Navient Dividend
Dividend criteria checks 5/6
Navient is a dividend paying company with a current yield of 4.15% that is well covered by earnings. Next payment date is on 20th September, 2024 with an ex-dividend date of 6th September, 2024.
Key information
4.2%
Dividend yield
46%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 20 Sep 24 |
Ex dividend date | 06 Sep 24 |
Dividend per share | US$0.640 |
Earnings per share | US$1.46 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Navient (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 19Recent updates
Navient (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 01I Ran A Stock Scan For Earnings Growth And Navient (NASDAQ:NAVI) Passed With Ease
Jan 09Navient (NASDAQ:NAVI) Is Due To Pay A Dividend Of US$0.16
Nov 26Navient Is Set To Rebound With Justified Gross Loan Decrease
Sep 26Here's Why I Think Navient (NASDAQ:NAVI) Might Deserve Your Attention Today
Sep 23Upcoming 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) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Consumer Finance) | 1.9% |
Analyst forecast in 3 Years (NAVI) | 4.2% |
Notable Dividend: NAVI's dividend (4.15%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: NAVI's dividend (4.15%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), NAVI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.8%), NAVI's dividend payments are thoroughly covered by cash flows.