NiSource Announces 4.3% Dividend Increase to $0.96
The Board of Directors of NiSource Inc. (NYSE: NI) today approved a 4.3 percent increase in the company's dividend, resulting in an increase of the annualized dividend from $0.92 to $0.96 per share on NiSource common stock.
In accordance with the dividend increase, the NiSource Board declared a quarterly common dividend payment of 24 cents per share, payable Aug. 20, 2012, to stockholders of record at the close of business July 31, 2012.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.