Nelnet (NNI) Declares $0.12 Quarterly Dividend; 1.3% Yield

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Go back to Nelnet (NNI) Declares $0.12 Quarterly Dividend; 1.3% Yield

Nelnet Reports Third Quarter 2015 Results

November 5, 2015 4:16 PM EST

LINCOLN, Neb., Nov. 5, 2015 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $49.0 million, or $1.09 per share, for the third quarter of 2015, compared with GAAP net income of $85.2 million, or $1.84 per share, for the same period a year ago.

Excluding derivative market value and foreign currency adjustments, net income was $64.3 million, or $1.43 per share, for the third quarter of 2015, compared with $67.2 million, or $1.45 per share, for the same period in 2014.  The company reported expense from derivative market value and foreign currency adjustments of $15.4 million after tax, or $0.34 per... More