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
Investors can expect a dividend payout of $0.13 per share, scheduled to be distributed in 52 days on March 16, 2026
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| 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 |
| March 17, 2025 | $0.13 | 2025-03-05 | 2025-03-05 |
Dividends Summary
- Consistent Payer: SLM Corporation has rewarded shareholders with 54 dividend payments over the past 23 years.
- Total Returned Value: Investors who held SLM shares during this period received a total of $6.79 per share in dividend income.
- Latest Payout: The most recent dividend of $0.13/share was paid 39 days ago, on December 15, 2025.
- Yield & Schedule: SLM currently pays dividends quarterly with an annual yield of 1.95%.
- 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 29 consecutive payments.
Company News
Rosen Law Firm is encouraging investors who purchased securities of SLM Corporation (Sallie Mae) between July 25-August 14, 2025 to join a class action lawsuit. The lawsuit alleges that SLM made false statements regarding early stage delinquencies and overstated the effectiveness of its loss mitigation programs for private education loans. The le...
SLM Corporation faces a class action securities fraud lawsuit after the company's CFO made misleading statements about delinquency rates in July 2025. An August 14, 2025 TD Cowen report revealed that delinquencies were significantly higher than seasonal norms, contradicting management's claims. The disclosure caused SLM's stock to fall 8.1% on Au...
Rosen Law Firm is reminding investors who purchased SLM Corporation (Sallie Mae) securities between July 25, 2025 and August 14, 2025 of the February 17, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that SLM made false and misleading statements regarding increased early-stage delinquencies and overstated...
Kirby McInerney LLP has filed a securities fraud class action lawsuit against SLM Corporation (Sallie Mae) on behalf of investors who purchased securities between July 25-August 14, 2025. The lawsuit alleges SLM made false statements about delinquency rates and overstated the effectiveness of its loss mitigation programs. A TD Cowen report reveal...
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 defendants failed to disclose a significant increase in early-stage delinquencies and overstated the effectiveness of their loss mitigation pro...
