NiSource, Inc ( NI ) will begin trading ex-dividend on April 26, 2017. A cash dividend payment of $0.175 per share is scheduled to be paid on May 19, 2017. Shareholders who purchased NI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.9% increase over prior dividend payment. At the current stock price of $24.26, the dividend yield is 2.89%.
The previous trading day's last sale of NI was $24.26, representing a -9.95% decrease from the 52 week high of $26.94 and a 14.6% increase over the 52 week low of $21.17.
NI is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). NI's current earnings per share, an indicator of a company's profitability, is $1. Zacks Investment Research reports NI's forecasted earnings growth in 2017 as 8.2%, compared to an industry average of 3.4%.