MERRILLVILLE, Ind., Sept. 28, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) ("NiSource") announced today that due to market conditions it has decided to postpone at its option the remarketing of up to 862,500 shares of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the "Mandatory Convertible Preferred Stock"), originally issued on April 19, 2021 as part of NiSource's equity units.
MERRILLVILLE, Ind., Sept. 15, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) ("NiSource") announced today its intention to remarket, subject to market and other conditions, up to 862,500 shares of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the "Mandatory Convertible Preferred Stock"), originally issued on April 19, 2021 as part of NiSource's equity units ("2021 Equity Units"). The remarketing of the Series C Mandatory Convertible Preferred Stock is in accordance with NiSource's long-term financial plan but is subject to market and other conditions. NiSource intends to designate the period beginning on October 2, 2023 and ending on October 23, 2023 for the remarketing.
MERRILLVILLE, Ind., Aug. 7, 2023 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 25 cents per share, payable November 20, 2023, to stockholders of record at the close of business on October 31, 2023.
The board also declared today a dividend of $406.25 per share on the Corporation's 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, equal to $0.40625 per depositary share, each representing a 1/1000th interest in a share of the Series B Preferred Stock, is hereby declared, payable December 15, 2023, to stockholders of record at the close of business on November 24, 2023.
Balanced outcome supports safe operations, infrastructure improvements, sustainability and enhanced customer experience
MERRILLVILLE, Ind., Aug. 2, 2023 /PRNewswire/ -- Northern Indiana Public Service Company LLC (NIPSCO) received a decision from the Indiana Utility Regulatory Commission (IURC) to adjust its electric rates, effective August 2023. The newly approved rates will be phased in over a multi-step process to spread out the changes to customer bills beginning in August 2023, with the remaining changes applied in 2024.
MERRILLVILLE, Ind., Aug. 2, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended June 30, 2023, of $39.9 million, or $0.09 diluted earnings per share, compared to net income available to common shareholders of $53.2 million, or $0.12 diluted earnings per share, for the same period of 2022. For the six months ended June 30, 2023, on a GAAP basis NiSource's net income available to common shareholders was $359.1 million, or $0.80 diluted earnings per share, compared to net income available to common shareholders of $466.2 million, or $1.06 diluted earnings per share, for the same period of 2022.
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