SLM Co. (NASDAQ:SLMBP – Get Free Report) announced a quarterly dividend on Thursday, July 25th, Wall Street Journal reports. Investors of record on Thursday, September 5th will be paid a dividend of 1.8467 per share on Monday, September 16th. This represents a $7.39 annualized dividend and a yield of 9.66%. The ex-dividend date of this dividend is Thursday, September 5th.
SLM has raised its dividend payment by an average of 39.9% annually over the last three years.
SLM Stock Performance
SLM stock opened at $76.49 on Friday. SLM has a 52-week low of $56.60 and a 52-week high of $80.67. The firm has a 50 day moving average price of $76.37 and a two-hundred day moving average price of $74.47.
SLM Company Profile
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts.
See Also
- Five stocks we like better than SLM
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Is Now the Time to Invest? ServiceNow Stock Sent to New Highs
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Leading Healthcare Provider Stock Soars on Earnings Beat
- What is the FTSE 100 index?
- AstraZeneca Shares Fall Despite EPS Beat and Raised Guidance
Receive News & Ratings for SLM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SLM and related companies with MarketBeat.com's FREE daily email newsletter.
