SLM Co. (SLMBP) to Issue Quarterly Dividend of $1.43 on March 16th

SLM Co. (NASDAQ:SLMBP) declared a quarterly dividend on Wednesday, January 21st. Stockholders of record on Thursday, March 5th will be paid a dividend of 1.4327 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, March 5th.

SLM Price Performance

NASDAQ:SLMBP opened at $75.17 on Tuesday. The business has a fifty day moving average of $74.24 and a 200-day moving average of $75.03. SLM has a 1 year low of $65.50 and a 1 year high of $83.15.

SLM Company Profile

SLM Corporation, doing business as Sallie Mae, is a U.S.-based provider of private student loans, servicing, and banking products. The company specializes in originating and servicing education loans for undergraduate, graduate and professional students, as well as career and technical training programs. In addition to its core student lending business, Sallie Mae offers deposit products, credit cards and digital tools designed to help customers manage personal finances and plan for higher-education expenses.

Sallie Mae’s product suite includes fixed- and variable-rate private student loans, graduate student loans, parent loans and career training loans.