI revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks NI eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks NI net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks NI ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

About NiSource Inc

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial

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Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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