SLM Corporation
SLM
Price:
$27.13
Market Cap:
$5.76B
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.[Read more]
Industry
Financial - Credit Services
IPO Date
1983-09-23
Stock Exchange
NASDAQ
Ticker
SLM
PE Ratio
[9.36]
ROE
[31.63%]
Current Ratio
[0]
Dividend Yield
[1.62%]
Enterprise Value
[7.31B]
Dividend History
SLM Dividend History Overview
Dividends are a key part of long-term returns for investors, and SLM Corporation (SLM) has a track record worth reviewing. Looking at dividend history for SLM gives you an idea of how consistent the dividends have been and what you might expect in the future.
Ex-Dividend Date
2024-12-05
Dividend Yield
1.62%
Annual Dividend
$0.13
P/E Ratio
9.36
Payout Ratio
0.17
Dividend per Share
$0.44
EPS
2.90
| Ex-Date/EFF Date | Dividend Amount | Adjusted Dividend | Payment Date | Declaration Date |
|---|---|---|---|---|
| 2024-12-05 | $0.13 | $0.13 | 2024-12-16 | 2024-10-22 |
| 2024-09-05 | $0.11 | $0.11 | 2024-09-16 | 2024-07-23 |
| 2024-06-06 | $0.11 | $0.11 | 2024-06-17 | 2024-04-22 |
| 2024-03-01 | $0.11 | $0.11 | 2024-03-15 | 2024-01-23 |
| 2023-12-01 | $0.11 | $0.11 | 2023-12-15 | 2023-10-24 |
| 2023-08-31 | $0.11 | $0.11 | 2023-09-15 | 2023-07-25 |
| 2023-06-01 | $0.11 | $0.11 | 2023-06-15 | 2023-04-25 |
| 2023-03-02 | $0.11 | $0.11 | 2023-03-15 | 2023-01-24 |
| 2022-12-01 | $0.11 | $0.11 | 2022-12-15 | 2022-10-25 |
| 2022-09-01 | $0.11 | $0.11 | 2022-09-15 | 2022-07-26 |
| 2022-06-02 | $0.11 | $0.11 | 2022-06-15 | 2022-04-25 |
SLM Corporation (SLM) Dividend History Chart
The table below shows SLM Corporation (SLM) dividend history over the years, including the amount per share, the payout date, and any adjustments for stock splits.
SLM Corporation (SLM) Dividend Growth
SLM Corporation (SLM) dividend history also allows you to track its dividend growth over time. This gives you insight into how the company’s earnings and payout ratios have evolved. Tracking this growth can help you gauge the stock's potential for future income.
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Frequently asked questions❓
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