SLM SLM Corporation

$19.64+0.20%
B-
Dividend Yield2.65%
Annual Dividend$0.52
Payout Ratio
Safe15.00%
Consecutive Years2 yrs
Frequencyquarterly
Next Ex-Date
N/A

Dividend Grades

vs Financial Services sector
B-
Overall
C+
Yield
A+
Growth
B-
Safety
C
Consistency
C
Performance
MetricSLMSector Median
Dividend Yield2.65%3.27%
Dividend Growth (5Y)34.08%5.31%
Payout Ratio15.0%36.0%
Consecutive Years Paid813
1Y Total Return-30.9%8.8%

Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

13.04%

3-Year Growth

5.73%

5-Year Growth

34.08%

10-Year Growth

N/A

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Mar 5, 2026

Last Payment

Mar 16, 2026

Dividend History

Ex-DateAmountChange
Mar 5, 2026$0.13000.00%
Dec 4, 2025$0.13000.00%
Sep 4, 2025$0.13000.00%
Jun 5, 2025$0.13000.00%
Mar 5, 2025$0.13000.00%
Dec 5, 2024$0.1300+18.18%
Sep 5, 2024$0.11000.00%
Jun 6, 2024$0.11000.00%
Mar 1, 2024$0.11000.00%
Dec 1, 2023$0.11000.00%
Aug 31, 2023$0.11000.00%
Jun 1, 2023$0.11000.00%
Mar 2, 2023$0.11000.00%
Dec 1, 2022$0.11000.00%
Sep 1, 2022$0.11000.00%
Jun 2, 2022$0.11000.00%
Mar 3, 2022$0.11000.00%
Dec 2, 2021$0.1100+266.67%
Sep 2, 2021$0.03000.00%
Jun 3, 2021$0.03000.00%

Payout Ratio (Earnings)

15.0%

Safe

FCF Payout Ratio

19.0%

Safe

Financial Snapshot

PeriodEPSFCF
Q1 2025$1.43-$146.05M
Q2 2025$0.32-$138.73M
Q3 2025$0.64-$52.77M
Q4 2025$1.13$913.07M

Analyst Ratings (Last 90 Days)

Buy: 0Hold: 3Sell: 0

Peer Comparison

SymbolCompanyYield
VVisa Inc.0.84%
MAMastercard Incorporated0.63%
AXPAmerican Express Company1.11%
COFCapital One Financial Corporation1.54%
PYPLPayPal Holdings, Inc.0.64%

Frequently Asked Questions

Does SLM Corporation pay a dividend?

Yes, SLM Corporation (SLM) pays a quarterly dividend with a yield of 2.65%.

What is SLM's dividend yield?

SLM's current dividend yield is 2.65%. The annual dividend is $0.52.

When is SLM's next ex-dividend date?

The next ex-dividend date for SLM has not been announced yet.

How many years has SLM Corporation increased its dividend?

SLM Corporation has increased its dividend for 2 consecutive years.

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 23, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.