Nelnet, Inc. (NNI) Dividend History

NYSE: NNIYield, payment dates, growth and payout ratio.

NNI latest dividend

$0.33last dividend per share
Ex-dividend dateSep 1Tuesday, 2026
Payment dateSep 15Tuesday, 2026

The next dividend has not been announced yet.

  • 11 yearsof dividend increases
  • 2007paying since
  • Quarterly4 payments a year
  • +7.7%5-year growth a year
  • 1.04%forward yield

NNI dividend income calculator

Dividend income a year
$132
Each payment
$33
Value of the shares
$12,742
Dividend yield
1.04%

At the latest close; forward annual dividend $1.32 per share, before tax.

NNI dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

NNI dividend safety

Payout ratio (earnings)16.1%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)10.8%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.7%
Growing · a year on average
Years of increases11
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

NNI yield on cost

Nelnet, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$129.321.02%$1.321.0%
3 years ago$87.321.51%$3.584.1%
5 years ago$83.761.58%$5.586.7%
10 years ago$38.783.40%$9.1823.7%
20 years ago$30.364.35%$13.6545.0%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

NNI dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

NNI dividends by year

Nelnet, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.19+6.2%0.90%4
2024$1.12+5.7%1.05%4
2023$1.06+8.2%1.20%4
2022$0.98+8.9%1.08%4
2021$0.90+9.8%0.92%4
2020$0.82+10.8%1.15%4
2019$0.74+12.1%1.27%4
2018$0.66+13.8%1.26%4
2017$0.58+16.0%1.06%4
2016$0.50+19.0%0.99%4
2015$0.42+5.0%1.25%4
2014$0.400.0%0.86%4
2013$0.40−71.4%0.95%4
2012$1.40+278.4%4.70%4
2011$0.37−47.1%1.51%4
2010$0.70—2.95%4
2009$0.070.0%0.41%1
2008$0.07−75.0%0.49%1
2007$0.28—2.20%4

NNI dividend history

73 payments
Nelnet, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-012026-09-15$0.33—Quarterly
2026-06-012026-06-15$0.33—Quarterly
2026-02-272026-03-13$0.33—Quarterly
2025-12-012025-12-15$0.33+10.0%Quarterly
2025-09-022025-09-16$0.3+7.1%Quarterly
2025-06-022025-06-16$0.28—Quarterly
2025-02-282025-03-14$0.28—Quarterly
2024-12-022024-12-16$0.28—Quarterly
2024-08-302024-09-13$0.28—Quarterly
2024-05-312024-06-14$0.28—Quarterly
2024-02-292024-03-15$0.28—Quarterly
2023-11-302023-12-15$0.28+7.7%Quarterly
2023-08-312023-09-15$0.26—Quarterly
2023-05-312023-06-15$0.26—Quarterly
2023-02-282023-03-15$0.26—Quarterly
2022-11-302022-12-15$0.26+8.3%Quarterly
Show all 73 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-312022-09-15$0.24—Quarterly
2022-05-312022-06-15$0.24—Quarterly
2022-02-282022-03-15$0.24—Quarterly
2021-11-302021-12-15$0.24+9.1%Quarterly
2021-08-312021-09-15$0.22—Quarterly
2021-05-272021-06-14$0.22—Quarterly
2021-02-262021-03-15$0.22—Quarterly
2020-11-302020-12-15$0.22+10.0%Quarterly
2020-08-312020-09-15$0.2—Quarterly
2020-05-292020-06-15$0.2—Quarterly
2020-02-272020-03-13$0.2—Quarterly
2019-11-272019-12-13$0.2+11.1%Quarterly
2019-08-292019-09-13$0.18—Quarterly
2019-05-302019-06-14$0.18—Quarterly
2019-02-282019-03-15$0.18—Quarterly
2018-11-292018-12-14$0.18+12.5%Quarterly
2018-08-302018-09-14$0.16—Quarterly
2018-05-312018-06-15$0.16—Quarterly
2018-02-282018-03-15$0.16—Quarterly
2017-11-302017-12-15$0.16+14.3%Quarterly
2017-08-302017-09-15$0.14—Quarterly
2017-05-302017-06-15$0.14—Quarterly
2017-02-272017-03-15$0.14—Quarterly
2016-11-292016-12-15$0.14+16.7%Quarterly
2016-08-302016-09-15$0.12—Quarterly
2016-05-272016-06-15$0.12—Quarterly
2016-02-262016-03-15$0.12—Quarterly
2015-11-272015-12-15$0.12+20.0%Quarterly
2015-08-282015-09-15$0.1—Quarterly
2015-05-282015-06-15$0.1—Quarterly
2015-02-252015-03-13$0.1—Quarterly
2014-11-262014-12-15$0.1—Quarterly
2014-08-272014-09-15$0.1—Quarterly
2014-05-282014-06-13$0.1—Quarterly
2014-02-262014-03-14$0.1—Quarterly
2013-11-272013-12-16$0.1—Quarterly
2013-08-282013-09-13$0.1—Quarterly
2013-05-292013-06-14$0.1—Quarterly
2013-02-272013-03-15$0.1−90.9%Quarterly
2012-11-152012-11-27$1.10+1,000.0%Quarterly
2012-08-292012-09-15$0.1—Quarterly
2012-05-302012-06-15$0.1—Quarterly
2012-02-282012-03-15$0.1—Quarterly
2011-11-292011-12-15$0.1—Quarterly
2011-08-302011-09-15$0.1—Quarterly
2011-05-272011-06-15$0.1+42.9%Quarterly
2011-02-252011-03-15$0.07−85.7%Quarterly
2010-11-292010-12-15$0.49+600.0%Quarterly
2010-08-302010-09-15$0.07—Quarterly
2010-05-272010-06-15$0.07—Quarterly
2010-02-252010-03-15$0.07—Quarterly
2009-11-272009-12-15$0.07—Quarterly
2008-02-272008-03-15$0.07—Quarterly
2007-11-282007-12-15$0.07—Quarterly
2007-08-292007-09-15$0.07—Quarterly
2007-05-302007-06-15$0.07—Quarterly
2007-02-272007-03-15$0.07—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

NNI stock split history

Nelnet has no stock splits on record.

NNI dividend overview

Nelnet pays an annual dividend of $1.32 per share, a yield of 1.04% at the latest close, paid quarterly. It paid $1.19 per share in 2025, up 6.2% from 2024. It has raised its dividend for 11 consecutive years. Over five years the dividend grew 7.7% a year on average and over ten years 11.0% a year. The payout ratio is 16.1% of trailing earnings.

Related: NNI cash flow statement, NNI key metrics, NNI chart. See the NNI stock overview for the latest quote and news.

NNI dividends FAQ

Does Nelnet pay a dividend?

Yes. Nelnet has paid a regular dividend since 2007, quarterly, most recently $0.33 per share with an ex-dividend date of September 1, 2026.

What is Nelnet's dividend yield?

Nelnet's forward annual dividend is $1.32 per share, a dividend yield of 1.04% at the latest close of $127.42.

How often does Nelnet pay dividends?

Nelnet pays dividends quarterly.

How fast is Nelnet's dividend growing?

Nelnet's dividend per share grew from $0.82 in 2020 to $1.19 in 2025, 7.7% a year on average over five years; it has increased for 11 years in a row.

What is Nelnet's dividend payout ratio?

Nelnet pays out 16.1% of its trailing earnings as dividends and 10.8% of its free cash flow (fiscal 2025).

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