SLM Dividends and Buybacks
Dividend criteria checks 2/6
SLM is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.9%
Dividend yield
4.9%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 20.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.520 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Improved Earnings Required Before SLM Corporation (NASDAQ:SLM) Stock's 27% Jump Looks Justified
Nov 26
SLM (NASDAQ:SLM) Has Announced That It Will Be Increasing Its Dividend To $0.13
Oct 27SLM Corporation's (NASDAQ:SLM) Business And Shares Still Trailing The Market
Jul 12SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11
Apr 26Take Care Before Diving Into The Deep End On SLM Corporation (NASDAQ:SLM)
Apr 11SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11
Feb 19SLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11
Jan 27Sallie Mae Q2 2022 Earnings Preview
Jul 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SLM has been paying a dividend for less than 10 years.
Growing Dividend: SLM's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| SLM Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SLM) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Consumer Finance) | 1.6% |
| Analyst forecast (SLM) (up to 3 years) | 2.0% |
Notable Dividend: SLM's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SLM's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), SLM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SLM is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SLM Corporation is covered by 32 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| James Fotheringham | BMO Capital Markets Equity Research |