NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $22.10 as of 9:36 a.m. ET, the dividend yield is 1.9%.
The average volume for Nelnet has been 120,800 shares per day over the past 30 days. Nelnet has a market cap of $769.7 million and is part of the
industry. Shares are down 9.7% year to date as of the close of trading on Friday.
Nelnet, Inc., an education services company, focuses on providing fee-based processing services, and education-related products and services in the areas of loan financing, loan servicing, payment processing, and enrollment services. The company has a P/E ratio of 4.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nelnet as a
. Among the areas we feel are negative, one of the most important has been poor debt management on most measures. You can view the full