Nelnet's most recent dividend of $0.28 per share was on Dec 2, 2024 (ex-date). At an annualized rate of $1.12 per share, the stock yields 1.07%.
Nelnet's dividend yield of 1.07% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.82%, Nelnet's dividend yield is 62% lower. The historical 5-year average of NNI's dividend yield is 1.2%, which is higher than the current one.
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 6% for the last twelve months. However since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 12%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Dec 2, 2024 | $0.28 | 1.02% |
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's payout ratio of 36.7% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 44.2%, Nelnet's payout ratio is 17% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NAVI Navient Corp | 4.73% | $0.64 | 84.2% |
FIS Fidelity National Information Services Inc | 1.75% | $1.44 | 57.4% |
NNI Nelnet Inc | 1.05% | $1.12 | 36.7% |
Yes, Nelnet has paid four dividends in the last twelve months. NNI has been paying dividends since 2007.
Nelnet's last dividend ex-date was on Dec 2, 2024. The dividend amount was $0.28 per share.
On an annual basis NNI pays $1.12 per share.
Currently Nelnet's dividend yield is 1.07%.
Nelnet has a quarterly dividend frequency.
The dividend payout ratio of Nelnet is 36.7%.
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.