DIVIDEND ANNOUNCEMENT: SLM Corp. (NASDAQ:SLM) on 01/24/2023 declared a dividend of $0.1100 per share

SLM Corp. (NASDAQ:SLM) on 01/24/2023 declared a dividend of $ 0.1100 per share payable on March 15, 2023 to shareholders of record as of March 03, 2023.

SLM Corp. (NASDAQ:SLM) has paid dividends since 2000, has a current dividend yield of 2.5897586346% and has increased its dividends for 2 successive years.

SLM Corp.'s market cap is $ 4,250,847,030 and has a PE ratio of 5.57. The stock price closed yesterday at $ 16.99 and has a 52 week low/high of $ 13.72 and $ 20.75.

SLM is a holding company. Through its subsidiary, Co.'s primary business is to originate and service Private Education Loans. Private Education Loans are education loans for students or their families that are not made, insured or guaranteed by any state or federal government. Co. also provides a range of deposit products insured by the Federal Deposit Insurance Corporation. Co. also provides six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School Loan.

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