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SLM (SLM) Dividend Yield, Date & History

SLM logo
$27.42 +0.24 (+0.88%)
(As of 11:03 AM ET)

SLM Dividend Summary

Dividend Yield
1.90%
Annual Dividend
$0.52
Recent
Dividend Payment
Dec. 16
Annualized 3-Year
Dividend Growth
54.20%
Dividend Payout Ratio
18.12%

SLM (SLM) pays an annual dividend of $0.52 per share, with a dividend yield of 1.90%. The next quarterly payment of $0.13 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Thursday, December 5. The company currently pays out 18.12% of its earnings and 16.90% of its cash flow as dividends.

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SLM Dividend Payments by Quarter

The chart below displays up to four years of SLM's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SLM Dividend Yield Over Time

The chart below tracks SLM's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

SLM vs. The Competition

Compare SLM's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeSLMFinance CompaniesNASDAQ Companies
Annual Dividend$0.52$0.02$1.30
Dividend Yield1.90%10.46%4.01%
Annualized 3-Year Dividend Growth54.20%12.89%14.22%

SLM Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings18.12%
Based on This Year's Estimate19.05%
Based on Next Year's Estimate16.72%
Based on Cashflow16.90%

SLM Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024Quarterly$0.13+$0.02
18.18%
2.34%12/5/202412/5/202412/16/2024
7/23/2024Quarterly$0.11 - 1.86%9/5/20249/5/20249/16/2024
4/22/2024quarterly$0.11 - 2.06%6/6/20246/6/20246/17/2024
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1/23/2024quarterly$0.11 - 2.29%3/1/20243/4/20243/15/2024
10/24/2023quarterly$0.11 - 3.38%12/1/202312/4/202312/15/2023
7/25/2023quarterly$0.11 - 2.67%8/31/20239/1/20239/15/2023
4/25/2023Quarterly$0.11 - 3%6/1/20236/2/20236/15/2023
1/24/2023quarterly$0.11 - 2.61%3/2/20233/3/20233/15/2023

This table shows SLM's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

SLM Dividend - Frequently Asked Questions

The current dividend yield for SLM is 1.90%. Learn more on SLM's dividend yield history.

The annual dividend for SLM shares is $0.52. Learn more on SLM's annual dividend history.

SLM pays quarterly dividends to shareholders.

SLM's next quarterly dividend payment of $0.13 per share will be made to shareholders on Monday, December 16, 2024.

SLM's most recent quarterly dividend payment of $0.11 per share was made to shareholders on Monday, September 16, 2024.

SLM's most recent ex-dividend date was Thursday, December 5, 2024.

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

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, October 22, 2024.

The dividend payout ratio for SLM is:
  • 18.12% based on the trailing year of earnings
  • 19.05% based on this year's estimates
  • 16.72% based on next year's estimates
  • 16.90% based on cash flow

SLM's dividend yield of 1.91% is lower than the average Finance company that issues a dividend. SLM's dividend payout ratio of 18.12% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate SLM stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:SLM) was last updated on 12/16/2024 by MarketBeat.com Staff
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