What is the change in the fourth-quarter dividend for Sallie Mae in 2024?

Sallie Mae has increased its fourth-quarter dividend from $0.11 to $0.13 per share.

What is the dividend amount for Sallie Mae’s Preferred Stock Series B for the fourth quarter of 2024?

The fourth-quarter dividend on Preferred Stock Series B will be $1.7448719 per share.

When will Sallie Mae pay the fourth-quarter dividends?

Dividends will be paid on December 16, 2024, to stockholders of record as of December 5, 2024.

When is the earnings conference call scheduled to take place?

Sallie Mae will host an earnings conference call on October 23, 2024, at 5:30 p.m. ET.

Will there be a replay of the earnings conference call?

A replay of the conference call will be available on the company's investor website approximately two hours after the call ends.

Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024

10/23/24 4:30:00 PM ET

$SLM

Finance: Consumer Services

Finance

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Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released third-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023634710/en/

Sallie Mae also announced an increase to its 2024 fourth-quarter dividend on its common stock from $0.11 to $0.13 per share. Sallie Mae further announced a 2024 fourth-quarter dividend on its Preferred Stock Series B of $1.7448719 per share. Both common stock and preferred stock dividends will be paid on Dec. 16, 2024, to the respective stockholders of record at the close of business on Dec. 5, 2024.

Sallie Mae will host an earnings conference call today, Oct. 23, 2024, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae's performance. A live audio webcast of the conference call and presentation slides may be accessed at www.SallieMae.com/investors and the hosting website.

A replay of the webcast will be available via the company's investor website approximately two hours after the call's conclusion.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20241023634710/en/

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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
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Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024

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Q&A

What is the change in the fourth-quarter dividend for Sallie Mae in 2024?

What is the dividend amount for Sallie Mae’s Preferred Stock Series B for the fourth quarter of 2024?

When will Sallie Mae pay the fourth-quarter dividends?

When is the earnings conference call scheduled to take place?

Will there be a replay of the earnings conference call?

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