Diversified utility NiSource Inc. (NYSE:NI) announced that its board of directors has approved an increase in the quarterly dividend rate by a penny. The revised quarterly dividend will be 24 cents payable on August 20, 2012, to shareholders of record at the close of business on July 31, 2012. The new annualized dividend rate of the company will be 96 cents reflecting growth of 4.3% from the prior annual dividend rate of 92 cents. The increase in the distributable income speaks of the company’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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Wednesday, September 21, 2011
Marriott Marquis, New York
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