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 outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community engagement, giving management, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
Nelnet Dividend Announcement
• Nelnet announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• Nelnet annual dividend for 2024 was $1.12
• Nelnet annual dividend for 2023 was $1.06
• Nelnet's trailing twelve-month (TTM) dividend yield is 1.03%
• Nelnet's payout ratio for the trailing twelve months (TTM) is 36.55%
• Nelnet's dividend growth over the last five years (2018-2023) was 9.94% year
• Nelnet's dividend growth over the last ten years (2013-2023) was 10.24% year
Nelnet Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.28 | quarterly | 2024-12-16 |
| 2024-08-30 | $0.28 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.28 | quarterly | 2024-06-14 |
| 2024-02-29 | $0.28 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.28 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.26 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.26 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.26 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.26 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.24 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.24 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.24 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.24 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.22 | quarterly | 2021-09-15 |
| 2021-05-27 | $0.22 | quarterly | 2021-06-14 |
| 2021-02-26 | $0.22 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.22 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.20 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.20 | quarterly | 2020-06-15 |
| 2020-02-27 | $0.20 | quarterly | 2020-03-13 |
| 2019-11-27 | $0.20 | quarterly | 2019-12-13 |
| 2019-08-29 | $0.18 | quarterly | 2019-09-13 |
| 2019-05-30 | $0.18 | quarterly | 2019-06-14 |
| 2019-02-28 | $0.18 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.18 | quarterly | 2018-12-14 |
| 2018-08-30 | $0.16 | quarterly | 2018-09-14 |
| 2018-05-31 | $0.16 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.16 | quarterly | 2018-03-15 |
| 2017-11-30 | $0.16 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.14 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.14 | quarterly | 2017-06-15 |
| 2017-02-27 | $0.14 | quarterly | 2017-03-15 |
| 2016-11-29 | $0.14 | quarterly | 2016-12-15 |
| 2016-08-30 | $0.12 | quarterly | 2016-09-15 |
| 2016-05-27 | $0.12 | quarterly | 2016-06-15 |
| 2016-02-26 | $0.12 | quarterly | 2016-03-15 |
| 2015-11-27 | $0.12 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.10 | quarterly | 2015-09-15 |
| 2015-05-28 | $0.10 | quarterly | 2015-06-15 |
| 2015-02-25 | $0.10 | quarterly | 2015-03-13 |
| 2014-11-26 | $0.10 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.10 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.10 | quarterly | 2014-06-13 |
| 2014-02-26 | $0.10 | quarterly | 2014-03-14 |
| 2013-11-27 | $0.10 | quarterly | 2013-12-16 |
| 2013-08-28 | $0.10 | quarterly | 2013-09-13 |
| 2013-05-29 | $0.10 | quarterly | 2013-06-14 |
| 2013-02-27 | $0.10 | quarterly | 2013-03-15 |
Nelnet Dividend per year
Nelnet Dividend growth
Nelnet Dividend Yield
Nelnet current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Nelnet stock? Use our calculator to estimate your expected dividend yield:
Nelnet Financial Ratios
P/E ratio35.20
PEG ratio7.33
P/B ratio1.20
ROE3.42%
Payout ratio36.55%
Current ratio20.94
Quick ratio20.94
Cash Ratio0.09
Nelnet Dividend FAQ
How much is the next Nelnet dividend?
Nelnet's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nelnet dividend. The next Nelnet dividend will be released in February, May, August, or November.
When is Nelnet dividend paid?
Nelnet pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nelnet pay?
The specific amount of Nelnet dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nelnet's dividend history.
Does Nelnet stock pay dividends?
Yes, Nelnet does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nelnet's dividend history.
How much dividend does Nelnet pay?
Nelnet paid $1.12 in 2024, $1.06 in 2023, $0.98 in 2022, $0.9 in 2021, and $0.82 in 2020.
How often does Nelnet pay dividends?
Nelnet typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Nelnet's dividend yield?
The current dividend yield for Nelnet is 1.03%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nelnet's exact dividend yield.
When does Nelnet go ex dividend?
Nelnet's ex-dividend date for the latest dividend was on 2024-12-02. Nelnet typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nelnet dividend paid?
Nelnet pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Nelnet increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nelnet will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nelnet dividend per share?
Nelnet paid $1.12 per share in 2024 and $1.06 per share in 2023. The amount of dividend per share that Nelnet pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nelnet a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nelnet a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nelnet a dividend stock?
Yes, Nelnet is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nelnet a good dividend stock?
Whether Nelnet is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nelnet has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nelnet as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Nelnet as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Nelnet pay dividends monthly?
Nelnet typically pays dividends on a quarterly basis.
Does Nelnet pay dividends quarterly?
Nelnet currently pays dividends on a quarterly basis.
Has Nelnet ever paid a dividend?
Yes, Nelnet has a history of paying dividends to its shareholders. Nelnet is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nelnet dividend stocks?
To buy Nelnet you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Nelnet stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Nelnet stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nelnet pay dividends 2024?
Nelnet pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nelnet increase its dividend in 2024?
Decisions regarding Nelnet dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nelnet dividend overview you can look into the above table of dividend history.
How Nelnet dividend works?
The Nelnet dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nelnet's dividend process works:
1. Determination of Dividend: Nelnet's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nelnet publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nelnet distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nelnet are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Nelnet's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nelnet publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nelnet distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nelnet are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Nelnet dividends paid?
Nelnet dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nelnet sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nelnet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nelnet declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Nelnet sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nelnet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nelnet declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Nelnet pay dividends?
Nelnet typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nelnet pay dividends?
The general pattern is that Nelnet pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nelnet dividend safe?
The safety of Nelnet's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Nelnet's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nelnet's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Nelnet's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nelnet's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.