SLM Corp. (SLM) Dividend History

SLM Corporation is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans. It then became private and started offering private student loans, although at one point it had a contract to service federal loans. The company's primary business is creating, servicing, and collecting private education loans. The company also provides college savings tools such as its Upromise Rewards business and online planning for college tools and resources. Sallie Mae previously originated federally guaranteed student loans originated under the Federal Family Education Loan Program . and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets. Sallie Mae employs 1,400 individuals at offices across the U.S.

Last update 08/06/2021


Dividend Yield Summary

  2016 2017 2018 2019 2020 2021
Dividends - - - 0.12 0.12 0.06
Average Price 7.18 11.25 11.08 9.47 8.74 17.77
Yield - - - 1.27% 1.37% 0.34%
• The above Dividend, Average Price, and Yield values for 2021 are year-to-date.

Dividend Dates

Ex Dividend Date 2021-06-03
Dividend Pay Date

DivInfo Metrics ™

52-Week Projected Earnings Per Share 3.82
52-Week Projected Dividends Per Share 0.12
Dividend Cover 31.83 : 1
52-Week Projected Yield 0.64%
52-Week Trailing Yield 0.84%
6-Year Average Yield 0.46%
6-Year Dividend Change -
6-Year Yearly Dividend Change -
Number of Dividend Payments (1990-08-28 - 2021-06-03) 89

Dividend History

Date Amount Per Share Note
2021-06-03 $0.03
2021-03-04 $0.03
2020-12-03 $0.03
2020-09-03 $0.03
2020-06-04 $0.03
2020-03-05 $0.03
2019-12-05 $0.03
2019-09-05 $0.03
2019-06-06 $0.03
2019-03-04 $0.03
2014-04-07 $2.00
2014-03-05 $0.05
2013-12-04 $0.15
2013-09-04 $0.15
2013-06-05 $0.15
2013-02-27 $0.15
2012-12-05 $0.13
2012-09-05 $0.13
2012-05-30 $0.13
2012-02-29 $0.13
2011-11-30 $0.10
2011-08-31 $0.10
2011-06-01 $0.10
2007-02-28 $0.25
2006-11-29 $0.25
2006-08-30 $0.25
2006-05-31 $0.25
2006-03-01 $0.22
2005-11-30 $0.22
2005-08-31 $0.22
2005-06-01 $0.22
2005-03-02 $0.19
2004-12-01 $0.19
2004-09-01 $0.19
2004-06-02 $0.19
2004-03-03 $0.17
2003-12-03 $0.17
2003-09-03 $0.17
2003-06-04 $0.17
2003-03-05 $0.08
2002-12-04 $0.08
2002-09-04 $0.07
2002-06-05 $0.07
2002-02-27 $0.07
2001-12-05 $0.07
2001-05-30 $0.06
2001-02-28 $0.06
2000-11-29 $0.06
2000-08-30 $0.05
2000-05-31 $0.05
2000-03-01 $0.05
1999-12-01 $0.05
1999-09-01 $0.05
1999-06-02 $0.05
1999-02-24 $0.05
1998-12-02 $0.05
1998-09-02 $0.05
1998-06-03 $0.05
1998-02-25 $0.05
1997-12-03 $0.05
1997-09-03 $0.04
1997-06-04 $0.04
1997-02-24 $0.04
1996-12-03 $0.04
1996-09-03 $0.04
1996-06-04 $0.04
1996-02-22 $0.04
1995-12-04 $0.04
1995-08-31 $0.04
1995-06-02 $0.04
1995-02-16 $0.04
1994-11-30 $0.04
1994-08-29 $0.03
1994-06-02 $0.03
1994-02-17 $0.03
1993-12-01 $0.03
1993-08-27 $0.03
1993-06-02 $0.03
1993-02-22 $0.03
1992-12-01 $0.03
1992-08-28 $0.02
1992-05-29 $0.02
1992-02-20 $0.02
1991-12-02 $0.02
1991-08-27 $0.02
1991-05-29 $0.02
1991-02-20 $0.02
1990-12-03 $0.02
1990-08-28 $0.01