Nelnet Dividends and Buybacks
Dividend criteria checks 4/6
Nelnet is a dividend paying company with a current yield of 1.02% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
1.0%
Dividend yield
2.7%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 0.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €1.120 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NIJ's dividends per share have been stable in the past 10 years.
Growing Dividend: NIJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nelnet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIJ) | 1.0% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Consumer Finance) | 4.2% |
| Analyst forecast (NIJ) (up to 3 years) | 1.0% |
Notable Dividend: NIJ's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: NIJ's dividend (1.02%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), NIJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.1%), NIJ's dividend payments are thoroughly covered by cash flows.