SLM Dividends and Buybacks
Dividend criteria checks 2/6
SLM is a dividend paying company with a current yield of 2.09% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
2.1%
Dividend yield
5.7%
Buyback Yield
| Total Shareholder Yield | 7.8% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 20.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | US$0.520 |
| Payout ratio | 15% |
Recent dividend and buyback updates
SLM (NASDAQ:SLM) Has Announced That It Will Be Increasing Its Dividend To $0.13
Oct 27
SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11
Apr 26Recent updates
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 27SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11
Oct 30SLM's (NASDAQ:SLM) Dividend Will Be $0.11
Aug 28SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11
Jul 29SLM (NASDAQ:SLM) Will Pay A Dividend Of $0.11
May 04SLM (NASDAQ:SLM) Is Paying Out A Dividend Of $0.11
Feb 03SLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11
Nov 17SLM (NASDAQ:SLM) Will Pay A Dividend Of $0.11
Nov 02Sallie Mae Q2 2022 Earnings Preview
Jul 26Does SLM (NASDAQ:SLM) Deserve A Spot On Your Watchlist?
Apr 05If You Like EPS Growth Then Check Out SLM (NASDAQ:SLM) Before It's Too Late
Dec 06Upcoming Dividend Payment
Stability 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) | 2.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Consumer Finance) | 1.7% |
| Analyst forecast (SLM) (up to 3 years) | 2.2% |
Notable Dividend: SLM's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SLM's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.