Navient Dividends and Buybacks
Dividend criteria checks 4/6
Navient is a dividend paying company with a current yield of 4.16%. Next payment date is on 20th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
4.2%
Dividend yield
11.5%
Buyback Yield
| Total Shareholder Yield | 15.6% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | US$0.640 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16
Aug 18
Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16
May 28Recent updates
Navient Corporation's (NASDAQ:NAVI) Prospects Need A Boost To Lift Shares
Oct 24Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16
Aug 18Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16
May 28Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16
Feb 19Navient Corporation's (NASDAQ:NAVI) Shares Lagging The Market But So Is The Business
Feb 04Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of $0.16
Nov 24Navient (NASDAQ:NAVI) Will Pay A Dividend Of $0.16
Aug 29Navient (NASDAQ:NAVI) Has Affirmed Its Dividend Of $0.16
Aug 15Navient (NASDAQ:NAVI) Has Announced A Dividend Of $0.16
Feb 27Biden student loan forgiveness program to cost over $400B, CBO says
Sep 26Navient cut to Equal-Weight at Barclays as student loan forgiveness poses risk to earnings
Sep 09Navient (NASDAQ:NAVI) Is Paying Out A Dividend Of $0.16
Aug 15Navient Non-GAAP EPS of $0.92 beats by $0.14, NII of $321M beats by $69.8M
Jul 26If You Like EPS Growth Then Check Out Navient (NASDAQ:NAVI) Before It's Too Late
Apr 25Navient: Information Technology Service Poised For A Comeback
Mar 10Navient (NASDAQ:NAVI) Has Re-Affirmed Its Dividend Of US$0.16
Mar 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAVI's dividends per share have been stable in the past 10 years.
Growing Dividend: NAVI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Navient Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAVI) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Finance) | 1.6% |
| Analyst forecast (NAVI) (up to 3 years) | 4.2% |
Notable Dividend: NAVI's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NAVI's dividend (4.16%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.9%), NAVI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9%), NAVI's dividend payments are thoroughly covered by cash flows.