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NNI Nelnet dividend history, payout ratio & dates

Nelnet's most recent dividend of $0.28 per share was on Aug 30, 2024 (ex-date). At an annualized rate of $1.12 per share, the stock yields 0.91%.

Key dates

  • NNI last dividend date: Aug 30, 2024
NNI dividend stats
DPS
$1.12
Dividend yield
0.91%
Payout ratio
26.7%
vs. Financial Services sector
Dividend yield
2.61%
Payout ratio
42.8%

Dividend yield

What is Nelnet current dividend yield

Nelnet's dividend yield of 0.91% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.61%, Nelnet's dividend yield is 65% lower. The historical 5-year average of NNI's dividend yield is 1.2%, which is higher than 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 8% for the last twelve months. However since the stock price has gone up by 40% from a year ago, the dividend yield has decreased by 24%.

Recent dividends

Ex-date Amount Yield (TTM)
Aug 30, 2024 $0.28 0.97%
May 31, 2024 $0.28 1.06%
Feb 29, 2024 $0.28 1.26%
Nov 30, 2023 $0.28 1.26%
Aug 31, 2023 $0.26 1.13%
May 31, 2023 $0.26 1.1%
Feb 28, 2023 $0.26 1.07%
Nov 30, 2022 $0.26 0.99%
Aug 31, 2022 $0.24 1.14%
May 31, 2022 $0.24 1.11%
Feb 28, 2022 $0.24 1.14%
Nov 30, 2021 $0.24 1.04%
Aug 31, 2021 $0.22 1.09%
May 27, 2021 $0.22 1.15%
Feb 26, 2021 $0.22 1.16%
Nov 30, 2020 $0.22 1.21%
Aug 31, 2020 $0.2 1.22%
May 29, 2020 $0.2 1.58%
Feb 27, 2020 $0.2 1.38%
Nov 27, 2019 $0.2 1.19%
Aug 29, 2019 $0.18 1.07%
May 30, 2019 $0.18 1.18%
Feb 28, 2019 $0.18 1.24%
Nov 29, 2018 $0.18 1.21%
Aug 30, 2018 $0.16 1.11%
May 31, 2018 $0.16 1.01%
Feb 28, 2018 $0.16 1.08%
Nov 30, 2017 $0.16 1.08%
Aug 30, 2017 $0.14 1.19%
May 30, 2017 $0.14 1.37%
Feb 27, 2017 $0.14 1.02%
Nov 29, 2016 $0.14 0.98%
Aug 30, 2016 $0.12 1.35%
May 27, 2016 $0.12 1.28%
Feb 26, 2016 $0.12 1.2%
Nov 27, 2015 $0.12 1.28%
Aug 28, 2015 $0.1 1.08%
May 28, 2015 $0.1 0.96%
Feb 25, 2015 $0.1 0.85%

Nelnet dividend payout ratio

What is Nelnet dividend payout ratio compared to the sector

Payout ratio

Nelnet's payout ratio of 26.7% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 42.8%, Nelnet's payout ratio is 38% 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 4.2% $0.64 84.2%
FIS Fidelity National Information Services Inc 1.85% $1.6 63.7%
NNI Nelnet Inc 0.91% $1.12 26.7%

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 was NNI's last dividend?

Nelnet's last dividend ex-date was on Aug 30, 2024. The dividend amount was $0.28 per share.

How much dividend does Nelnet pay (per share)?

On an annual basis NNI pays $1.12 per share.

What is Nelnet's dividend yield?

Currently Nelnet's dividend yield is 0.91%.

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 26.7%.

Does Nelnet pay a good dividend?

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

Special dividends are included in TTM DPS and yield. Data from and Sharadar.