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Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the business following segments: Loan Systems & Servicing, Tuition Payment Processing & Campus Commerce, Communications, and Asset Generation and Management. Read More The System & Servicing segment specializes in student loan portfolio and the portfolios of third parties such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing. The Tuition Payment Processing & Campus Commerce segment provides products and services to help students and families manage the payment of education costs at all levels, as well as school information system software for private and faith-based schools that help schools automate administrative processes such as admissions, scheduling, student billing, attendance, and grade book management. The Communications segment is the operation of Allo Communications LLC which provides pure optic service to homes and businesses for internet, broadband, television, and telephone services. The Asset Generation & Management segment is the acquisition, management, and ownership of student loan assets. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in 1977 and is headquartered in Lincoln, NE.
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Yahoo FinanceMay 23
Here's How We Evaluate Nelnet, Inc.'s Dividend
Dividend paying stocks like Nelnet, Inc. (NYSE:NNI) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. On the other hand, investors have been known to buy a stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. A 1.2% yield is nothing to get excited about, but investors probably think the long payment history suggests Nelnet has some staying powe...
Financial Sector Update for 05/09/2019: CXW,TW,NNI,GDOT
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Yahoo FinanceMay 8
Nelnet: 1Q Earnings Snapshot
LINCOLN, Neb. (AP) _ Nelnet Inc. (NNI) on Wednesday reported first-quarter earnings of $41.6 million. On a per-share basis, the Lincoln, Nebraska-based company said it had profit of $1.03. Earnings, adjusted for one-time gains and costs, came to $1.61 per share. The education services company posted revenue of $456.7 million in the period. Its adjusted revenue was $264.9 million. Nelnet shares have risen 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $57.61,...
Expected Aug 6, After Hours