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Nelnet Inc Stock Dividends Overview

NNI pays dividends quarterly. Last paid amount was $0.280 at Mar 15, 2024. As of today, dividend yield (TTM) is 1.18%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.18%
Frequency Quarterly
1Y Growth 7.69%
Payout Ratio 0
Amount Per Share $0.280
Nelnet Inc has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.

NNI Dividend Payout History

To ensure a understanding of NNI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.280 0.319%
2 Nov 07, 2023 Nov 30, 2023 Dec 15, 2023 $0.280 0.319%
3 Aug 07, 2023 Aug 31, 2023 Sep 15, 2023 $0.260 0.282%
4 May 08, 2023 May 31, 2023 Jun 15, 2023 $0.260 0.257%
5 Feb 01, 2023 Feb 28, 2023 Mar 15, 2023 $0.260 0.289%
6 Nov 07, 2022 Nov 30, 2022 Dec 15, 2022 $0.260 0.277%
7 Aug 08, 2022 Aug 31, 2022 Sep 15, 2022 $0.240 0.300%
8 May 09, 2022 May 31, 2022 Jun 15, 2022 $0.240 0.309%
9 Jan 27, 2022 Feb 28, 2022 Mar 15, 2022 $0.240 0.283%
10 Nov 08, 2021 Nov 30, 2021 Dec 15, 2021 $0.240 0.245%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (98.26%)

Growth potential

Stable (22.96%)

NNI Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NNI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NNI stock here.

Comparing NNI to Sector and Country

NNI pays a solid dividend yield of 1.18%, which is lower than the average of the bottom 25% of dividend payers in the US market (1.84%). NNI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.

NNI Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
EXG
Eaton Vance Tax-Managed Global Diversified Equity Income Fund 2.454B $0.0657 8.67% -
HTH
Hilltop Holdings Inc 2.006B $0.170 2.17% 37.96%
NNI
Nelnet Inc 3.552B $0.280 1.18% 42.98%

FAQ

What factors can affect the amount of NNI's dividend payments?
The amount of NNI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NNI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NNI stock be automatically reinvested?
If NNI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NNI stock.

How often does NNI pay dividend?
Nelnet Inc (NNI) pays dividends quarterly. The most recent payout was on Mar 15, 2024.

How much does NNI pays per share?
The last recorder (Feb 29, 2024) dividend per share was $0.280.

What is NNI dividend growth rate?
Over the last year, Nelnet Inc has witnessed growth rate of 7.69% . Looking back over the past 3 years, this growth rate has been 8.37%. Furthermore, examining the past 5 years, Nelnet Inc has maintained an average Dividends Per Share Growth Rate of 9.24%.
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About Nelnet Inc

Nelnet Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also provides student loan servicing software; business process outso... NNI Profile

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StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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