Nelnet (NNI) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.32
- Forward yield
- 1.04%
- Payout ratio
- 16.1%
- Growth streak
- 5 years
Nelnet pays a quarterly dividend of $0.33 per share, amounting to an annualized rate of $1.32. Its most recent ex-date was September 1, 2026, with a payment date on September 15, 2026. Over the trailing twelve months, the company distributed a total of $1.32 per share, which provides a yield of 1.06% at a share price of $124.685.
Nelnet maintains a 5-year dividend growth streak. From late 2020 through late 2023, the company increased its quarterly dividend each November by $0.02 per share, rising from $0.20 to $0.22, then to $0.24, $0.26, and $0.28. The payout remained at $0.28 per share for seven consecutive quarters through June 2025 before stepping up twice in late 2025: first to $0.30 in September and then to $0.33 in December. Total annual distributions for complete calendar years grew steadily from $0.82 in 2020 to $0.90 in 2021, $0.98 in 2022, $1.06 in 2023, $1.12 in 2024, and $1.19 in 2025.
If Nelnet follows its regular schedule, the next quarterly ex-dividend date will fall in late November or early December 2026.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 6, 2026 | Sep 1, 2026 | Sep 15, 2026 | $0.33 |
| May 7, 2026 | Jun 1, 2026 | Jun 15, 2026 | $0.33 |
| Jan 29, 2026 | Feb 27, 2026 | Mar 13, 2026 | $0.33 |
| Nov 6, 2025 | Dec 1, 2025 | Dec 15, 2025 | $0.33 |
| Aug 6, 2025 | Sep 2, 2025 | Sep 16, 2025 | $0.30 |
| May 8, 2025 | Jun 2, 2025 | Jun 16, 2025 | $0.28 |
| Jan 30, 2025 | Feb 28, 2025 | Mar 14, 2025 | $0.28 |
| Nov 6, 2024 | Dec 2, 2024 | Dec 16, 2024 | $0.28 |
| Aug 8, 2024 | Aug 30, 2024 | Sep 13, 2024 | $0.28 |
| May 9, 2024 | May 31, 2024 | Jun 14, 2024 | $0.28 |
| Jan 31, 2024 | Feb 29, 2024 | Mar 15, 2024 | $0.28 |
| Nov 7, 2023 | Nov 30, 2023 | Dec 15, 2023 | $0.28 |
| Aug 7, 2023 | Aug 31, 2023 | Sep 15, 2023 | $0.26 |
| May 8, 2023 | May 31, 2023 | Jun 15, 2023 | $0.26 |
| Feb 1, 2023 | Feb 28, 2023 | Mar 15, 2023 | $0.26 |
| Nov 7, 2022 | Nov 30, 2022 | Dec 15, 2022 | $0.26 |
| Aug 8, 2022 | Aug 31, 2022 | Sep 15, 2022 | $0.24 |
| May 9, 2022 | May 31, 2022 | Jun 15, 2022 | $0.24 |
| Jan 27, 2022 | Feb 28, 2022 | Mar 15, 2022 | $0.24 |
| Nov 8, 2021 | Nov 30, 2021 | Dec 15, 2021 | $0.24 |
Frequently asked questions
Does Nelnet (NNI) pay a dividend?
Yes. Nelnet pays a quarterly dividend; the most recent payment was $0.33 per share.
What is NNI's dividend yield?
Nelnet paid $1.32 per share over the trailing twelve months, a yield of 1.04% at the last price of $126.93. Click here to learn more
When is NNI's most recent ex-dividend date?
Nelnet's most recent ex-dividend date is Sep 1, 2026, payable on Sep 15, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has NNI been raising its dividend?
Yes — Nelnet has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.