Columbia Pipeline Group (CPGX) Initiates Qtr. Dividend at 12.5c/Share; Yields 1.8%

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NiSource (NI) Declares $0.155 Quarterly Dividend; 1.4% Yield

July 2, 2015 8:16 AM EDT

NiSource (NYSE: NI) declared a quarterly dividend of $0.155 per share, or $0.62 annualized.

The dividend will be payable on August 20, 2015, to stockholders of record on July 31, 2015, with an ex-dividend date of July 29, 2015.

The annual yield on the dividend is 1.4 percent.

For a... More

NiSource (NI), Columbia Pipeline Group (CPGX) Complete Separation

July 2, 2015 8:05 AM EDT

NiSource (NYSE: NI) and Columbia Pipeline Group (NYSE: CPGX) ("CPG") announced that the separation of the two companies was completed successfully through a distribution of all the common stock of CPG held by NiSource to NiSource shareholders.

Under the terms of the distribution, effective at 11:59 p.m., New York City time, on July 1, 2015, NiSource shareholders were distributed one (1) share of CPG stock for every one (1) share of NiSource common stock they held as of 5:00 p.m. CT on June 19, 2015, the record date.

Beginning... More

Jefferies Starts Columbia Pipeline Group (CPGX) at Hold

July 1, 2015 8:09 AM EDT

Jefferies initiates coverage on Columbia Pipeline Group (NASDAQ: CPGX) with a Hold rating and a price target of $28.00.

Analyst Christopher Sighinolfi commented, "With the completion of its tax-free spin from NiSource (NI) this morning, we are initiating coverage of Columbia Pipeline... More