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NiSource bumps earnings, dividend growth projections higher

Mar. 08, 2017 8:56 AM ETNiSource Inc. (NI) StockBy: Carl Surran, SA News Editor
  • NiSource (NYSE:NI) announces plans to grow net operating EPS and dividend at 5%-7% annually through 2020, higher than its previously projected 4%-6% annual growth.
  • NI says more than $30B of identified long-term utility investments remains the foundation of its business strategy, including $20B of natural gas system investments and $10B of electric system investments over the next 20-plus years.
  • NI projects it will invest $1.6B-$1.8B annually through 2020, and has initiated a focused plan to grow its natural gas customer base by 1%/year by 2020.

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