SLM
Dividend Yield & History

Last updated:

Its most recent quarterly dividend was paid to shareholders on 2 Dec 2021. In trailing 12 Months, 17.27% of the company’s earnings is paid out as dividends.

SLMBP Most Recent Dividend 2 Dec 2021
SLMBP Dividend Yield TTM 1.65%
SLMBP Payout Ratio TTM 17.27% (Trailing 12 Months of Earnings)
SLM Corporation (NASDAQ:SLMBP): Payout ratio
Payout ratio 17.27%

SLM stock dividend per share (2016 – 2021)

SLM Corporation (NASDAQ:SLMBP): Dividend per share
2016 $2.41
2017 $2.91
2018 $3.88
2019 $4.24
2020 $2.56
2021 $0

SLM stock dividend yield (2016 – 2021)

SLM Corporation (NASDAQ:SLMBP): Dividend Yield
2016 0.45%
2017 0.32%
2018 0.43%
2019 1.78%
2020 1.18%
2021 1.05%

SLM stock dividend history by quarter (2005 – 2021)

Date Dividend Dividend adjustment Declaration date Record date Payment date
2 Dec 2021 $0.46000 $0.46000
2 Sep 2021 $0.46500 $0.46500
3 Jun 2021 $0.48300 $0.48300
4 Mar 2021 $0.00000 $0.48000 26 Jan 2021 5 Mar 2021 15 Mar 2021
3 Dec 2020 $0.49000 $0.49000 19 Nov 2020 4 Dec 2020 15 Dec 2020
3 Sep 2020 $0.51600 $0.51600 18 Jun 2020 4 Sep 2020 15 Sep 2020
4 Jun 2020 $0.64300 $0.64300 30 Apr 2020 5 Jun 2020 15 Jun 2020
5 Mar 2020 $0.91000 $0.91000 30 Jan 2020 6 Mar 2020 16 Mar 2020
5 Dec 2019 $0.97100 $0.97100 7 Nov 2019 6 Dec 2019 16 Dec 2019
5 Sep 2019 $1.03700 $1.03700 20 Jun 2019 6 Sep 2019 16 Sep 2019
6 Jun 2019 $1.12700 $1.12700 25 Apr 2019 7 Jun 2019 17 Jun 2019
4 Mar 2019 $1.10000 $1.10000 22 Jan 2019 5 Mar 2019 15 Mar 2019
6 Dec 2018 $1.02000 $1.02000 16 Nov 2018 7 Dec 2018 17 Dec 2018
6 Sep 2018 $1.05400 $1.05400 21 Jun 2018 7 Sep 2018 17 Sep 2018
4 Jun 2018 $0.98300 $0.98300 26 Apr 2018 5 Jun 2018 15 Jun 2018
2 Mar 2018 $0.82500 $0.82500 22 Feb 2018 5 Mar 2018 15 Mar 2018
4 Dec 2017 $0.76400 $0.76400 26 Oct 2017 5 Dec 2017 15 Dec 2017
30 Aug 2017 $0.75400 $0.75400 22 Jun 2017 1 Sep 2017 15 Sep 2017
1 Jun 2017 $0.72500 $0.72500 27 Apr 2017 5 Jun 2017 15 Jun 2017
1 Mar 2017 $0.66800 $0.66800 23 Feb 2017 5 Mar 2017 15 Mar 2017
1 Dec 2016 $0.64600 $0.64600 27 Oct 2016 5 Dec 2016 15 Dec 2016
31 Aug 2016 $0.60200 $0.60200 28 Jul 2016 2 Sep 2016 15 Sep 2016
1 Jun 2016 $0.59800 $0.59800 28 Apr 2016 3 Jun 2016 15 Jun 2016
2 Mar 2016 $0.56100 $0.56100 23 Feb 2016 5 Mar 2016 15 Mar 2016
2 Dec 2015 $0.51500 $0.51500 24 Nov 2015 4 Dec 2015 15 Dec 2015
2 Sep 2015 $0.50800 $0.50800
3 Jun 2015 $0.49800 $0.49800
4 Mar 2015 $0.49100 $0.49100
3 Dec 2014 $0.48900 $0.48900
3 Sep 2014 $0.48800 $0.48800
4 Jun 2014 $0.48900 $0.48900
5 Mar 2014 $0.49100 $0.49100
4 Dec 2013 $0.49400 $0.49400
4 Sep 2013 $0.49900 $0.49900
5 Jun 2013 $0.51700 $0.51700
1 Mar 2013 $0.49100 $0.49100
5 Dec 2012 $0.52700 $0.52700
5 Sep 2012 $0.56600 $0.56600
1 Jun 2012 $0.55500 $0.55500
1 Mar 2012 $0.57000 $0.57000
1 Dec 2011 $0.51800 $0.51800
31 Aug 2011 $0.49700 $0.49700
1 Jun 2011 $0.25800 $0.25800
2 Mar 2011 $0.25000 $0.25000
1 Dec 2010 $0.25100 $0.25100
1 Sep 2010 $0.31600 $0.31600
2 Jun 2010 $0.24500 $0.24500
3 Mar 2010 $0.23800 $0.23800
2 Dec 2009 $0.25200 $0.25200
2 Sep 2009 $0.33800 $0.33800
3 Jun 2009 $0.51000 $0.51000
4 Mar 2009 $0.66300 $0.66300
3 Dec 2008 $0.88900 $0.88900
3 Sep 2008 $0.88800 $0.88800
4 Jun 2008 $0.87600 $0.87600
5 Mar 2008 $1.43200 $1.43200
5 Dec 2007 $1.60400 $1.60400
5 Sep 2007 $1.58200 $1.58200
1 Jun 2007 $1.54600 $1.54600
1 Mar 2007 $1.51500 $1.51500
1 Dec 2006 $1.53900 $1.53900
31 Aug 2006 $1.54400 $1.54400
1 Jun 2006 $1.43500 $1.43500
1 Mar 2006 $1.29800 $1.29800
30 Nov 2005 $1.15600 $1.15600
31 Aug 2005 $1.11900 $1.11900

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 2 Dec 2021.

How much does SLM pay in dividends?

The most recent quarterly dividend was $0.46. 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.