NNI - Dividend announcements

LINCOLN, Neb., May 7, 2026 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $71.1 million, or $1.97 per share, for the first quarter of 2026, compared with GAAP net income of $82.6 million, or $2.26 per share, for the same period a year ago. Net income, excluding derivative market value adjustments[1], was $69.9 million, or $1.94 per share, for the first quarter of 2026, compared with $87.4 million, or $2.39 per share, for the same period in 2025."We're off to a strong start in 2026, with every business segment performing at a high level," said Jeff Noordhoek, chief executive officer of Nelnet. "We completed our Canadian acquisition in February, and integration is proceedi

LINCOLN, Neb., Jan. 29, 2026 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.33 per share. The dividend will be paid on Friday, March 13, 2026, to shareholders of record at the close of business on Friday, February 27, 2026. The company also announced it will release earnings for the fourth quarter and year ended December 31, 2025, after the close of the New York Stock Exchange on Thursday, February 26, 2026. Upon release, additional earnings information will be available at www.nelnetinvestors.com. Learn more about Nelnet at

LINCOLN, Neb., Nov. 6, 2025 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $106.7 million, or $2.94 per share, for the third quarter of 2025, compared with GAAP net income of $2.4 million, or $0.07 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $107.3 million, or $2.95 per share, for the third quarter of 2025, compared with $12.4 million, or $0.34 per share, for the same period in 2024. The third quarter 2025 operating results included the following items: Non-recurring revenue of $32.9 million ($25.0 million after tax or $0.69 per share) from the company's government servicing contract. Upon reaching a final a

LINCOLN, Neb., Aug. 6, 2025 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $181.5 million, or $4.97 per share, for the second quarter of 2025, compared with GAAP net income of $45.1 million, or $1.23 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $184.4 million, or $5.05 per share, for the second quarter of 2025, compared with $43.9 million, or $1.20 per share, for the same period in 2024. Included in the operating results for the second quarter of 2025 is a gain of $175.0 million ($133.0 million after tax, or $3.65 per share) related to the previously disclosed partial redemption of Nelnet's investment in ALLO

LINCOLN, Neb., May 8, 2025 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $82.6 million, or $2.26 per share, for the first quarter of 2025, compared with GAAP net income of $73.4 million, or $1.98 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $87.4 million, or $2.39 per share, for the first quarter of 2025, compared with $67.4 million, or $1.81 per share, for the same period in 2024. "We're pleased with Nelnet's strong operating results to kick off 2025," said Jeff Noordhoek, chief executive officer of Nelnet. "In a challenging and uncertain economic environment, all our core businesses are performing well and

LINCOLN, Neb., Jan. 30, 2025 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.28 per share. The dividend will be paid on Friday, March 14, 2025, to shareholders of record at the close of business on Friday, Feb. 28, 2025. The company also announced it will release earnings for the fourth quarter and year ended December 31, 2024, after the close of the New York Stock Exchange on Thursday, February 27, 2025. Upon release, additional earnings information will be available at www.nelnetinvestors.com. Learn more about Nelnet at www

LINCOLN, Neb., Nov. 7, 2024 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $2.4 million, or $0.07 per share, for the third quarter of 2024, compared with GAAP net income of $44.4 million, or $1.18 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $12.4 million, or $0.34 per share, for the third quarter of 2024, compared with $42.0 million, or $1.12 per share, for the same period in 2023. The third quarter 2024 operating results included the following items. A non-cash provision expense of $29.0 million ($22.0 million after tax, or $0.60 per share) related to the company's ownership of beneficial interest in loan s

LINCOLN, Neb., Aug. 8, 2024  /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $45.1 million, or $1.23 per share, for the second quarter of 2024, compared with GAAP net income of $27.4 million, or $0.73 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $43.9 million, or $1.20 per share, for the second quarter of 2024, compared with $25.9 million, or $0.69 per share, for the same period in 2023. "The operating results and cash generation from our businesses continue to be strong in 2024," said Jeff Noordhoek, chief executive officer of Nelnet. "We are excited about our current and future opportunities, always with a c

LINCOLN, Neb., May 9, 2024 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $73.2 million, or $1.97 per share, for the first quarter of 2024, compared with GAAP net income of $26.5 million, or $0.71 per share, for the same period a year ago. Net income, excluding derivative market value adjustments[1], was $67.2 million, or $1.81 per share, for the first quarter of 2024, compared with $54.9 million, or $1.47 per share, for the same period in 2023. "We are extremely pleased with the results of the first quarter," said Jeff Noordhoek, chief executive officer of Nelnet. "Our core businesses performed well in an uncertain environment. We continue to look for market opportunit

LINCOLN, Neb., Feb. 1, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.28 per share. The dividend will be paid on Friday, March 15, 2024, to shareholders of record at the close of business on Friday, March 1, 2024. The company also announced it will release earnings for the fourth quarter and year ended December 31, 2023, after the close of the New York Stock Exchange on Tuesday, February 27, 2024. Upon release, additional earnings information will be available at www.nelnetinvestors.com. Learn more about Nelnet at www.n

LINCOLN, Neb., Aug. 7, 2023 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $28.3 million, or $0.75 per share, for the second quarter of 2023, compared with GAAP net income of $85.1 million, or $2.26 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $26.7 million, or $0.71 per share, for the second quarter of 2023, compared with $54.4 million, or $1.44 per share, for the same period in 2022. In April 2023, the company redeemed certain loan asset-backed debt securities (bonds and notes payable) prior to their maturity. The remaining unamortized debt discount associated with these bonds at the time of redemption was w

LINCOLN, Neb., May 8, 2023 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $26.5 million, or $0.71 per share, for the first quarter of 2023, compared with GAAP net income of $186.6 million, or $4.91 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $54.9 million, or $1.47 per share, for the first quarter of 2023, compared with $75.9 million, or $1.99 per share, for the same period in 2022. "The results of the first quarter positions Nelnet for a bright future," said Jeff Noordhoek, chief executive officer of Nelnet. "We believe Nelnet has the financial strength and liquidity to continue investing in our core busines

LINCOLN, Neb., Feb. 1, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.26 per share. The dividend will be paid on Wednesday, March 15, 2023, to shareholders of record at the close of business on Wednesday, March 1, 2023. The company also announced it will release earnings for the fourth quarter and year ended December 31, 2022, after the close of the New York Stock Exchange on Tuesday, February 28, 2023. Upon release, additional earnings information will be available at www.nelnetinvestors.com. Learn more about Nelnet at 

LINCOLN, Neb., Nov. 7, 2022 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $104.8 million, or $2.80 per share, for the third quarter of 2022, compared with GAAP net income of $53.1 million, or $1.38 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $64.5 million, or $1.73 per share, for the third quarter of 2022, compared with $47.6 million, or $1.23 per share, for the same period in 2021. "During the third quarter, each of our core businesses performed at a high level and delivered strong results," said Jeff Noordhoek, chief executive officer of Nelnet. "Across Nelnet, our purpose is to serve. While there is a lot

LINCOLN, Neb., Aug. 8, 2022 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $85.1 million, or $2.26 per share, for the second quarter of 2022, compared with GAAP net income of $83.9 million, or $2.16 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $54.4 million, or $1.44 per share, for the second quarter of 2022, compared with $85.1 million, or $2.20 per share, for the same period in 2021. "Our strong second quarter results reflect our long-term focus," said Jeff Noordhoek, chief executive officer of Nelnet. "In the quarter, we made several investments for long-term growth and value creation, including product and

LINCOLN, Neb., May 9, 2022 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $186.6 million, or $4.91 per share, for the first quarter of 2022, compared with GAAP net income of $123.6 million, or $3.20 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $75.9 million, or $1.99 per share, for the first quarter of 2022, compared with $94.1 million, or $2.44 per share, for the same period in 2021. "We are pleased with the results of the first quarter," said Jeff Noordhoek, Chief Executive Officer of Nelnet. "We are proud of our team of associates who are truly responsible for our success. Their perseverance, optimism, and,

LINCOLN, Neb., Jan. 27, 2022 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.24 per share. The dividend will be paid on Tuesday, March 15, 2022, to shareholders of record at the close of business on Tuesday, March 1, 2022. Learn more about Nelnet at https://nelnetinc.com/. View original content:https://www.prnewswire.com/news-releases/nelnet-board-approves-dividend-301470279.html SOURCE Nelnet, Inc.

LINCOLN, Neb., Nov. 8, 2021 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $53.1 million, or $1.38 per share, for the third quarter of 2021, compared with GAAP net income of $71.5 million, or $1.86 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $47.6 million, or $1.23 per share, for the third quarter of 2021, compared with $68.9 million, or $1.79 per share, for the same period in 2020. Included in the operating results for the third quarter of 2021 was impairment of certain real estate assets of $14.2 million ($10.8 million after tax, or $0.28 per share) as employees continue working remotely. "Nelnet's core bu

LINCOLN, Neb., Aug. 5, 2021 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $83.9 million, or $2.16 per share, for the second quarter of 2021, compared with GAAP net income of $86.5 million, or $2.21 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $85.1 million, or $2.20 per share, for the second quarter of 2021, compared with $89.5 million, or $2.28 per share, for the same period in 2020. Included in the operating results for the second quarter of 2020 was a gain of $51.0 million (or $38.8 million after tax, or $0.99 per share) to increase the carrying value of the company's investment in Hudl to fair value after

LINCOLN, Neb., May 10, 2021 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $123.6 million, or $3.20 per share, for the first quarter of 2021, compared with a GAAP net loss of $40.5 million, or $1.01 per share, for the same period a year ago. GAAP net income increased for the three months ended March 31, 2021 compared to the same period in 2020 as a result of:  An increase in net interest income on the company's loan portfolio; The recognition of a negative provision for loan losses as a result of improved economic conditions; An increase in net income contribution from the company's Loan Servicing and Systems and Education Technology, Services, and Payment Processing op

LINCOLN, Neb., Jan. 29, 2021 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.22 per share. The dividend will be paid on Monday, March 15, 2021, to shareholders of record at the close of business on Monday, March 1, 2021. Learn more about Nelnet at https://nelnetinc.com/. (code #: nnif) SOURCE Nelnet, Inc. Related Links http://nelnetinc.com