SLM Corporation (SLM) Dividend History

SLM 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.

300 Continental Drive, Newark, DE, 19713
Phone: (302) 283-8000
Website:

Dividend History

Pay Date Amount Ex Dividend Date Record Date
June 16, 2025 $0.13 06/05/2025 06/05/2025
March 17, 2025 $0.13 03/05/2025 03/05/2025
December 16, 2024 $0.13 12/05/2024 12/05/2024
September 16, 2024 $0.11 09/05/2024 09/05/2024
June 17, 2024 $0.11 06/06/2024 06/06/2024
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Dividends Summary

  • SLM Corporation has issued 51 dividend payments over the past 22 years
  • The most recent dividend was paid 82 days ago, on March 17, 2025
  • The first recorded dividend was paid on December 19, 2003
  • The highest dividend payout was $0.25 per share
  • The average dividend over this 22 year span is $0.13 per share
  • SLM Corporation has decreased its dividend payments by 23.53% since 2003

Company News

  • Motley Fool analysts discuss adding beaten-down stocks SiriusXM Holdings and SLM to their portfolios, citing potential long-term value despite current market conditions.

    The Motley Fool
    Featured Companies: SIRI SLMBP
  • The Motley Fool, a financial services company, is recommending two stocks as top picks for September 2024. The Dow Jones Industrial Average and other benchmark indexes are near all-time highs, but the article suggests there are some excellent bargains in the stock market.

    The Motley Fool
    Featured Companies: GM
  • A federal appeals court has blocked the implementation of President Biden's SAVE student loan debt relief plan, citing a request by seven states. The entire SAVE plan is now on hold as the legal process continues.

    Benzinga
    Featured Companies: JSM NAVI NNI SOFI
  • Savings buckets, a feature offered by some banks, allow users to create separate sub-accounts within a single savings account to save for different goals. This can help motivate and organize savings efforts.

    The Motley Fool
    Featured Companies: SOFI
  • SLM (NASDAQ:SLM) has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 3 1 0 0 3M Ago 0 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $25.29, along with a high estimate of $28.00 and a low estimate of $22.00. This upward trend is apparent, with the current average reflecting a 5.99% increase from the previous average price target of $23.86. Analyzing Analyst Ratings: A Detailed Breakdown An in-depth analysis of recent analyst actions unveils how financial experts perceive SLM. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Moshe Orenbuch TD Cowen Raises Buy $27.00 $25.00 David Chiaverini Wedbush Maintains Outperform $28.00 $28.00 Richard Shane JP Morgan Raises Neutral $23.00 $22.00 Jon Arfstrom RBC Capital Raises Outperform $25.00 $24.00 David Chiaverini Wedbush Raises Outperform $28.00 $26.00 Michael Kaye Wells Fargo Raises Overweight $24.00 $22.00 Richard Shane JP Morgan Raises Neutral $22.00 $20.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether ...Full story available on Benzinga.com

    Benzinga
Dividend data last updated 06/06/2025 20:52:11 UTC