NiSource

NiSource is a regulated energy utility serving natural gas and electricity customers across several Midwestern and mid-Atlantic states, with Indiana and its gas distribution networks at the core. As a fully regulated business, its earnings rest on approved rate structures and a steady programme of infrastructure investment in safer, more modern pipes and grids. NiSource has paid dividends for decades and, after resetting the payout following a major asset sale, has returned to steady annual growth. The yield is moderate and the earnings highly predictable, typical of a regulated utility. The result is a stable, dependable income profile suited to conservative investors who value consistency over a high headline yield.