NGG vs NI: Which Is the Better Dividend Stock?
As of September 2026, NI (NiSource Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGG offers the higher yield at 4.22%, NI has the higher dividend-safety score, and NGG trades at the larger discount to fair value (+39%).
| Metric | NGG | NI |
|---|---|---|
| Forward yield | 4.22% | 2.96% |
| Annual dividend | $3.24 | $1.20 |
| Payout ratio | 71% | 62% |
| Years of growth | 0 yr | 14 yr |
| 5-yr dividend growth | -0.1% | 5.9% |
| 5-yr total return | 20% | 64% |
| Dividend safety score | 51 (C) | 87 (A) |
| Fair value estimate | $107.09 | $43.44 |
| Upside to fair value | +39% | +7% |
| Frequency | semiannual | quarterly |
| Market cap | $77.2B | $19.5B |
| P/E ratio | 17.5 | 21.6 |
Higher yield
NGG
4.22%
Safer dividend
NI
Grade A
Faster growth
NI
5.9%
Better value
NGG
+39% upside
NGG vs NI — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.