SLM Corporation
SLMSLM Corporation, commonly known as Sallie Mae, is a financial services company that primarily focuses on student loan transportation and management. Established in 1972, it has historically served as a major provider of private student loans, offering financing options for higher education. Over the years, SLM has evolved its services to include student loan refinancing, savings products, and college planning solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 15, 2026 | $0.13 | 2026-06-04 | 2026-06-04 |
| March 16, 2026 | $0.13 | 2026-03-05 | 2026-03-05 |
| December 15, 2025 | $0.13 | 2025-12-04 | 2025-12-04 |
| September 15, 2025 | $0.13 | 2025-09-04 | 2025-09-04 |
| June 16, 2025 | $0.13 | 2025-06-05 | 2025-06-05 |
Dividends Summary
- Consistent Payer: SLM Corporation has rewarded shareholders with 55 dividend payments over the past 23 years.
- Total Returned Value: Investors who held SLM shares during this period received a total of $6.92 per share in dividend income.
- Latest Payout: The most recent dividend of $0.13/share was paid 33 days ago, on June 15, 2026.
- Yield & Schedule: SLM currently pays dividends quarterly with an annual yield of 2.05%.
- Dividend Growth: Since 2003, the dividend payout has decreased by 23.5%, from $0.17 to $0.13.
- Dividend Reliability: SLM has maintained or increased its dividend for 30 consecutive payments.
Company News
A class action lawsuit has been filed against SLM Corporation (Sallie Mae) alleging that the company made materially false and misleading statements regarding its business operations. The complaint claims SLM concealed a significant increase in early-stage loan delinquencies and overstated the effectiveness of its loss mitigation programs, artifi...
Rosen Law Firm announces a securities class action lawsuit against SLM Corporation (Sallie Mae) for allegedly making false and misleading statements regarding early stage delinquencies and the effectiveness of its loan modification programs during the period of July 25, 2025 to August 14, 2025. Investors who purchased SLM securities during this p...
Helix Partners Management LP sold its entire 200,000-share stake in SLM Corporation for approximately $5.54 million in the fourth quarter. SLM shares have declined 14.6% over the past year, underperforming the S&P 500 by 27.5 percentage points. While the company reported solid financial metrics including $3.46 in GAAP diluted EPS and authorized a...
Law Offices of Howard G. Smith has announced securities fraud class action lawsuits against four publicly-traded companies: SLM Corporation (Sallie Mae), Klarna Group, agilon health, and Fermi Inc. The lawsuits allege that defendants made false or misleading statements regarding business operations, financial performance, and risk disclosures. In...
A class action lawsuit has been filed against SLM Corporation (Sallie Mae) alleging that the company made materially false and misleading statements regarding its business operations during July-August 2025. The complaint claims SLM concealed significant increases in early-stage loan delinquencies and overstated the effectiveness of its loss miti...
