Nelnet to Announce Fourth Quarter Results; Board Approves Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Nelnet (NYSE: NNI) has announced two key updates: First, the Board of Directors has declared a first quarter cash dividend of $0.28 per share on both Class A and Class B common stock. The dividend will be paid on March 14, 2025, to shareholders of record as of February 28, 2025.

Additionally, the company will release its fourth quarter and full-year 2024 earnings after the NYSE closes on February 27, 2025. Detailed earnings information will be made available on the company's investor relations website.

Positive

Maintained quarterly dividend payment of $0.28 per share

Negative

None.

News Market Reaction 1 Alert

-0.60% News Effect

On the day this news was published, NNI declined 0.60%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

01/30/2025 - 05:00 PM

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.nelnetinc.com.

View original content:https://www.prnewswire.com/news-releases/nelnet-to-announce-fourth-quarter-results-board-approves-dividend-302364850.html