|Free Dividend Report|
|NI Dividend History|
|NI Stock Split History|
|NI Preferred Stock|
|NI Options Chain|
|Stock Message Boards|
NiSource (NI) has 2 splits in our NiSource stock split history database. The first split for NI took place on February 23, 1998. This was a 2 for 1 split, meaning for each share of NI owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NI's second split took place on July 02, 2015. This was a 2545 for 1000 split, meaning for each 1000 shares of NI owned pre-split, the shareholder now owned 2545 shares. For example, a 2000 share position pre-split, became a 5090 share position following the split.
When a company such as NiSource splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the NiSource stock split history from start to finish, an original position size of 1000 shares would have turned into 5090 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NiSource shares, starting with a $10,000 purchase of NI, presented on a split-history-adjusted basis factoring in the complete NiSource stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||17.27%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||15.87%|
|NiSource is an energy holding company. Through its subsidiaries, Co. is a natural gas distribution company. Co.'s reportable segments are: Gas Distribution Operations and Electric Operations. For its gas distribution operations, through its wholly-owned subsidiary, NiSource Gas Distribution Group, Inc., Co. owns distribution subsidiaries that provide natural gas to residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland and Massachusetts. Through its electric operations, Co. generates, transmits and distributes electricity through its subsidiary, Northern Indiana Public Service Company LLC, and engages in wholesale and transmission transactions. According to our NiSource stock split history records, NiSource has had 2 splits.|
|NI Split History Table|
|02/23/1998||2 for 1|
|07/02/2015||2545 for 1000|
|Energy Stock Splits|
|NI is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: NI shares outstanding history