Company: NiSource Inc. (NI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: NiSource is one of the nation’s largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSourceÕs electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy. -Morningstar.com-
Symbol: NI
Recent Price: $31.14
Dividends: $1.06
Yield: 3.40%
Sector: Utilities
Industry: Utilities-Regulated Gas
Address & Company Phone #: 801 E. 86th Ave. Merrillville IN 46410, 877-647-5990
Transfer Agent: Computershare 888-884-7790
Moody’s Rating: Baa2
Minimum & Maximum Investment: $25 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $28.95, $22.86