SLM Dividend History, Dates & Yield

B-

SLM Corporation · Financial Services

Current Price
$23.03
Dividend Yield
0.56%
Annual Dividend
$0.13
Frequency
Quarterly
Payout Ratio
3.60%
Next Ex-Date
TBA
B-
Overall
F
Yield
A+
Growth
B
Safety
C+
Consistency
D+
Performance
vs Financial Services sector · See methodology →

Dividend Growth & Streak

Payout Ratio
3.60%
FCF Payout Ratio
4.00%
5Y Growth Rate
40.20%
1Y Growth Rate
35.42%
Consecutive Increases
0 years
Consecutive Payments
8 years

Payment History

20 payments (of 131 total)
Ex-DateAmount
Jun 4, 2026$0.1300
Mar 5, 2026$0.1300
Dec 4, 2025$0.1300
Sep 4, 2025$0.1300
Jun 5, 2025$0.1300
Mar 5, 2025$0.1300
Dec 5, 2024$0.1300
Sep 5, 2024$0.1100
Jun 6, 2024$0.1100
Mar 1, 2024$0.1100
Dec 1, 2023$0.1100
Aug 31, 2023$0.1100
Jun 1, 2023$0.1100
Mar 2, 2023$0.1100
Dec 1, 2022$0.1100
Sep 1, 2022$0.1100
Jun 2, 2022$0.1100
Mar 3, 2022$0.1100
Dec 2, 2021$0.1100
Sep 2, 2021$0.0300

Frequently Asked Questions

Does SLM Corporation pay dividends?

Yes, SLM Corporation (SLM) pays a quarterly dividend of $0.13 per share annually, yielding 0.56%.

How much does SLM pay in dividends per year?

SLM pays $0.13 per share annually in quarterly payments.

Is SLM's dividend safe?

SLM has a payout ratio of 3.6% and has paid dividends for 8 consecutive years. Its dividend safety grade is B.

What is SLM's dividend growth rate?

SLM has grown its dividend at 40.20% annually over the past 5 years.

Has SLM ever cut its dividend?

Yes, SLM's last dividend decrease was on Jan 1, 2022.

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