What is the current annual payout ratio of NI?

As of today, NI annual payout ratio is 58.02%

What is 1-year change in NI annual payout ratio?

NI annual payout ratio is down -15.66% year-over-year

What is 3-year change in NI annual payout ratio?

NI annual payout ratio is down -14.66% over the past 3 years

How far is NI annual payout ratio from its all-time high?

NI annual payout ratio is currently -67.43% below its historical high of 178.15% set on December 31, 2017

How does NI annual payout ratio rank versus sector peers?

NI annual payout ratio is higher than 56.64% of companies in Utilities sector

When is NI next annual earnings release?

The next annual earnings release for NI is on February 11, 2026

What is NI next ex-dividend date?

As of today, the next dividend for NI has not been scheduled

What is the current TTM payout ratio of NI?

As of today, NI TTM payout ratio is 59.16%

What is NI TTM payout ratio most recent change?

NI TTM payout ratio remained unchanged on January 9, 2026

What is 1-year change in NI TTM payout ratio?

NI TTM payout ratio is down -9.65% year-over-year

How far is NI TTM payout ratio from its all-time high?

NI TTM payout ratio is currently -77.65% below its historical high of 264.65% set on July 30, 2019

How does NI TTM payout ratio rank versus sector peers?

NI TTM payout ratio is higher than 59.82% of companies in Utilities sector

When is NI next earnings release?

The next earnings release for NI is on February 11, 2026

What is NI next ex-dividend date?

As of today, the next dividend for NI has not been scheduled

What is the current quarterly payout ratio of NI?

As of today, NI quarterly payout ratio is 123.90%

What is NI quarterly payout ratio most recent change?

NI quarterly payout ratio was down -6.09% on September 30, 2025

What is 1-year change in NI quarterly payout ratio?

NI quarterly payout ratio is up +0.70% year-over-year

How far is NI quarterly payout ratio from its all-time high?

NI quarterly payout ratio is currently -98.58% below its historical high of 8,700.00% set on June 30, 2001

How does NI quarterly payout ratio rank versus sector peers?

NI quarterly payout ratio is higher than 91.74% of companies in Utilities sector

When is NI next earnings release?

The next earnings release for NI is on February 11, 2026

What is NI next ex-dividend date?

As of today, the next dividend for NI has not been scheduled

NiSource Inc. (NI) Payout Ratio History & Chart Since 1980

Annual Payout Ratio

58.02%10.77%-15.66%

December 31, 2024

Summary

Current Value: As of today, NI annual payout ratio is 58.02%, down -15.66% on December 31, 2024
Historical Performance: NI annual payout ratio is down -14.66% over the past 3 years, and down -37.32% over the past 5 years
All-Time High Comparison: NI annual payout ratio is currently -67.43% below its historical high of 178.15% set on December 31, 2017
3-Year Low Comparison: NI annual payout ratio is +5.22% above its 3-year low of 55.14% reached on an earlier date
Sector Comparison: NI annual payout ratio is higher than 56.64% of companies in Utilities sector

Payout Ratio Chart

Performance

NI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 24	58.02%	-15.7%	-14.7%	-37.3%	-47.0%
Quarterly Payout Ratio	Sep 30, 25	123.90%	+0.7%	-24.0%	+342.0%	-35.1%
TTM Payout Ratio	Jan 9, 26	59.16%	-9.7%	+6.4%	+113.6%	+64.4%
Price	Jan 9, 26	$42.03	+15.3%	+50.8%	+92.7%	+487.4%
Annual Dividend Yield	Jan 9, 26	2.52%	-13.4%	-25.2%	-34.5%	-52.2%
Annual Dividends Paid	Dec 31, 24	$489.20M	+5.5%	+22.2%	+38.0%	+93.1%
Annual Dividend Per Share	Dec 31, 24	$1.06	+6.0%	+20.4%	+32.5%	+181.0%
Annual Free Cash Flow	Dec 31, 24	-$832.50M	-17.1%	-30.4%	-280.0%	-193.6%
Annual Revenue	Dec 31, 24	$5.46B	-0.9%	+11.3%	+4.7%	-16.6%
Annual EPS	Dec 31, 24	$1.62	+9.4%	+27.5%	+85.5%	+102.5%

Payout Ratio Highs

NI Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	68.79%	Dec 31, 23	-15.7%
5Y	68.79%	Dec 31, 23	-15.7%
All	178.15%	Dec 31, 17	-67.4%

Payout Ratio Lows

NI Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	55.14%	N/A	+5.2%
5Y	-2,652.82%	N/A	+102.2%
All	-2,652.82%	Dec 31, 20	+102.2%

Payout Ratio History

Year	Value	Change
2024	58.02%	-15.7%
2023	68.79%	+24.8%
2022	55.14%	-18.9%
2021	67.99%	+102.6%
2020	-2,652.82%	-2,966.1%
2019	92.56%	+116.4%
2018	-563.04%	-416.0%
2017	178.15%	+184.4%
2016	62.63%	-52.8%
2015	132.63%	+119.1%
2014	60.54%	-2.8%
2013	62.31%	-6.4%
2012	66.54%	-21.6%
2011	84.86%	-2.2%
2010	86.76%	-20.8%
2009	109.56%	+60.5%
2008	68.25%	-15.5%
2007	80.80%	+0.9%
2006	80.07%	-7.8%
2005	86.82%	+53.9%
2004	56.40%	-15.0%
2003	66.32%	+22.5%
2002	54.14%	-45.6%

Year	Value	Change
2001	99.58%	+32.4%
2000	75.19%	+11.6%
1999	67.37%	+17.2%
1998	57.50%	+2.8%
1997	55.93%	-0.2%
1996	56.06%	+1.3%
1995	55.34%	-9.7%
1994	61.27%	+0.4%
1993	61.04%	+4.0%
1992	58.68%	-8.1%
1991	63.82%	+3.9%
1990	61.43%	+13.5%
1989	54.10%	+51.2%
1988	35.79%	-51.7%
1987	74.04%	+138.4%
1986	-192.90%	-284.0%
1985	104.81%	+7.5%
1984	97.47%	+7.3%
1983	90.84%	-38.7%
1982	148.07%	+34.1%
1981	110.38%	+6.1%
1980	104.02%	-

FAQ

What is the current annual payout ratio of NI?
As of today, NI annual payout ratio is 58.02%
What is 1-year change in NI annual payout ratio?
NI annual payout ratio is down -15.66% year-over-year
What is 3-year change in NI annual payout ratio?
NI annual payout ratio is down -14.66% over the past 3 years
How far is NI annual payout ratio from its all-time high?
NI annual payout ratio is currently -67.43% below its historical high of 178.15% set on December 31, 2017
How does NI annual payout ratio rank versus sector peers?
NI annual payout ratio is higher than 56.64% of companies in Utilities sector
When is NI next annual earnings release?
The next annual earnings release for NI is on February 11, 2026
What is NI next ex-dividend date?
As of today, the next dividend for NI has not been scheduled

TTM Payout Ratio

59.16%0.00%0.00%

January 9, 2026

Summary

Current Value: As of today, NI TTM payout ratio is 59.16%, unchanged on January 9, 2026
Historical Performance: NI TTM payout ratio is down -9.65% year-over-year, and up +6.44% over the past 3 years
All-Time High Comparison: NI TTM payout ratio is currently -77.65% below its historical high of 264.65% set on July 30, 2019
3-Year Low Comparison: NI TTM payout ratio is +35.56% above its 3-year low of 43.64% reached on April 29, 2025
Sector Comparison: NI TTM payout ratio is higher than 59.82% of companies in Utilities sector

Performance

NI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jan 9, 26	59.16%	+1.4%	-9.7%	+6.4%	+113.6%
Quarterly Payout Ratio	Sep 30, 25	123.90%	-6.1%	+0.7%	-24.0%	+342.0%
Annual Payout Ratio	Dec 31, 24	58.02%	–	-15.7%	-14.7%	-37.3%
Price	Jan 9, 26	$42.03	-2.1%	+15.3%	+50.8%	+92.7%
TTM Dividend Yield	Jan 9, 26	2.66%	+3.5%	-8.6%	-21.1%	-30.9%
TTM Dividends Paid	Sep 30, 25	$520.40M	+2.6%	+7.8%	+21.7%	+40.3%
TTM Dividend Per Share	Jan 9, 26	$1.12	+1.4%	+5.7%	+19.1%	+33.3%
TTM Free Cash Flow	Sep 30, 25	-$506.50M	+10.9%	+46.9%	+33.5%	+11.8%
TTM Revenue	Sep 30, 25	$6.33B	+3.2%	+19.6%	+13.9%	+30.0%
TTM EPS	Sep 30, 25	$1.89	+0.6%	+15.0%	+23.9%	+344.6%

TTM Payout Ratio Highs

NI TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	66.40%	Feb 3, 25	-10.9%
3Y	85.62%	Feb 2, 24	-30.9%
5Y	238.23%	Apr 29, 21	-75.2%
All	264.65%	Jul 30, 19	-77.7%

TTM Payout Ratio Lows

NI TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	43.64%	Apr 29, 25	+35.6%
3Y	43.64%	Apr 29, 25	+35.6%
5Y	-548.65%	Feb 8, 21	+110.8%
All	-645.03%	Feb 8, 19	+109.2%

TTM Payout Ratio History

Month	Value	Change
Jan 2026	59.16%	+1.4%
Sep 2025	58.36%	+0.8%
Jun 2025	57.91%	-0.0%
Mar 2025	57.92%	-11.5%
Dec 2024	65.48%	+3.1%
Sep 2024	63.49%	+0.5%
Jun 2024	63.19%	-4.8%
Mar 2024	66.35%	-2.0%
Dec 2023	67.68%	+2.6%
Sep 2023	65.97%	-2.2%
Jun 2023	67.45%	+3.8%
Mar 2023	64.98%	+16.9%
Dec 2022	55.58%	-8.1%
Sep 2022	60.51%	+1.5%
Jun 2022	59.63%	+1.0%
Mar 2022	59.06%	-13.1%
Dec 2021	67.96%	-12.5%
Sep 2021	77.65%	-53.1%
Jun 2021	165.64%	-29.7%
Mar 2021	235.46%	+154.2%
Dec 2020	-434.78%	-305.5%
Sep 2020	-107.22%	+59.9%
Jun 2020	-267.19%	-263.5%
Mar 2020	163.37%	+80.2%
Dec 2019	90.67%	+40.2%
Sep 2019	64.66%	-75.4%
Jun 2019	262.98%	+230.3%
Mar 2019	-201.90%	+68.5%
Dec 2018	-640.92%	-88.9%
Sep 2018	-339.29%	-451.4%
Jun 2018	96.56%	-24.3%
Mar 2018	127.55%	-27.2%
Dec 2017	175.22%	+110.7%
Sep 2017	83.15%	+6.6%
Jun 2017	78.01%	+29.7%
Mar 2017	60.13%	-3.5%
Dec 2016	62.32%	-7.3%
Sep 2016	67.23%	-9.2%
Jun 2016	74.01%	-17.9%
Mar 2016	90.20%	+55.3%
Dec 2015	58.09%	+47.0%
Sep 2015	39.52%	+22.0%
Jun 2015	32.40%	+28.7%
Mar 2015	25.17%	+0.9%
Dec 2014	24.94%	+0.8%
Sep 2014	24.74%	+4.5%
Jun 2014	23.67%	-0.0%
Mar 2014	23.68%	-6.4%
Dec 2013	25.31%	-2.3%
Sep 2013	25.90%	-5.1%
Jun 2013	27.30%	+1.4%
Mar 2013	26.91%	-3.0%
Dec 2012	27.74%	-26.6%
Sep 2012	37.78%	+6.7%
Jun 2012	35.41%	-9.3%
Mar 2012	39.05%	+6.2%
Dec 2011	36.76%	+6.6%
Sep 2011	34.48%	-0.1%
Jun 2011	34.53%	-3.2%
Mar 2011	35.66%	-0.9%
Dec 2010	35.98%	+15.3%
Sep 2010	31.21%	-12.6%
Jun 2010	35.70%	-8.2%
Mar 2010	38.87%	-17.9%
Dec 2009	47.35%	+40.6%
Sep 2009	33.67%	+11.2%
Jun 2009	30.27%	-59.6%
Mar 2009	74.96%	+34.3%
Dec 2008	55.82%	-53.8%
Sep 2008	120.74%	-18.0%
Jun 2008	147.23%	+323.3%

Month	Value	Change
Mar 2008	34.78%	+5.0%
Dec 2007	33.11%	-0.8%
Sep 2007	33.37%	+5.1%
Jun 2007	31.75%	-2.0%
Mar 2007	32.41%	-11.6%
Dec 2006	36.66%	+3.6%
Sep 2006	35.40%	-13.0%
Jun 2006	40.68%	-5.0%
Mar 2006	42.81%	+16.0%
Dec 2005	36.92%	+30.7%
Sep 2005	28.24%	+11.9%
Jun 2005	25.23%	+6.7%
Mar 2005	23.65%	+2.4%
Dec 2004	23.10%	-3.1%
Sep 2004	23.83%	-7.6%
Jun 2004	25.79%	-4.6%
Mar 2004	27.03%	+7.9%
Dec 2003	25.06%	+0.1%
Sep 2003	25.04%	+1.0%
Jun 2003	24.78%	-2.6%
Mar 2003	25.44%	+6.9%
Dec 2002	23.79%	-15.5%
Sep 2002	28.16%	-12.4%
Jun 2002	32.16%	-9.5%
Mar 2002	35.52%	-20.9%
Dec 2001	44.91%	-27.9%
Sep 2001	62.32%	+72.3%
Jun 2001	36.16%	+19.5%
Mar 2001	30.27%	-15.9%
Dec 2000	36.00%	+22.9%
Sep 2000	29.30%	-12.2%
Jun 2000	33.36%	+1.5%
Mar 2000	32.88%	+1.5%
Dec 1999	32.40%	+21.1%
Sep 1999	26.75%	+10.1%
Jun 1999	24.30%	+5.2%
Mar 1999	23.10%	-25.3%
Dec 1998	30.94%	-19.7%
Sep 1998	38.53%	-16.4%
Jun 1998	46.10%	-12.7%
Mar 1998	52.81%	+9.5%
Dec 1997	48.21%	+1.0%
Sep 1997	47.72%	+1.1%
Jun 1997	47.22%	-0.3%
Mar 1997	47.34%	-1.7%
Dec 1996	48.14%	+0.4%
Sep 1996	47.96%	+1.8%
Jun 1996	47.09%	+3.3%
Mar 1996	45.58%	-8.8%
Dec 1995	49.98%	-5.8%
Sep 1995	53.04%	-7.3%
Jun 1995	57.19%	-6.6%
Mar 1995	61.25%	+4.6%
Dec 1994	58.54%	+2.1%
Sep 1994	57.32%	+0.5%
Jun 1994	57.02%	+2.2%
Mar 1994	55.79%	-2.0%
Dec 1993	56.90%	-10.1%
Dec 1992	63.27%	+4.7%
Dec 1991	60.42%	+3.4%
Dec 1990	58.43%	+36.3%
Dec 1989	42.86%	>+9,900.0%
Dec 1988	0.00%	0.0%
Dec 1987	0.00%	0.0%
Dec 1986	0.00%	0.0%
Dec 1985	0.00%	0.0%
Dec 1984	0.00%	0.0%
Dec 1983	0.00%	0.0%
Dec 1982	0.00%	0.0%
Dec 1981	0.00%	0.0%
Dec 1980	0.00%	-

FAQ

What is the current TTM payout ratio of NI?
As of today, NI TTM payout ratio is 59.16%
What is NI TTM payout ratio most recent change?
NI TTM payout ratio remained unchanged on January 9, 2026
What is 1-year change in NI TTM payout ratio?
NI TTM payout ratio is down -9.65% year-over-year
How far is NI TTM payout ratio from its all-time high?
NI TTM payout ratio is currently -77.65% below its historical high of 264.65% set on July 30, 2019
How does NI TTM payout ratio rank versus sector peers?
NI TTM payout ratio is higher than 59.82% of companies in Utilities sector
When is NI next earnings release?
The next earnings release for NI is on February 11, 2026
What is NI next ex-dividend date?
As of today, the next dividend for NI has not been scheduled

Quarterly Payout Ratio

123.90%8.04%-6.09%

September 30, 2025

Summary

Current Value: As of today, NI quarterly payout ratio is 123.90%, down -6.09% on September 30, 2025
Historical Performance: NI quarterly payout ratio is up +0.70% year-over-year, and down -23.98% over the past 3 years
All-Time High Comparison: NI quarterly payout ratio is currently -98.58% below its historical high of 8,700.00% set on June 30, 2001
3-Year Low Comparison: NI quarterly payout ratio is +393.63% above its 3-year low of 25.10% reached on March 31, 2025
Sector Comparison: NI quarterly payout ratio is higher than 91.74% of companies in Utilities sector

Performance

NI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 25	123.90%	-6.1%	+0.7%	-24.0%	+342.0%
Annual Payout Ratio	Dec 31, 24	58.02%	–	-15.7%	-14.7%	-37.3%
TTM Payout Ratio	Jan 9, 26	59.16%	+1.4%	-9.7%	+6.4%	+113.6%
Price	Jan 9, 26	$42.03	-2.1%	+15.3%	+50.8%	+92.7%
TTM Dividend Yield	Jan 9, 26	2.66%	+3.5%	-8.6%	-21.1%	-30.9%
Quarterly Dividends Paid	Sep 30, 25	$132.20M	0.0%	+11.0%	+27.7%	+49.4%
TTM Dividend Per Share	Jan 9, 26	$1.12	+1.4%	+5.7%	+19.1%	+33.3%
Quarterly Free Cash Flow	Sep 30, 25	-$172.60M	-6.0%	+26.5%	+63.8%	+46.4%
Quarterly Revenue	Sep 30, 25	$1.27B	-0.8%	+18.3%	+16.9%	+41.1%
Quarterly EPS	Sep 30, 25	$0.20	-7.7%	+6.0%	+69.9%	+141.0%

Quarterly Payout Ratio Highs

NI Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	131.94%	Jun 30, 25	-6.1%
3Y	265.44%	Jun 30, 23	-53.3%
5Y	265.44%	Jun 30, 23	-53.3%
All	8,700.00%	Jun 30, 01	-98.6%

Quarterly Payout Ratio Lows

NI Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	25.10%	Mar 31, 25	+393.6%
3Y	25.10%	Mar 31, 25	+393.6%
5Y	23.97%	Mar 31, 22	+416.9%
All	-2,125.53%	Jun 30, 20	+105.8%

Quarterly Payout Ratio History

Month	Value	Change
Sep 2025	123.90%	-6.1%
Jun 2025	131.94%	+425.7%
Mar 2025	25.10%	-50.7%
Dec 2024	50.90%	-58.6%
Sep 2024	123.04%	+5.8%
Jun 2024	116.26%	+267.0%
Mar 2024	31.68%	-48.4%
Dec 2023	61.43%	-45.9%
Sep 2023	113.53%	-57.2%
Jun 2023	265.44%	+705.6%
Mar 2023	32.95%	-30.8%
Dec 2022	47.64%	-70.8%
Sep 2022	162.99%	-20.8%
Jun 2022	205.73%	+758.3%
Mar 2022	23.97%	-60.8%
Dec 2021	61.09%	-59.7%
Sep 2021	151.77%	-18.4%
Jun 2021	185.94%	+484.7%
Mar 2021	31.80%	-72.1%
Dec 2020	113.78%	+322.3%
Sep 2020	-51.19%	+97.6%
Jun 2020	-2,125.53%	-1,917.8%
Mar 2020	116.93%	+273.1%
Dec 2019	-67.55%	-105.4%
Sep 2019	1,256.06%	+3,867.3%
Jun 2019	31.66%	-17.1%
Mar 2019	38.19%	+105.4%
Dec 2018	-704.27%	-3,277.8%
Sep 2018	-20.85%	-107.7%
Jun 2018	269.39%	+1,031.9%
Mar 2018	23.80%	+121.2%
Dec 2017	-112.40%	-127.6%
Sep 2017	407.14%	+418.1%
Jun 2017	-127.99%	-578.6%
Mar 2017	26.74%	-55.4%
Dec 2016	59.91%	-73.2%
Sep 2016	223.63%	+30.5%
Jun 2016	171.38%	+544.8%
Mar 2016	26.58%	-65.4%
Dec 2015	76.71%	-77.0%
Sep 2015	333.11%	+210.5%
Jun 2015	-301.46%	-1,110.9%
Mar 2015	29.82%	-44.0%
Dec 2014	53.21%	-79.6%
Sep 2014	260.32%	+159.7%
Jun 2014	100.25%	+240.2%
Mar 2014	29.47%	-42.4%
Dec 2013	51.18%	-67.6%
Sep 2013	157.78%	+52.1%
Jun 2013	103.74%	+199.1%
Mar 2013	34.68%	-38.5%
Dec 2012	56.36%	-83.5%
Sep 2012	342.00%	+269.3%
Jun 2012	92.62%	+175.3%
Mar 2012	33.64%	-90.8%
Dec 2011	366.48%	+105.9%
Sep 2011	177.96%	+9.0%
Jun 2011	163.29%	+420.9%
Mar 2011	31.35%	-82.5%
Dec 2010	179.33%	-6.1%
Sep 2010	191.02%	-16.3%
Jun 2010	228.21%	+606.8%
Mar 2010	32.29%	-54.4%
Dec 2009	70.86%	+110.8%

Month	Value	Change
Sep 2009	-653.61%	+9.9%
Jun 2009	-725.29%	-1,931.1%
Mar 2009	39.61%	-20.4%
Dec 2008	49.76%	-74.3%
Sep 2008	193.56%	-35.5%
Jun 2008	300.00%	+800.4%
Mar 2008	33.32%	-65.7%
Dec 2007	97.07%	-84.9%
Sep 2007	643.88%	+188.2%
Jun 2007	223.40%	+641.5%
Mar 2007	30.13%	-55.2%
Dec 2006	67.27%	-72.3%
Sep 2006	242.47%	-18.2%
Jun 2006	296.28%	+716.6%
Mar 2006	36.28%	-57.3%
Dec 2005	84.96%	+106.5%
Sep 2005	-1,306.25%	-273.2%
Jun 2005	754.22%	+2,426.7%
Mar 2005	29.85%	-23.1%
Dec 2004	38.80%	-85.4%
Sep 2004	266.23%	+56.0%
Jun 2004	170.70%	+507.3%
Mar 2004	28.11%	-33.7%
Dec 2003	42.41%	-86.9%
Sep 2003	323.40%	+67.5%
Jun 2003	193.13%	+620.6%
Mar 2003	26.80%	-38.1%
Dec 2002	43.28%	-78.3%
Sep 2002	199.67%	-8.0%
Jun 2002	216.97%	+796.2%
Mar 2002	24.21%	-73.6%
Dec 2001	91.56%	+128.0%
Sep 2001	-326.71%	-103.8%
Jun 2001	8,700.00%	>+9,900.0%
Mar 2001	31.33%	-96.4%
Dec 2000	870.29%	+1,336.1%
Sep 2000	60.60%	-43.6%
Jun 2000	107.49%	+179.8%
Mar 2000	38.42%	-52.8%
Dec 1999	81.39%	-9.5%
Sep 1999	89.96%	-14.0%
Jun 1999	104.63%	+184.0%
Mar 1999	36.84%	-18.1%
Dec 1998	44.98%	-29.5%
Sep 1998	63.80%	-31.8%
Jun 1998	93.50%	+97.4%
Mar 1998	47.37%	-6.4%
Dec 1997	50.63%	-35.5%
Sep 1997	78.55%	-21.7%
Jun 1997	100.35%	+165.1%
Mar 1997	37.85%	-25.7%
Dec 1996	50.97%	-31.8%
Sep 1996	74.71%	-32.2%
Jun 1996	110.26%	+183.0%
Mar 1996	38.96%	-13.2%
Dec 1995	44.89%	-40.1%
Sep 1995	75.00%	-21.2%
Jun 1995	95.17%	+121.6%
Mar 1995	42.95%	-12.0%
Dec 1994	48.78%	-42.3%
Sep 1994	84.56%	-24.9%
Jun 1994	112.56%	+198.6%
Mar 1994	37.69%	-

FAQ

What is the current quarterly payout ratio of NI?
As of today, NI quarterly payout ratio is 123.90%
What is NI quarterly payout ratio most recent change?
NI quarterly payout ratio was down -6.09% on September 30, 2025
What is 1-year change in NI quarterly payout ratio?
NI quarterly payout ratio is up +0.70% year-over-year
How far is NI quarterly payout ratio from its all-time high?
NI quarterly payout ratio is currently -98.58% below its historical high of 8,700.00% set on June 30, 2001
How does NI quarterly payout ratio rank versus sector peers?
NI quarterly payout ratio is higher than 91.74% of companies in Utilities sector
When is NI next earnings release?
The next earnings release for NI is on February 11, 2026
What is NI next ex-dividend date?
As of today, the next dividend for NI has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

NI Official Website www.nisource.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1111711/000111171125000055/0001111711-25-000055-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1111711/000111171125000008/0001111711-25-000008-index.htm
NI Profile on Yahoo Finance finance.yahoo.com/quote/NI
NI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ni