Nelnet (Nelnet) Dividend Payout Ratio : 0.91 (As of Dec. 2023)

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What is Nelnet Dividend Payout Ratio?

Nelnet's dividend payout ratio for the months ended in Dec. 2023 was 0.91.

The historical rank and industry rank for Nelnet's Dividend Payout Ratio or its related term are showing as below:

NNI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.34
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Nelnet was 0.34. The lowest was 0.06. And the median was 0.11.

NNI's Dividend Payout Ratio is ranked better than
55.98% of 184 companies
in the Credit Services industry
Industry Median: 0.33 vs NNI: 0.29

As of today (2024-04-26), the Dividend Yield % of Nelnet is 1.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nelnet was 1.91%. The lowest was 0.83%. And the median was 1.10%.

Nelnet's Dividends per Share for the months ended in Dec. 2023 was $0.28.

During the past 12 months, Nelnet's average Dividends Per Share Growth Rate was 8.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nelnet was 78.80% per year. The lowest was 1.60% per year. And the median was 12.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Nelnet Dividend Payout Ratio Historical Data

The historical data trend for Nelnet's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nelnet Dividend Payout Ratio Chart

Nelnet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.09

0.11

0.16

0.34

Nelnet Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.18	0.37	0.23	0.91

Competitive Comparison of Nelnet's Dividend Payout Ratio

For the Credit Services subindustry, Nelnet's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nelnet's Dividend Payout Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nelnet's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nelnet's Dividend Payout Ratio falls into.

Nelnet Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nelnet's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.06	/	3.133
	=	0.34

Nelnet's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.28	/	0.308
	=	0.91

Nelnet (NYSE:NNI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nelnet Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nelnet's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nelnet (Nelnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nelnet Inc (NYSE:NNI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NIJ:Germany

Address

121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508

Website

https://www.nelnet.com

Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.

Executives

William J Munn	officer: Secy, Chief Legal Off, Gen Cou	121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen	10 percent owner	6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap	director, officer: Chief Business Develop. Off.	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp	other: See remarks	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	other: See remarks	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson	director, other: See below	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield	10 percent owner	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap	director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin	director	6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen	10 percent owner	3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535