Nisource (NI) Dividend Coverage Ratio (2010 - 2026)
Nisource's Dividend Coverage Ratio was 0.32 in Q2 2026, down 59.2% from 0.77 a year earlier and down 90.8% from the prior quarter.
Nisource (NI) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nisource's Dividend Coverage Ratio was 1.62 through Jun 30, 2026, down 7.1% year-over-year; for FY2025, it came in at 1.75, up 14.0% from FY2024.
- In earlier years, Dividend Coverage Ratio was 1.54 in FY2024 (-3.9%), 1.60 in FY2023 (-18.5%), 1.96 in FY2022 (+27.9%) and 1.53 in FY2021.
- The Q2 2026 figure marks the lowest quarterly Dividend Coverage Ratio since Q3 2020.
- Compared with a year earlier, Dividend Coverage Ratio was higher in three of the last eight quarters, with an average decline of 5.9%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q4 2021 (growth of 100.6%); the worst was Q2 2026 (a decline of 59.2%).
- Per Business Quant data, NI's Dividend Coverage Ratio in the three quarters before Q2 2026 was 3.43 (Q1 2026), 1.92 (Q4 2025) and 0.72 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 0.58 |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 0.96 |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 1.52 |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 1.87 |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 1.46 |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 1.81 |
| 10 | Nisource | 18.86 Bn | 20.84 Bn | 1.15 Bn | 0.32 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 3.43 |
| Dec 31, 2025 | 1.92 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 3.60 |
| Dec 31, 2024 | 1.81 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 2.90 |
| Dec 31, 2023 | 2.18 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 3.09 |
| Dec 31, 2022 | 2.42 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 4.33 |
| Dec 31, 2021 | 1.76 |
| Sep 30, 2021 | 0.57 |
Nisource Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();