NiSource Sets Ex-Dividend Date for Quarterly Distribution

NiSource Inc. (NI) has announced the schedule for its upcoming quarterly dividend distribution. The company's shares are set to trade ex-dividend on April 30, 2026, marking the cutoff date for investors to be eligible for the current payout. Shareholders of record will receive a distribution of $0.30 per share, with the payment scheduled to be disbursed on May 20, 2026. Based on current market pricing, the company's annualized dividend yield is estimated at 2.47%. From a technical perspective, NiSource has shown resilience over the past year. The stock is currently trading near the top of its 52-week range, with a recent trade of $48.52 against a 52-week high of $48.83 and a low of $37.22. The equity maintains a presence in institutional portfolios, notably comprising 4.53% of the PGIM Jennison Focused Value ETF (PJFV). Additionally, the company has a series of senior preferred stock trading under the symbol NI.PRB. In recent trading sessions, NI shares remained relatively stable, edging up approximately 0.1%. The dividend announcement is consistent with the company's historical payout patterns.