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NNI Nelnet dividend history, payout ratio & dates

Nelnet's most recent quarterly dividend of $0.24 per share was on Aug 31, 2022 (ex-date). At an annualized rate of $0.96 per share, the stock yields 1.21%.

Key dates

  • NNI last dividend date: Aug 31, 2022
  • NNI next dividend date: Not announced
NNI dividend stats
DPS
$0.96
Dividend yield
1.21%
Payout ratio
8%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is Nelnet current dividend yield

Nelnet's dividend yield of 1.21% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.93%, Nelnet's dividend yield is 59% lower. The historical 5-year average of NNI's dividend yield is 1.2%, which is in line with the current one.

Dividend history

What is NNI dividend payout history and dates

Nelnet has a history of paying dividends since 2007. Our records of NNI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. And since the stock price has gone down by 0.3% from a year ago, the dividend yield has increased by 10%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 31, 2022 Sep 15, 2022 Aug 8, 2022 $0.24 normal
May 31, 2022 Jun 15, 2022 May 9, 2022 $0.24 normal
Feb 28, 2022 Mar 15, 2022 Jan 27, 2022 $0.24 normal
Nov 30, 2021 Dec 15, 2021 Nov 8, 2021 $0.24 normal
Aug 31, 2021 Sep 15, 2021 Aug 5, 2021 $0.22 normal
May 27, 2021 Jun 14, 2021 May 10, 2021 $0.22 normal
Feb 26, 2021 Mar 15, 2021 Jan 29, 2021 $0.22 normal
Nov 30, 2020 Dec 15, 2020 Nov 5, 2020 $0.22 normal
Aug 31, 2020 Sep 15, 2020 Aug 6, 2020 $0.2 normal
May 29, 2020 Jun 15, 2020 May 7, 2020 $0.2 normal
Feb 27, 2020 Mar 13, 2020 Jan 31, 2020 $0.2 normal
Nov 27, 2019 Dec 13, 2019 Nov 7, 2019 $0.2 normal
Aug 29, 2019 Sep 13, 2019 Aug 8, 2019 $0.18 normal
May 30, 2019 Jun 14, 2019 May 8, 2019 $0.18 normal
Feb 28, 2019 Mar 15, 2019 Jan 30, 2019 $0.18 normal
Nov 29, 2018 Dec 14, 2018 Nov 8, 2018 $0.18 normal
Aug 30, 2018 Sep 14, 2018 Aug 7, 2018 $0.16 normal
May 31, 2018 Jun 15, 2018 May 8, 2018 $0.16 normal
Feb 28, 2018 Mar 15, 2018 Feb 5, 2018 $0.16 normal
Nov 30, 2017 Dec 15, 2017 Nov 7, 2017 $0.16 normal
Aug 30, 2017 Sep 15, 2017 Aug 7, 2017 $0.14 normal
May 30, 2017 Jun 15, 2017 May 8, 2017 $0.14 normal
Feb 27, 2017 Mar 15, 2017 Feb 3, 2017 $0.14 normal

Nelnet dividend payout ratio

What is Nelnet dividend payout ratio compared to the sector

Payout ratio

Nelnet's payout ratio of 8% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 30.1%, Nelnet's payout ratio is 73% lower.

Total amount of dividends paid per financial year (from cash flow)

NNI dividend vs peer dividends

How does NNI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NAVI Navient Corp 4.57% $0.64 16%
FIS Fidelity National Information Services Inc 2.35% $1.8 128.6%
NNI Nelnet Inc 1.21% $0.96 8%

Frequently asked questions

Does Nelnet pay a dividend?

Yes, Nelnet has paid four dividends in the last twelve months. NNI has been paying dividends since 2007.

When is Nelnet's next dividend?

At this point we don't have a record of NNI's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was NNI's last dividend?

Nelnet's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.24 per share.

How much dividend does Nelnet pay (per share)?

On an annual basis NNI pays $0.96 per share.

What is Nelnet's dividend yield?

Currently Nelnet's dividend yield is 1.21%.

How often does Nelnet pay dividends?

Nelnet has a quarterly dividend frequency.

What is Nelnet's dividend payout ratio?

The dividend payout ratio of Nelnet is 8%.

Does Nelnet pay a good dividend?

Nelnet's dividend yield is lower than the Financial Services sector average.