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SLM (SLM) Dividend Yield, Date & History

$22.73
-0.27 (-1.17%)
(As of 07/26/2024 ET)

Dividend Summary

Dividend Yield
1.94%
Annual Dividend
$0.44
Annualized 3-Year
Dividend Growth
54.20%
Dividend Payout Ratio
13.75%
Next
Dividend Payment
Sep. 16
Skip Charts & View Dividend History

SLM Dividend Yield Over Time

SLM vs. The Competition

TypeSLMFinance CompaniesNASDAQ Companies
Annual Dividend$0.44$1.77$1.25
Dividend Yield1.94%1,046.33%396.60%
Annualized 3-Year Dividend Growth54.20%1,294.31%1,417.88%

SLM Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings13.75%
Based on This Year's Estimates15.83%
Based on Next Year's Estimates14.81%
Based on Cashflow15.00%

SLM Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/23/2024Quarterly$0.111.86%9/5/20249/5/20249/16/2024
4/22/2024quarterly$0.112.06%6/6/20246/6/20246/17/2024
1/23/2024quarterly$0.112.29%3/1/20243/4/20243/15/2024
10/24/2023quarterly$0.113.38%12/1/202312/4/202312/15/2023
7/25/2023quarterly$0.112.67%8/31/20239/1/20239/15/2023
4/25/2023Quarterly$0.113%6/1/20236/2/20236/15/2023
1/24/2023quarterly$0.112.61%3/2/20233/3/20233/15/2023
10/25/2022quarterly$0.112.68%12/1/202212/2/202212/15/2022
7/26/2022quarterly$0.112.69%9/1/20229/2/20229/15/2022
4/25/2022quarterly$0.112.57%6/2/20226/3/20226/15/2022
1/25/2022quarterly$0.112.56%3/3/20223/4/20223/15/2022
10/20/2021quarterly$0.112.46%12/2/202112/3/202112/15/2021
7/29/2021quarterly$0.030.63%9/2/20219/3/20219/15/2021
4/29/2021quarterly$0.030.62%6/3/20216/4/20216/15/2021
1/26/2021quarterly$0.030.92%3/4/20213/5/20213/15/2021
11/19/2020quarterly$0.031.1%12/3/202012/4/202012/15/2020
6/18/2020Quarterly$0.031.58%9/3/20209/4/20209/15/2020
4/30/2020quarterly$0.031.44%6/4/20206/5/20206/15/2020
1/30/2020quarterly$0.031.09%3/5/20203/6/20203/16/2020
11/7/2019quarterly$0.031.32%12/5/201912/6/201912/16/2019
6/20/2019Quarterly$0.031.31%9/5/20199/6/20199/16/2019
4/26/2019quarterly$0.031.17%6/6/20196/7/20196/17/2019
1/23/2019quarterly$0.031.26%3/4/20193/5/20193/15/2019
2/4/2014quarterly$0.152.73%3/5/20143/7/20143/21/2014
10/3/2013quarterly$0.152.39%12/4/201312/6/201312/20/2013
8/8/2013quarterly$0.152.43%9/4/20139/6/20139/20/2013
4/9/2013quarterly$0.152.95%6/5/20136/7/20136/21/2013
2/5/2013quarterly$0.153.37%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

SLM Dividend - Frequently Asked Questions

What is SLM's dividend yield?

The current dividend yield for SLM is 1.94%. Learn more on SLM's dividend yield history.

How much is SLM's annual dividend?

The annual dividend for SLM shares is $0.44. Learn more on SLM's annual dividend history.

How often does SLM pay dividends?

SLM pays quarterly dividends to shareholders.

When is SLM's next dividend payment?

SLM's next quarterly dividend payment of $0.11 per share will be made to shareholders on Monday, September 16, 2024.

When was SLM's most recent dividend payment?

SLM's most recent quarterly dividend payment of $0.11 per share was made to shareholders on Monday, June 17, 2024.

When is SLM's ex-dividend date?

SLM's next ex-dividend date is Thursday, September 5, 2024.

When was SLM's most recent ex-dividend date?

SLM's most recent ex-dividend date was Thursday, June 6, 2024.

Is SLM's dividend growing?

Over the past three years, the company's dividend has grown by an average of 54.20% per year.

When did SLM last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.08 on Wednesday, October 20, 2021.

What is SLM's dividend payout ratio?
The dividend payout ratio for SLM is:
  • 13.75% based on the trailing year of earnings
  • 15.83% based on this year's estimates
  • 14.81% based on next year's estimates
  • 15.00% based on cash flow
Is SLM a good dividend stock?

SLM's dividend yield of 1.86% is lower than the average Finance company that issues a dividend. SLM's dividend payout ratio of 13.75% is at a healthy, sustainable level, below 75% of its earnings.

This page (NASDAQ:SLM) was last updated on 7/27/2024 by MarketBeat.com Staff

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