Company: Nelnet Inc. (NNI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Nelnet Inc is a United States based company engaged in these four segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management Includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Loan Servicing and Systems Segment derives majority of the company’s revenue. -Morningstar.com-
Symbol: NNI
Recent Price: $105.42
Dividends: $1.12
Yield: 1.06%
Sector: Financial Services
Industry: Credit Services
Address & Company Phone #: 121 South 13th St. Ste. 100 Lincoln NE 68508, 402-458-2370
Transfer Agent: Computershare 866-261-6714
Moody’s Rating: Ba1
Minimum & Maximum Investment: $100 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $1000
Fees: Div.: $1.50+6¢/sh. Cash: $5+6¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $101.60, $81.67