SLM (NASDAQ:SLMBP – Get Free Report) is expected to announce its resultson Thursday, July 23rd. Analysts expect SLM to post earnings of $0.4457 per share and revenue of $412.5370 million for the quarter.
SLM Price Performance
Shares of NASDAQ SLMBP opened at $74.98 on Thursday. The firm has a fifty day moving average of $74.71 and a 200 day moving average of $74.55. SLM has a one year low of $70.58 and a one year high of $83.05.
SLM Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were given a $1.4269 dividend. The ex-dividend date was Thursday, June 4th. This represents a $5.71 annualized dividend and a dividend yield of 7.6%.
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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