Navient Corporation 6% Senior Notes due December 15, 2043
JSMNavient Corporation 6% Senior Notes due December 15, 2043 (JSM) are long-term debt securities issued by Navient, a leading provider of asset management and loan servicing. These notes offer a fixed interest rate of 6% payable semiannually until maturity, representing the company's funding mechanism for its lending and servicing operations. As senior unsecured debt, they are prioritized over other unsecured obligations in the event of liquidation.
Dividend History
Investors can expect a dividend payout of $0.38 per share, scheduled to be distributed in 59 days on September 15, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 15, 2026 | $0.38 | 2026-09-14 | 2026-09-14 |
| June 15, 2026 | $0.38 | 2026-06-12 | 2026-06-12 |
| March 16, 2026 | $0.38 | 2026-03-13 | 2026-03-13 |
| December 15, 2025 | $0.38 | 2025-12-12 | 2025-12-12 |
| September 15, 2025 | $0.38 | 2025-09-12 | 2025-09-12 |
Dividends Summary
- Consistent Payer: Navient Corporation 6% Senior Notes due December 15, 2043 has rewarded shareholders with 42 dividend payments over the past 11 years.
- Total Returned Value: Investors who held JSM shares during this period received a total of $24.75 per share in dividend income.
- Latest Payout: The most recent dividend of $0.38/share was paid 33 days ago, on June 15, 2026.
- Yield & Schedule: JSM currently pays dividends quarterly with an annual yield of 8.49%.
- Dividend Growth: Since 2015, the dividend payout has grown by 0.0%, from $0.38 to $0.38.
- Dividend Reliability: JSM has maintained or increased its dividend for 24 consecutive payments.
Company News
The financial sector has underperformed in 2026 due to proposed credit card interest rate caps and AI-driven concerns about lenders. However, regional banks and alternative financial providers offer attractive dividend yields ranging from 5.7% to 12.3%, presenting contrarian investment opportunities for income-focused investors seeking undervalue...
Navient's board approved a $0.16 per share dividend for Q2 2026, payable on June 19, 2026. The company also announced that Board Chair Edward Bramson will be appointed as Chief Executive Officer effective June 2026.
Navient's board of directors approved a first quarter 2026 dividend of $0.16 per share, payable on March 20, 2026, to shareholders of record as of March 6, 2026. The company continues to manage student lending and education financing services.
Enterval Analytics published its 25th semi-annual Private Student Loan Report showing strong performance metrics for Q3 2025. Early-stage delinquencies stand at 3.49%, late-stage delinquencies at 1.71%, and gross charge-offs at 2.71%, with forbearance utilization at 1.53%. Private student loans represent 7.66% of the total student loan market wit...
Navient declared a quarterly dividend of $0.16 per share, payable on December 19, 2025, to shareholders of record as of December 5, 2025.
