SLM Dividend History, Dates & Yield

B-

SLM Corporation · Financial Services

Current Price
$22.72
Dividend Yield
1.14%
Annual Dividend
$0.26
Frequency
Quarterly
Payout Ratio
7.20%
Next Ex-Date
TBA
B-
Overall
D
Yield
A+
Growth
B
Safety
C+
Consistency
C
Performance
vs Financial Services sector · See methodology →

Dividend Growth & Streak

Payout Ratio
7.20%
FCF Payout Ratio
8.00%
5Y Growth Rate
40.20%
1Y Growth Rate
30.00%
Consecutive Increases
0 years
Consecutive Payments
8 years

Payment History

20 payments (of 132 total)
Ex-DateAmount
Sep 4, 2026$0.1300
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

Frequently Asked Questions

Does SLM Corporation pay dividends?▼

Yes, SLM Corporation (SLM) pays a quarterly dividend of $0.26 per share annually, yielding 1.14%.

How much does SLM pay in dividends per year?▼

SLM pays $0.26 per share annually in quarterly payments.

Is SLM's dividend safe?▼

SLM has a payout ratio of 7.2% 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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