- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Nelnet (NYSE: NNI) 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 financial sector and financial services 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.