On Thursday, Shares of NiSource Inc. (NYSE:NI), lost -4.87% to $16.99.
NiSource Inc., approved a quarterly dividend payment of 15.5 cents per share, payable August 20, 2015, to common stockholders of record at the close of business on July 31, 2015.
This payment will be the first dividend payment made following the separation of Columbia Pipeline Group, Inc. (NYSE:CPGX) from NiSource, which was accomplished on July 1, 2015. While the payout amount declared recently is lower than preceding quarters due to the separation, it is consistent with the company’s intention to enhance the combined (NiSource and Columbia Pipeline Group) dividend declared on May 12. As declared formerly, going forward NiSource will target a dividend growth rate of 4 to 6 percent annually.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations.
Shares of Bank of the Ozarks, Inc. (NASDAQ:OZRK), declined -1.74% to $45.25, during its last trading session.
Bank of the Ozarks, declared its Board of Directors has approved a regular quarterly cash dividend of $0.14 per common share payable July 24, 2015 to shareholders of record as of July 17, 2015. The dividend of $0.14 per common share represents an enhance of $0.005 per common share, or 3.7%, over the dividend paid in the previous quarter. The Company has raised its quarterly cash dividend in each of the last twenty quarters.
Bank of the Ozarks, Inc. is a bank holding company with $8.3 billion in total assets as of March 31, 2015 and trades on the NASDAQ Global Select Market under the symbol “OZRK.”
Bank of the Ozarks, Inc. operates as the bank holding company for Bank of the Ozarks that provides a range of retail and commercial banking services. The company accepts various deposits products, such as checking, savings, money market, time deposit, and individual retirement accounts.
Finally, Simon Property Group Inc. (NYSE:SPG), ended its last trade with -0.02% loss, and closed at $174.72.
Simon Property Group, declared that financial and operational results for the quarter ending June 30, 2015, will be released before the market opens on July 24, 2015. The Company will host its quarterly earnings conference call and an audio webcast on July 24 at 11:00 a.m. Eastern Time.
The live webcast will be accessible in listen-only mode at investors.simon.com. Within the United States, listeners can also access the call by dialing 1-800-237-9752. Callers outside the U.S. can dial 617-847-8706. The conference ID for the call is “30453698.”
Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, administration, and development of properties.
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