Nelnet Stock To Go Ex-dividend Tomorrow (NNI)

NEW YORK ( TheStreet) -- The ex-dividend date for Nelnet (NYSE: NNI) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $22.08 as of 9:31 a.m. ET, the dividend yield is 1.3%.

The average volume for Nelnet has been 100,300 shares per day over the past 30 days. Nelnet has a market cap of $814.6 million and is part of the financial sector and financial services industry. Shares are down 6.8% year to date as of the close of trading on Wednesday.

Nelnet, Inc., a transaction processing and finance company, provides education related products and services to students, families, schools, and financial institutions in the United States. The company has a P/E ratio of 6.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates Nelnet as sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management and weak operating cash flow. You can view the full Nelnet Ratings Report.

See our dividend calendar or top-yielding stocks list.

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