Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

4/22/24 4:30:00 PM ET

Finance: Consumer Services

Finance

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Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced a 2024 second-quarter dividend on its Preferred Stock Series B of $1.9038003 per share. The company also announced a 2024 second-quarter dividend on its common stock of $0.11 per share.

Both preferred stock and common stock dividends will be paid on June 17, 2024, to the respective stockholders of record at the close of business on June 6, 2024.

Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

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Date	Price Target	Rating	Analyst
9/25/2024	$27.00	Buy	BofA Securities
1/16/2024	$14.00 → $23.00	Neutral → Buy	Citigroup
1/10/2024	$25.00	Buy	Deutsche Bank
1/4/2024	$18.00 → $20.00	Overweight → Neutral	JP Morgan
12/8/2023	$14.00 → $20.00	Equal Weight → Overweight	Wells Fargo
11/15/2023	$16.00	Overweight	Barclays
11/1/2023	$17.50	Outperform	TD Cowen
4/17/2023	$16.00 → $17.00	Neutral → Overweight	JP Morgan

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

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