NISOURCE INC. (NI) closed fiscal year 2025 with 478 M shares outstanding and a dividend of 1.12 USD per share.
NISOURCE INC. (NI) closed fiscal year 2025 with 478 M shares outstanding and a dividend of 1.12 USD per share. Over the year the share count rose by 8.61 M shares on a net basis, typically through stock-based compensation and options. Since 2009 the share count has grown by 72.9 %. The dividend per share was 1.12 USD, up 5.7 % year on year. Total dividends paid came to 530 M USD, spread over 4 payments. The series covers 18 fiscal years, from 2008 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 277M | 279M | 282M | 310M | 314M | 316M | 319M | 323M | 337M | 372M | 382M | 392M | 405M | 412M | 447M | 470M | 478M |
| Shares issued — SBC/options | 1.24M | 2.22M | 3.00M | 28.4M | 3.40M | 2.36M | 3.07M | 4.05M | 13.9M | 35.3M | 9.77M | 9.62M | 13.5M | 6.84M | 35.2M | 22.4M | 8.61M |
| Shares issued (%) | 0.45 % | 0.80 % | 1.06 % | 9.16 % | 1.08 % | 0.75 % | 0.96 % | 1.25 % | 4.11 % | 9.49 % | 2.56 % | 2.46 % | 3.34 % | 1.66 % | 7.88 % | 4.78 % | 1.80 % |
| Shares repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares repurchased (%) | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | 1.24M | 2.22M | 3.00M | 28.4M | 3.40M | 2.36M | 3.07M | 4.05M | 13.9M | 35.3M | 9.77M | 9.62M | 13.5M | 6.84M | 35.2M | 22.4M | 8.61M |
| Net addition/reduction (%) | 0.45 % | 0.80 % | 1.06 % | 9.16 % | 1.08 % | 0.75 % | 0.96 % | 1.25 % | 4.11 % | 9.49 % | 2.56 % | 2.46 % | 3.34 % | 1.66 % | 7.88 % | 4.78 % | 1.80 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.36 | 0.36 | 0.36 | 0.37 | 0.98 | 1.02 | 1.02 | 0.64 | 0.70 | 0.78 | 0.80 | 0.84 | 0.88 | 0.94 | 1.00 | 1.06 | 1.12 |
| Payout Ratio (%) | 116.73 % | 90.45 % | 86.19 % | 65.66 % | 57.49 % | 60.62 % | 91.94 % | 61.99 % | 178.29 % | — | 77.92 % | — | 59.02 % | 47.44 % | 57.89 % | 63.26 % | 57.06 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 253M | 256M | 258M | 273M | 306M | 321M | 263M | 206M | 229M | 273M | 299M | 322M | 345M | 382M | 414M | 481M | 530M |
| Dividend Yield (%) | 5.88 % | 5.22 % | 3.89 % | 3.82 % | 7.64 % | 5.89 % | 5.24 % | 2.92 % | 2.74 % | 3.06 % | 2.93 % | 3.77 % | 3.22 % | 3.41 % | 3.77 % | 2.88 % | 2.68 % |
Figures in USD