SLM is a dividend paying company with a current yield of 2.03% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
2.0%
Dividend yield
14%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
17 Jun 24
Ex dividend date
06 Jun 24
Dividend per share
n/a
Earnings per share
US$3.34
Dividend yield forecast in 3Y
2.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SLMB.P has been paying a dividend for less than 10 years.
Growing Dividend: SLMB.P's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
SLM Dividend Yield vs Market
How does SLMB.P dividend yield compare to the market?
Segment
Dividend Yield
Company (SLMB.P)
2.0%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.8%
Industry Average (Consumer Finance)
2.1%
Analyst forecast in 3 Years (SLMB.P)
2.8%
Notable Dividend: SLMB.P's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SLMB.P's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.5%), SLMB.P's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SLMB.P is paying a dividend but the company has no free cash flows.