SLM Corp Dividend
SLM Corp Dividend history 25 years & estimates 2025 to 2026
Dividend Analysis of the SLM Corp Stock
| Current dividend yield | 8.5 % |
| Dividendenrendite 5 Jahre | 6.26 % |
| Dividend Yield 10Y | 9.84 % |
| Payout 3Y | 7.25 % |
When does SLM Corp pay a dividend?
SLM Corp pays the next dividend on Dec 16 2024 (payday). The ex-day is on Dec 05 2024. The SLM Corp stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the SLM Corp stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from SLM Corp are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.13
Forecast
$0.13
Forecast
|
Dec 05 2024
Dec 05 2024
Dec 16 2024
Dec 05 24
Dec 16 24 |
Dec 16 2024 |
quarterly
quarterly
|
| 2024 |
$0.11
$0.11
|
Sep 05 2024
Sep 05 2024
Sep 16 2024
Sep 05 24
Sep 16 24 |
Sep 16 2024 |
quarterly
quarterly
|
| 2024 |
$0.11
$0.11
|
Jun 06 2024
Jun 06 2024
Jun 17 2024
Jun 06 24
Jun 17 24 |
Jun 17 2024 |
quarterly
quarterly
|
| 2024 |
$0.11
$0.11
|
Mar 01 2024
Mar 01 2024
Mar 15 2024
Mar 01 24
Mar 15 24 |
Mar 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Dec 01 2023
Dec 01 2023
Dec 15 2023
Dec 01 23
Dec 15 23 |
Dec 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Aug 31 2023
Aug 31 2023
Sep 15 2023
Aug 31 23
Sep 15 23 |
Sep 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Jun 01 2023
Jun 01 2023
Jun 15 2023
Jun 01 23
Jun 15 23 |
Jun 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.11
$0.11
|
Mar 02 2023
Mar 02 2023
Mar 15 2023
Mar 02 23
Mar 15 23 |
Mar 15 2023 |
quarterly
quarterly
|
| 2022 |
$0.11
$0.11
|
Dec 01 2022
Dec 01 2022
Dec 15 2022
Dec 01 22
Dec 15 22 |
Dec 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.11
$0.11
|
Sep 01 2022
Sep 01 2022
Sep 15 2022
Sep 01 22
Sep 15 22 |
Sep 15 2022 |
quarterly
quarterly
|
How much dividend does SLM Corp pay?
SLM Corp most recently paid a dividend of $0.11. SLM Corp paid a Dividend of $0.46 Per Share in the financial year 2024. With a stock price of $24.02 at Nov 14 2024, the current dividend yield is 1.92% (calculation: $0.46 / $24.02 = 1.92%). No special dividend was paid.
What is the SLM Corp Dividend Yield and payout ratio?
The average SLM Corp dividend yield over the last 5 years is 2.09% and the average over the last 10 years is 1.41%.
The payout ratio of SLM Corp in relation to the last financial year is 18.26%. The payout ratio smoothed over 3 years is 13.88%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | SLM Corp |
|---|---|
| Current dividend yield | 1.92% |
| Dividend Yield 5Y | 2.09% |
| Dividend Yield 10Y | 1.41% |
| Payout 1Y | 18.26% |
| Payout 3Y | 13.88% |
Is the SLM Corp dividend safe? Continuity & Dividend Growth
Is the SLM Corp dividend safe?
SLM Corp has been paying a dividend for 6 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 1-times.
The Dividend Growth in relation to the previous financial year amounts to 4.55%. The average SLM Corp Dividend Growth over the last 5 years is 30.83%. The average for the last 10 years is 23.98%.
| Metric | SLM Corp |
|---|---|
| Increased | 1 Year |
| Continuity | 6 Years |
| Paid | 6 Years |
| Growth 1Y | 4.55% |
| Growth 5Y | 30.83% |
| Growth 10Y | 23.98% |
Continuity
SLM Corp has been paying a dividend for 6 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 1-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 4.55%. The average SLM Corp Dividend Growth over the last 5 years is 30.83%. The average for the last 10 years is 23.98%.
SLM Corp Stock Forecast 2024
On the stock exchange, the SLM Corp stock (ISIN: US78442P1066) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of SLM Corp 27.98% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the SLM Corp stock price in real time at the top of the page.
SLM Corp (symbol: SLM) is valued at a Price / Earnings Ratio (P/E ratio) of 8.35 and a price/sales ratio (P/S ratio) of 1.66 valued. Based on analyst estimates, the SLM Corp stock forecast 2024 of the current financial year corresponds to a valuation of 8.76 according to P/E ratio and 2.75 according to P/S.
| Metric | SLM Corp |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
27.98%
|
| P/E TTM | 8.35 |
| P/S TTM | 1.66 |
| P/E forward | 8.76 |
| P/S forward | 2.75 |
SLM Corp (symbol: SLM) is valued at a Price / Earnings Ratio (P/E ratio) of 8.35 and a price/sales ratio (P/S ratio) of 1.66 valued. Based on analyst estimates, the SLM Corp stock forecast 2024 of the current financial year corresponds to a valuation of 8.76 according to P/E ratio and 2.75 according to P/S.
Discover more Dividend Stocks
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.
