SLM Dividend History, Dates & Yield

B-

SLM Corporation · Financial Services

Current Price
$22.63
Dividend Yield
2.30%
Annual Dividend
$0.52
Frequency
Quarterly
Payout Ratio
14.40%
Next Ex-Date
Jun 4, 2026in 27 days
B-
Overall
C+
Yield
A
Growth
B+
Safety
C+
Consistency
C
Performance
vs Financial Services sector · See methodology →

Dividend Growth & Streak

Payout Ratio
14.40%
FCF Payout Ratio
15.90%
5Y Growth Rate
34.08%
1Y Growth Rate
8.33%
Consecutive Increases
0 years
Consecutive Payments
8 years

Payment History

21 payments (of 131 total)
Ex-DateAmount
Jun 4, 2026Upcoming$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
Jun 3, 2021$0.0300

Frequently Asked Questions

Does SLM Corporation pay dividends?

Yes, SLM Corporation (SLM) pays a quarterly dividend of $0.52 per share annually, yielding 2.30%.

When is SLM's next ex-dividend date?

SLM's next ex-dividend date is Jun 4, 2026. You must own shares before this date to receive the next payment.

How much does SLM pay in dividends per year?

SLM pays $0.52 per share annually in quarterly payments.

Is SLM's dividend safe?

SLM has a payout ratio of 14.4% 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 34.08% 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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