SLM Corporation (SLM) Dividend Yield, History & Forecast

SLM Corporation (SLM) is a Financial - Credit Services company in the Financial Services sector listed on the NASDAQ Global Select. It pays a current dividend yield of 2.26% ($0.52 per share annually (TTM)), with 2 years of consecutive dividend increases. The most recent ex-dividend date was June 4, 2026, with payment scheduled for June 15, 2026. The trailing twelve-month payout ratio is 93.2%; the market capitalization is approximately $4.29B.

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Frequently Asked Questions about SLM Corporation (SLM)

What is SLM Corporation's dividend yield?
SLM Corporation (SLM) pays a current trailing twelve-month dividend yield of 2.26%, which works out to $0.52 per share annually based on the most recent payout schedule.
When does SLM Corporation pay its next dividend?
The most recent ex-dividend date was June 4, 2026. The next scheduled dividend payment date is June 15, 2026.
How many years has SLM Corporation increased its dividend?
SLM Corporation (SLM) has increased its dividend for 2 consecutive years.
Is SLM Corporation a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. SLM Corporation (SLM) currently has 2 years of consecutive increases.
What sector is SLM Corporation in?
SLM Corporation (SLM) operates in the Financial Services sector, specifically the Financial - Credit Services industry.
What is SLM Corporation's dividend payout ratio?
SLM Corporation (SLM)'s trailing twelve-month dividend payout ratio is 93.2%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.