SLM Co. (NASDAQ:SLMBP – Get Free Report) declared a quarterly dividend on Wednesday, January 21st. Shareholders of record on Thursday, March 5th will be paid a dividend of 1.4327 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, March 5th.
SLM Stock Performance
SLMBP opened at $73.47 on Thursday. The company’s 50-day simple moving average is $74.21 and its two-hundred day simple moving average is $75.15. SLM has a 52-week low of $65.50 and a 52-week high of $83.15.
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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