NiSource (NI) Could Be a Great Choice

Company Overview - NiSource (NI) is a utilities stock headquartered in Merrillville, with a price change of 15.48% year-to-date [3] - The company currently pays a dividend of $0.28 per share, resulting in a dividend yield of 2.64%, which is lower than the Utility - Electric Power industry's yield of 3.24% and the S&P 500's yield of 1.48% [3] Dividend Performance - NiSource's annualized dividend of $1.12 has increased by 5.7% from the previous year [4] - Over the past five years, the company has raised its dividend five times, achieving an average annual increase of 6.29% [4] - The current payout ratio is 60%, indicating that the company distributes 60% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for NiSource's earnings in 2025 is projected at $1.88 per share, reflecting a year-over-year growth rate of 7.43% [5] - The company is expected to experience earnings expansion in the current fiscal year [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [5] - NiSource is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [6]