NISOURCE INC.
No SEC Form 4 filings for $NI in the last 30 days.
This article details NiSource Inc.'s (NI) SEC filing on Form 144, which is a notice of proposed sale of securities under Rule 144. The filing indicates a proposed sale of 15,000 shares of common stock with an aggregate market value of $715,265.06, acquired through restricted stock vesting. The shares are to be sold through Fidelity Brokerage Services LLC on the NYSE.
AM Best has affirmed the Financial Strength Rating of 'A' (Excellent) and the Long-Term Issuer Credit Rating of 'a' (Excellent) for NiSource Insurance Corporation, Inc. (NICI), with a stable outlook. NICI, a single-parent captive of NiSource, Inc. domiciled in Salt Lake City, Utah, benefits from strong balance sheet strength, robust operating performance, and appropriate enterprise risk management. The ratings reflect NICI's critical role in NiSource's ERM framework and its consistent financial stability.
NiSource Inc. has reaffirmed its quarterly dividend, showcasing a commitment to shareholder returns while investing significantly in regulated gas and electric infrastructure across the US Midwest. AM Best also affirmed the credit ratings for NiSource Insurance Corporation, highlighting the group's financial resilience. These factors position NiSource as a stable, income-oriented investment within the regulated utility sector, offering exposure to regional US economic patterns.
