SLM
Dividend Yield & History
Last updated:
Its most recent quarterly dividend was paid to shareholders on 15 Dec 2021. In trailing 12 Months, 17.27% of the company’s earnings is paid out as dividends.
| SLM Most Recent Dividend | 15 Dec 2021 |
|---|---|
| SLM Dividend Yield TTM | 1.65% |
| SLM Payout Ratio TTM | 17.27% (Trailing 12 Months of Earnings) |
| Payout ratio | 17.27% |
|---|
SLM stock dividend per share (2019 – 2021)
| 2019 | $0.12 |
|---|---|
| 2020 | $0.12 |
| 2021 | $0.2 |
SLM stock dividend yield (2019 – 2021)
| 2019 | 1.78% |
|---|---|
| 2020 | 1.18% |
| 2021 | 1.05% |
SLM stock dividend history by quarter (1985 – 2021)
| Date | Dividend | Dividend adjustment | Declaration date | Record date | Payment date | |
|---|---|---|---|---|---|---|
| 2 Dec 2021 | $0.11000 | $0.11000 | 3 Dec 2021 | 15 Dec 2021 | ||
| 2 Sep 2021 | $0.03000 | $0.03000 | 29 Jul 2021 | 3 Sep 2021 | 15 Sep 2021 | |
| 3 Jun 2021 | $0.03000 | $0.03000 | 4 Jun 2021 | 15 Jun 2021 | ||
| 4 Mar 2021 | $0.03000 | $0.03000 | 26 Jan 2021 | 5 Mar 2021 | 15 Mar 2021 | |
| 3 Dec 2020 | $0.03000 | $0.03000 | 19 Nov 2020 | 4 Dec 2020 | 15 Dec 2020 | |
| 3 Sep 2020 | $0.03000 | $0.03000 | 18 Jun 2020 | 4 Sep 2020 | 15 Sep 2020 | |
| 4 Jun 2020 | $0.03000 | $0.03000 | 30 Apr 2020 | 5 Jun 2020 | 15 Jun 2020 | |
| 5 Mar 2020 | $0.03000 | $0.03000 | 30 Jan 2020 | 6 Mar 2020 | 16 Mar 2020 | |
| 5 Dec 2019 | $0.03000 | $0.03000 | 7 Nov 2019 | 6 Dec 2019 | 16 Dec 2019 | |
| 5 Sep 2019 | $0.03000 | $0.03000 | 20 Jun 2019 | 6 Sep 2019 | 16 Sep 2019 | |
| 6 Jun 2019 | $0.03000 | $0.03000 | 25 Apr 2019 | 7 Jun 2019 | 17 Jun 2019 | |
| 4 Mar 2019 | $0.03000 | $0.03000 | 23 Jan 2019 | 5 Mar 2019 | 15 Mar 2019 | |
| 5 Mar 2014 | $0.15000 | $0.05361 | 4 Feb 2014 | 7 Mar 2014 | 21 Mar 2014 | |
| 4 Dec 2013 | $0.15000 | $0.05361 | 3 Oct 2013 | 6 Dec 2013 | 20 Dec 2013 | |
| 4 Sep 2013 | $0.15000 | $0.05361 | 8 Aug 2013 | 6 Sep 2013 | 20 Sep 2013 | |
| 5 Jun 2013 | $0.15000 | $0.05361 | 9 Apr 2013 | 7 Jun 2013 | 21 Jun 2013 | |
| 27 Feb 2013 | $0.15000 | $0.05361 | 5 Feb 2013 | 1 Mar 2013 | 15 Mar 2013 | |
| 5 Dec 2012 | $0.12500 | $0.04467 | 15 Nov 2012 | 7 Dec 2012 | 21 Dec 2012 | |
| 5 Sep 2012 | $0.12500 | $0.04467 | 30 Jul 2012 | 7 Sep 2012 | 21 Sep 2012 | |
| 30 May 2012 | $0.12500 | $0.04467 | 24 May 2012 | 1 Jun 2012 | 15 Jun 2012 | |
| 29 Feb 2012 | $0.12500 | $0.04467 | 26 Jan 2012 | 2 Mar 2012 | 16 Mar 2012 | |
| 30 Nov 2011 | $0.10000 | $0.03574 | 17 Nov 2011 | 2 Dec 2011 | 16 Dec 2011 | |
| 31 Aug 2011 | $0.10000 | $0.03574 | 29 Jul 2011 | 2 Sep 2011 | 16 Sep 2011 | |
| 1 Jun 2011 | $0.10000 | $0.03574 | 20 Apr 2011 | 3 Jun 2011 | 17 Jun 2011 | |
| 28 Feb 2007 | $0.25000 | $0.08935 | 25 Jan 2007 | 2 Mar 2007 | 16 Mar 2007 | |
| 29 Nov 2006 | $0.25000 | $0.08935 | 26 Oct 2006 | 1 Dec 2006 | 15 Dec 2006 | |
| 30 Aug 2006 | $0.25000 | $0.08935 | 27 Jul 2006 | 1 Sep 2006 | 15 Sep 2006 | |
| 31 May 2006 | $0.25000 | $0.08935 | 18 May 2006 | 2 Jun 2006 | 16 Jun 2006 | |
| 1 Mar 2006 | $0.22000 | $0.07863 | 26 Jan 2006 | 3 Mar 2006 | 17 Mar 2006 | |
| 30 Nov 2005 | $0.22000 | $0.07863 | 28 Oct 2005 | 2 Dec 2005 | 16 Dec 2005 | |
| 31 Aug 2005 | $0.22000 | $0.07863 | 29 Jul 2005 | 2 Sep 2005 | 16 Sep 2005 | |
| 1 Jun 2005 | $0.22000 | $0.07863 | 20 May 2005 | 3 Jun 2005 | 17 Jun 2005 | |
| 2 Mar 2005 | $0.19000 | $0.06791 | 27 Jan 2005 | 4 Mar 2005 | 18 Mar 2005 | |
| 1 Dec 2004 | $0.19000 | $0.06791 | 29 Oct 2004 | 3 Dec 2004 | 17 Dec 2004 | |
| 1 Sep 2004 | $0.19000 | $0.06791 | 30 Jul 2004 | 3 Sep 2004 | 17 Sep 2004 | |
| 2 Jun 2004 | $0.19000 | $0.06791 | 14 May 2004 | 4 Jun 2004 | 18 Jun 2004 | |
| 3 Mar 2004 | $0.17000 | $0.06076 | 30 Jan 2004 | 5 Mar 2004 | 19 Mar 2004 | |
| 3 Dec 2003 | $0.17000 | $0.06076 | 18 Nov 2003 | 5 Dec 2003 | 19 Dec 2003 | |
| 3 Sep 2003 | $0.17000 | $0.06076 | 25 Jul 2003 | 5 Sep 2003 | 19 Sep 2003 | |
| 4 Jun 2003 | $0.51000 | $0.06076 | 15 May 2003 | 6 Jun 2003 | 20 Jun 2003 | |
| 5 Mar 2003 | $0.25000 | $0.02978 | 29 Jan 2003 | 7 Mar 2003 | 21 Mar 2003 | |
| 4 Dec 2002 | $0.25000 | $0.02978 | 8 Nov 2002 | 6 Dec 2002 | 20 Dec 2002 | |
| 4 Sep 2002 | $0.20000 | $0.02383 | 26 Jul 2002 | 6 Sep 2002 | 20 Sep 2002 | |
| 5 Jun 2002 | $0.20000 | $0.02383 | 17 May 2002 | 7 Jun 2002 | 21 Jun 2002 | |
| 27 Feb 2002 | $0.20000 | $0.02383 | 25 Jan 2002 | 1 Mar 2002 | 15 Mar 2002 | |
| 5 Dec 2001 | $0.20000 | $0.02383 | 26 Oct 2001 | 7 Dec 2001 | 21 Dec 2001 | |
| 5 Sep 2001 | $0.17500 | $0.17490 | 26 Jul 2001 | 7 Sep 2001 | 21 Sep 2001 | |
| 30 May 2001 | $0.17500 | $0.02085 | 10 May 2001 | 1 Jun 2001 | 15 Jun 2001 | |
| 28 Feb 2001 | $0.17500 | $0.02085 | 29 Jan 2001 | 2 Mar 2001 | 16 Mar 2001 | |
| 29 Nov 2000 | $0.17500 | $0.02085 | 16 Nov 2000 | 1 Dec 2000 | 15 Dec 2000 | |
| 30 Aug 2000 | $0.16000 | $0.01906 | 21 Jul 2000 | 1 Sep 2000 | 15 Sep 2000 | |
| 31 May 2000 | $0.16000 | $0.01906 | 26 May 2000 | 2 Jun 2000 | 16 Jun 2000 | |
| 1 Mar 2000 | $0.16000 | $0.01906 | 27 Jan 2000 | 3 Mar 2000 | 17 Mar 2000 | |
| 1 Dec 1999 | $0.16000 | $0.01906 | 18 Nov 1999 | 3 Dec 1999 | 17 Dec 1999 | |
| 1 Sep 1999 | $0.15000 | $0.01787 | 22 Jul 1999 | 3 Sep 1999 | 17 Sep 1999 | |
| 2 Jun 1999 | $0.15000 | $0.01787 | 21 May 1999 | 4 Jun 1999 | 18 Jun 1999 | |
| 24 Feb 1999 | $0.15000 | $0.01787 | 4 Feb 1999 | 26 Feb 1999 | 12 Mar 1999 | |
| 2 Dec 1998 | $0.15000 | $0.01787 | 20 Nov 1998 | 4 Dec 1998 | 18 Dec 1998 | |
| 2 Sep 1998 | $0.14000 | $0.01668 | 17 Jul 1998 | 4 Sep 1998 | 18 Sep 1998 | |
| 3 Jun 1998 | $0.14000 | $0.01668 | 21 May 1998 | 5 Jun 1998 | 19 Jun 1998 | |
| 25 Feb 1998 | $0.14000 | $0.01668 | 23 Jan 1998 | 27 Feb 1998 | 13 Mar 1998 | |
| 3 Dec 1997 | $0.49000 | $0.01668 | 21 Nov 1997 | 5 Dec 1997 | 19 Dec 1997 | |
| 3 Sep 1997 | $0.44000 | $0.01498 | 18 Jul 1997 | 5 Sep 1997 | 19 Sep 1997 | |
| 4 Jun 1997 | $0.44000 | $0.01498 | 21 May 1997 | 6 Jun 1997 | 20 Jun 1997 | |
| 24 Feb 1997 | $0.44000 | $0.01498 | 24 Jan 1997 | 26 Feb 1997 | 13 Mar 1997 | |
| 3 Dec 1996 | $0.44000 | $0.01498 | 22 Nov 1996 | 5 Dec 1996 | 19 Dec 1996 | |
| 3 Sep 1996 | $0.40000 | $0.01362 | 19 Jul 1996 | 5 Sep 1996 | 19 Sep 1996 | |
| 4 Jun 1996 | $0.40000 | $0.01362 | 17 May 1996 | 6 Jun 1996 | 20 Jun 1996 | |
| 22 Feb 1996 | $0.40000 | $0.01362 | 26 Jan 1996 | 26 Feb 1996 | 11 Mar 1996 | |
| 4 Dec 1995 | $0.40000 | $0.01362 | 17 Nov 1995 | 6 Dec 1995 | 21 Dec 1995 | |
| 31 Aug 1995 | $0.37000 | $0.01259 | 28 Jul 1995 | 5 Sep 1995 | 20 Sep 1995 | |
| 2 Jun 1995 | $0.37000 | $0.01259 | 26 May 1995 | 8 Jun 1995 | 23 Jun 1995 | |
| 16 Feb 1995 | $0.37000 | $0.01259 | 23 Feb 1995 | 10 Mar 1995 | ||
| 30 Nov 1994 | $0.37000 | $0.01259 | 6 Dec 1994 | 21 Dec 1994 | ||
| 29 Aug 1994 | $0.35000 | $0.01191 | 2 Sep 1994 | 15 Sep 1994 | ||
| 2 Jun 1994 | $0.35000 | $0.01191 | 8 Jun 1994 | 20 Jun 1994 | ||
| 17 Feb 1994 | $0.35000 | $0.01191 | 24 Feb 1994 | 10 Mar 1994 | ||
| 1 Dec 1993 | $0.35000 | $0.01191 | 7 Dec 1993 | 21 Dec 1993 | ||
| 27 Aug 1993 | $0.30000 | $0.01021 | 2 Sep 1993 | 17 Sep 1993 | ||
| 2 Jun 1993 | $0.30000 | $0.01021 | 8 Jun 1993 | 18 Jun 1993 | ||
| 22 Feb 1993 | $0.30000 | $0.01021 | 26 Feb 1993 | 12 Mar 1993 | ||
| 1 Dec 1992 | $0.30000 | $0.01021 | 7 Dec 1992 | 21 Dec 1992 | ||
| 28 Aug 1992 | $0.25000 | $0.00851 | 3 Sep 1992 | 16 Sep 1992 | ||
| 29 May 1992 | $0.25000 | $0.00851 | 4 Jun 1992 | 18 Jun 1992 | ||
| 20 Feb 1992 | $0.25000 | $0.00851 | 26 Feb 1992 | 12 Mar 1992 | ||
| 10 Dec 1991 | $0.25000 | $0.0238095 | 16 Dec 1991 | 20 Dec 1991 | ||
| 2 Dec 1991 | $0.00851 | $0.00851 | ||||
| 27 Aug 1991 | $0.20000 | $0.00681 | 3 Sep 1991 | 16 Sep 1991 | ||
| 29 May 1991 | $0.20000 | $0.00681 | 4 Jun 1991 | 18 Jun 1991 | ||
| 20 Feb 1991 | $0.20000 | $0.00681 | 26 Feb 1991 | 12 Mar 1991 | ||
| 3 Dec 1990 | $0.20000 | $0.00681 | 20 Nov 1990 | 7 Dec 1990 | 21 Dec 1990 | |
| 28 Aug 1990 | $0.13000 | $0.00442 | 26 Jul 1990 | 4 Sep 1990 | 17 Sep 1990 | |
| 30 May 1990 | $0.13000 | $0.00442 | 21 May 1990 | 5 Jun 1990 | 19 Jun 1990 | |
| 21 Feb 1990 | $0.13000 | $0.00442 | 23 Jan 1990 | 27 Feb 1990 | 13 Mar 1990 | |
| 1 Dec 1989 | $0.00442 | $0.00442 | ||||
| 28 Aug 1989 | $0.00340 | $0.00340 | ||||
| 24 May 1989 | $0.00340 | $0.00340 | ||||
| 22 Feb 1989 | $0.00272 | $0.00272 | ||||
| 1 Dec 1988 | $0.00272 | $0.00272 | ||||
| 26 Aug 1988 | $0.00184 | $0.00184 | ||||
| 31 May 1988 | $0.00184 | $0.00184 | ||||
| 23 Feb 1988 | $0.00184 | $0.00184 | ||||
| 1 Dec 1987 | $0.00184 | $0.00184 | ||||
| 25 Aug 1987 | $0.00123 | $0.00123 | ||||
| 1 Jun 1987 | $0.00123 | $0.00123 | ||||
| 24 Feb 1987 | $0.00123 | $0.00123 | ||||
| 1 Dec 1986 | $0.08925 | $0.08925 | ||||
| 25 Aug 1986 | $0.06038 | $0.06038 | ||||
| 23 May 1986 | $0.06038 | $0.06038 | ||||
| 24 Feb 1986 | $0.06038 | $0.06038 | ||||
| 26 Nov 1985 | $0.06038 | $0.06038 | ||||
| 26 Aug 1985 | $0.03938 | $0.03938 | ||||
| 24 May 1985 | $0.03938 | $0.03938 | ||||
| 25 Feb 1985 | $0.03938 | $0.03938 |
SLM Dividend FAQs
Does SLM pay dividends?
Yes, SLM pays dividends to its shareholders. The current dividend yield for the trailing 12 months is at 1.65%.
When does SLM pay dividends?
The last payment date was on 15 Dec 2021.
How much does SLM pay in dividends?
The most recent quarterly dividend was $0.11. The total yearly dividend (TTM) amounted to $0, per share.
What is dividend?
Dividend is money paid to shareholders of a company as a reward for their investment in the company's equity. Most often, they are paid out in form of cash or additional stocks.
How do dividends work?
Dividends are paid per share, meaning for every share held a shareholder gets a declared percentage of the company’s net earnings. Dividend payouts are usually on an annual or quarterly basis.
What is a dividend payout ratio?
The percentage of a company's total earnings that is paid to its shareholders.
How to calculate the dividend payout ratio?
The dividend ratio can be calculated by dividing the annual amount paid out in dividends by net earnings of the company.
What is the dividend yield?
The dividend yield determines the rate of return to shareholders of a company via dividends.
How to calculate the dividend yield?
The dividend yield can be calculated by dividing the annual dividends per share by the price per share.
What is the declaration date of dividend?
The declaration date is the day when a company announces its nearest dividend payment date.
What is the ex-dividend date of dividend?
If you buy shares of a company before its ex-dividend date, you are sure to be paid the nearest scheduled dividend on the payment date. Conversely, all shareholders who sold their shares prior to this date will not receive the next scheduled dividend.
What is the record date of dividend?
If an investor is listed as a shareholder of a company on this day, they are eligible to receive the nearest scheduled dividend. The record date is one business day after the ex-dividend date.
What is the payment date of dividend?
The payment date is a day when the dividends are paid out to all shareholders eligible to receive the latest dividend.