NiSource Inc. (NI) said it believes the company's core business strategy will drive long-term revenue and dividend growth, supported by stable, rate base driven revenue streams and approximately $40 billion in expected infrastructure investment opportunities over 20 years. These investment opportunities represent an increase of $10 billion over prior expectations. NiSource also anticipates that the execution of its strategy will drive a rate base compound annual growth rate (CAGR) of 10% - 12%, which is expected to result in a 7% - 9% NOEPS CAGR, and annual dividend growth to maintain the targeted 60% - 70% payout ratio over 2021 - 2024.
Through the company's recently launched NiSource Next initiative, NiSource expects improvements throughout the organization, while also contributing to an approximately 8% reduction in O&M costs in 2021 from expected 2020 levels.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.