SLM Co. (NASDAQ:SLMBP – Get Free Report) declared a quarterly dividend on Wednesday, April 22nd. Investors of record on Thursday, June 4th will be given a dividend of 1.4269 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, June 4th.
SLM Trading Up 0.2%
NASDAQ:SLMBP opened at $74.91 on Tuesday. SLM has a one year low of $70.58 and a one year high of $83.15. The company has a fifty day moving average price of $74.67 and a 200 day moving average price of $74.60.
SLM Company Profile
SLM Corporation, doing business as Sallie Mae, is a U.S.-based provider of private student loans, servicing, and banking products. The company specializes in originating and servicing education loans for undergraduate, graduate and professional students, as well as career and technical training programs. In addition to its core student lending business, Sallie Mae offers deposit products, credit cards and digital tools designed to help customers manage personal finances and plan for higher-education expenses.
Sallie Mae’s product suite includes fixed- and variable-rate private student loans, graduate student loans, parent loans and career training loans.
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