Stock News Recap: NiSource Inc. (NYSE: NI)

NiSource Inc. (NYSE: NI) has market cap of $10150.2 million and holds 378.88 million shares outstanding. The stock accomplished trade value at $26.79 with -1.80% and traded volume 3619817 shares in recent trading period versus to an average volume of 3216.02K. The stock demonstrated move of 1.63% in previous 5 days graph. Its quarterly performance stands with the percentage of 3.52% while its year to date performance showed change of 5.68%. 

 The Board of Directors of NiSource Inc. (NYSE: NI) declared a quarterly common stock dividend payment of 20 cents per share payable Feb. 20, 2019 to shareholders of record as of Feb. 11, 2019. This represents an annualized dividend of 80 cents per share, compared with 78 cents in 2018.

The Board also declared a dividend of $455.90 per share on the corporation’s 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock equal to $0.4559 per depositary share, each representing a 1/1000th interest in a share of the Series B Preferred Stock, payable March 15, 2019 to stockholders of record at the close of business on Feb. 22, 2019.

NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across seven states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource’s approximately 8,000 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource has been designated a World’s Most Ethical Company by the Ethisphere Institute since 2012, is a member of the Dow Jones Sustainability – North America Index and was named by Forbes magazine as the top-rated utility among America’s Best Large Employers in 2017.

 The stock has monthly performance of 6.86% while its yearly performance remained at 8.55%. Its return on investment (ROI) for the last 12 months was 3.60% and its return on equity (ROE) of -2.10% while return on assets (ROA) is at -0.50%. The Company has an insider ownership of 0.20% and institutional ownership remained 92.40%.

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