SLM SLM Corporation — dividend yield, history & ex-dividend dates
$25.10
▲
$0.11(0.44%)
as of Sep 21, 2026 06:20 UTC
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SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Dividend Snapshot
StatusGrowing
Last Dividend$0.1300Paid Sep 15, 2026
Forward Annual$0.52From the $0.1300 dividend declared Jul 22, 2026
FrequencyQuarterly
Last Ex-DateSep 04, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth13.0%Annual totals, 2024–2025
10-Yr Growth17.1%Annual totals, 2011–2025
Key Metrics
Current Yield
2.07%
At the Sep 21, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.5200
Declared Jul 22, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
61.8
As of Sep 21, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model. It is a research score, not advice or a recommendation to buy.RSI (14)
40
As of Sep 21, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$18.74 – $30.85
Closes through Sep 18, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
94.45%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
41
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.91
Price as of Sep 20, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
S
Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 62/100, yield 2.07%.
A
Accelerating
Dividend growth has stalled — 2 consecutive annual increase(s), under the 3 this check looks for.
F
Flawless
A dividend cut or reduction appears in the record.
E
Enduring
41 years of dividend payments on record.
Quote & Key Data
ExchangeNASDAQThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume5,056,227Sep 18, 2026 sessionHow many shares changed hands in the latest session, a rough read on trading activity.
Open$24.98Sep 18, 2026 sessionThe price at the start of the latest trading session.
Day Range$24.87 – $25.29Sep 18, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$24.99Close of Sep 17, 2026The closing price from the previous trading session.
Market Cap$4.72BAs of Sep 21, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out188.00MImplied by market cap, Sep 21, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$3.9012 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)6.9Price as of Sep 20, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 04, 2026Paid Sep 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-Date-None declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Dividend Growth
3-Yr Growth (CAGR)5.7%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)34.1%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases2 yrsAnnual totals through 2025The number of years in a row the dividend has increased, a track record of reliability.
Why the Yield Moved (90 Days)
SLM's dividend yield fell from 2.24% to 2.07% over the past ~90 days (-0.17 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.17 pp from the share price ($23.24 on Jun 23, 2026 → $25.10 on Sep 21, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Current2.07%
1-Yr Average2.11%
Low / High1.63% – 2.77%
Percentile63%
Across 274 daily observations over the past 13 months (through Sep 18, 2026), SLM's current yield is higher than approximately 63% of them. Our stored price history for SLM covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1300 Q | Regular | Jul 22, 2026 | Sep 04, 2026 | Sep 04, 2026 | Sep 15, 2026 |
| $0.1300 Q | Regular | Apr 22, 2026 | Jun 04, 2026 | Jun 04, 2026 | Jun 15, 2026 |
| $0.1300 Q | Regular | Jan 21, 2026 | Mar 05, 2026 | Mar 05, 2026 | Mar 16, 2026 |
| $0.1300 Q | Regular | Oct 22, 2025 | Dec 04, 2025 | Dec 04, 2025 | Dec 15, 2025 |
| $0.1300 Q | Regular | Jul 23, 2025 | Sep 04, 2025 | Sep 04, 2025 | Sep 15, 2025 |
| $0.1300 Q | Regular | Apr 23, 2025 | Jun 05, 2025 | Jun 05, 2025 | Jun 16, 2025 |
| $0.1300 Q | Regular | Jan 22, 2025 | Mar 05, 2025 | Mar 05, 2025 | Mar 17, 2025 |
| $0.1300 Q | Regular | Oct 22, 2024 | Dec 05, 2024 | Dec 05, 2024 | Dec 16, 2024 |
| $0.1100 Q | Regular | Jul 23, 2024 | Sep 05, 2024 | Sep 05, 2024 | Sep 16, 2024 |
| $0.1100 Q | Regular | Apr 22, 2024 | Jun 06, 2024 | Jun 06, 2024 | Jun 17, 2024 |
| $0.1100 Q | Regular | Jan 23, 2024 | Mar 01, 2024 | Mar 04, 2024 | Mar 15, 2024 |
| $0.1100 Q | Regular | Oct 24, 2023 | Dec 01, 2023 | Dec 04, 2023 | Dec 15, 2023 |
| $0.1100 Q | Regular | Jul 25, 2023 | Aug 31, 2023 | Sep 01, 2023 | Sep 15, 2023 |
| $0.1100 Q | Regular | Apr 25, 2023 | Jun 01, 2023 | Jun 02, 2023 | Jun 15, 2023 |
| $0.1100 Q | Regular | Jan 24, 2023 | Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 |
| $0.1100 Q | Regular | Oct 25, 2022 | Dec 01, 2022 | Dec 02, 2022 | Dec 15, 2022 |
| $0.1100 Q | Regular | Jul 26, 2022 | Sep 01, 2022 | Sep 02, 2022 | Sep 15, 2022 |
| $0.1100 Q | Regular | Apr 25, 2022 | Jun 02, 2022 | Jun 03, 2022 | Jun 15, 2022 |
| $0.1100 Q | Regular | Jan 25, 2022 | Mar 03, 2022 | Mar 04, 2022 | Mar 15, 2022 |
| $0.1100 Q | Regular | Oct 20, 2021 | Dec 02, 2021 | Dec 03, 2021 | Dec 15, 2021 |
| $0.0300 Q | Regular | Jul 29, 2021 | Sep 02, 2021 | Sep 03, 2021 | Sep 15, 2021 |
| $0.0300 Q | Regular | Apr 29, 2021 | Jun 03, 2021 | Jun 04, 2021 | Jun 15, 2021 |
| $0.0300 Q | Regular | Jan 26, 2021 | Mar 04, 2021 | Mar 05, 2021 | Mar 15, 2021 |
| $0.0300 Q | Regular | Nov 19, 2020 | Dec 03, 2020 | Dec 04, 2020 | Dec 15, 2020 |
| $0.0300 Q | Regular | Jun 18, 2020 | Sep 03, 2020 | Sep 04, 2020 | Sep 15, 2020 |
| $0.0300 Q | Regular | Apr 30, 2020 | Jun 04, 2020 | Jun 05, 2020 | Jun 15, 2020 |
| $0.0300 Q | Regular | Jan 30, 2020 | Mar 05, 2020 | Mar 06, 2020 | Mar 16, 2020 |
| $0.0300 Q | Regular | Nov 07, 2019 | Dec 05, 2019 | Dec 06, 2019 | Dec 16, 2019 |
| $0.0300 Q | Regular | Jun 20, 2019 | Sep 05, 2019 | Sep 06, 2019 | Sep 16, 2019 |
| $0.0300 Q | Regular | Apr 25, 2019 | Jun 06, 2019 | Jun 07, 2019 | Jun 17, 2019 |
| $0.0300 Q | Regular | Jan 22, 2019 | Mar 04, 2019 | Mar 05, 2019 | Mar 15, 2019 |
| $0.1500 Q | Regular | Feb 05, 2014 | Mar 05, 2014 | Mar 07, 2014 | Mar 21, 2014 |
| $0.1500 Q | Regular | Oct 03, 2013 | Dec 04, 2013 | Dec 06, 2013 | Dec 20, 2013 |
| $0.1500 Q | Regular | Aug 09, 2013 | Sep 04, 2013 | Sep 06, 2013 | Sep 20, 2013 |
| $0.1500 Q | Regular | Apr 09, 2013 | Jun 05, 2013 | Jun 07, 2013 | Jun 21, 2013 |
| $0.1500 Q | Regular | Feb 05, 2013 | Feb 27, 2013 | Mar 01, 2013 | Mar 15, 2013 |
| $0.1250 Q | Regular | Nov 16, 2012 | Dec 05, 2012 | Dec 07, 2012 | Dec 21, 2012 |
| $0.1250 Q | Regular | Jul 30, 2012 | Sep 05, 2012 | Sep 07, 2012 | Sep 21, 2012 |
| $0.1250 Q | Regular | May 29, 2012 | May 30, 2012 | Jun 01, 2012 | Jun 15, 2012 |
| $0.1250 Q | Regular | Jan 27, 2012 | Feb 29, 2012 | Mar 02, 2012 | Mar 16, 2012 |
| $0.1000 Q | Regular | Nov 18, 2011 | Nov 30, 2011 | Dec 02, 2011 | Dec 16, 2011 |
| $0.1000 Q | Regular | Aug 02, 2011 | Aug 31, 2011 | Sep 02, 2011 | Sep 16, 2011 |
| $0.1000 Q | Regular | Apr 21, 2011 | Jun 01, 2011 | Jun 03, 2011 | Jun 17, 2011 |
| $0.2500 Q | Regular | Jan 25, 2007 | Feb 28, 2007 | Mar 02, 2007 | Mar 16, 2007 |
| $0.2500 Q | Regular | Oct 26, 2006 | Nov 29, 2006 | Dec 01, 2006 | Dec 15, 2006 |
| $0.2500 Q | Regular | Jul 27, 2006 | Aug 30, 2006 | Sep 01, 2006 | Sep 15, 2006 |
| $0.2500 Q | Regular | May 18, 2006 | May 31, 2006 | Jun 02, 2006 | Jun 16, 2006 |
| $0.2200 Q | Regular | Jan 26, 2006 | Mar 01, 2006 | Mar 03, 2006 | Mar 17, 2006 |
| $0.2200 Q | Regular | Oct 28, 2005 | Nov 30, 2005 | Dec 02, 2005 | Dec 16, 2005 |
| $0.2200 Q | Regular | Jul 29, 2005 | Aug 31, 2005 | Sep 02, 2005 | Sep 16, 2005 |
| $0.2200 Q | Regular | May 20, 2005 | Jun 01, 2005 | Jun 03, 2005 | Jun 17, 2005 |
| $0.1900 Q | Regular | Jan 27, 2005 | Mar 02, 2005 | Mar 04, 2005 | Mar 18, 2005 |
| $0.1900 Q | Regular | Oct 29, 2004 | Dec 01, 2004 | Dec 03, 2004 | Dec 17, 2004 |
| $0.1900 Q | Regular | Jul 30, 2004 | Sep 01, 2004 | Sep 03, 2004 | Sep 17, 2004 |
| $0.1900 Q | Regular | May 14, 2004 | Jun 02, 2004 | Jun 04, 2004 | Jun 18, 2004 |
| $0.1700 Q | Regular | Jan 30, 2004 | Mar 03, 2004 | Mar 05, 2004 | Mar 19, 2004 |
| $0.1700 Q | Regular | Nov 18, 2003 | Dec 03, 2003 | Dec 05, 2003 | Dec 19, 2003 |
| $0.1700 Q | Regular | Jul 25, 2003 | Sep 03, 2003 | Sep 05, 2003 | Sep 19, 2003 |
| $0.5100 Q | Regular | May 15, 2003 | Jun 04, 2003 | Jun 06, 2003 | Jun 20, 2003 |
| $0.2500 Q | Regular | Jan 29, 2003 | Mar 05, 2003 | Mar 07, 2003 | Mar 21, 2003 |
| $0.2500 Q | Regular | Nov 08, 2002 | Dec 04, 2002 | Dec 06, 2002 | Dec 20, 2002 |
| $0.2000 Q | Regular | Jul 26, 2002 | Sep 04, 2002 | Sep 06, 2002 | Sep 20, 2002 |
| $0.2000 Q | Regular | May 17, 2002 | Jun 05, 2002 | Jun 07, 2002 | Jun 21, 2002 |
| $0.2000 Q | Regular | Jan 25, 2002 | Feb 27, 2002 | Mar 01, 2002 | Mar 15, 2002 |
| $0.2000 Q | Regular | Oct 26, 2001 | Dec 05, 2001 | Dec 07, 2001 | Dec 21, 2001 |
| $1.4681 Q | Regular | Jul 26, 2001 | Sep 05, 2001 | Sep 07, 2001 | Sep 21, 2001 |
| $0.1750 Q | Regular | May 10, 2001 | May 30, 2001 | Jun 01, 2001 | Jun 15, 2001 |
| $0.1750 Q | Regular | Jan 29, 2001 | Feb 28, 2001 | Mar 02, 2001 | Mar 16, 2001 |
| $0.1750 Q | Regular | Nov 16, 2000 | Nov 29, 2000 | Dec 01, 2000 | Dec 15, 2000 |
| $0.1600 Q | Regular | Jul 21, 2000 | Aug 30, 2000 | Sep 01, 2000 | Sep 15, 2000 |
| $0.1600 Q | Regular | May 26, 2000 | May 31, 2000 | Jun 02, 2000 | Jun 16, 2000 |
| $0.1600 Q | Regular | Jan 27, 2000 | Mar 01, 2000 | Mar 03, 2000 | Mar 17, 2000 |
| $0.1600 Q | Regular | Nov 18, 1999 | Dec 01, 1999 | Dec 03, 1999 | Dec 17, 1999 |
| $0.1500 Q | Regular | Jul 22, 1999 | Sep 01, 1999 | Sep 03, 1999 | Sep 17, 1999 |
| $0.1500 Q | Regular | May 21, 1999 | Jun 02, 1999 | Jun 04, 1999 | Jun 18, 1999 |
| $0.1500 Q | Regular | Feb 04, 1999 | Feb 24, 1999 | Feb 26, 1999 | Mar 12, 1999 |
| $0.1500 Q | Regular | Nov 20, 1998 | Dec 02, 1998 | Dec 04, 1998 | Dec 18, 1998 |
| $0.1400 Q | Regular | Jul 17, 1998 | Sep 02, 1998 | Sep 04, 1998 | Sep 18, 1998 |
| $0.1400 Q | Regular | May 21, 1998 | Jun 03, 1998 | Jun 05, 1998 | Jun 19, 1998 |
| $0.1400 Q | Regular | Jan 23, 1998 | Feb 25, 1998 | Feb 27, 1998 | Mar 13, 1998 |
| $0.4900 Q | Regular | Nov 21, 1997 | Dec 03, 1997 | Dec 05, 1997 | Dec 19, 1997 |
| $0.4400 Q | Regular | Jul 18, 1997 | Sep 03, 1997 | Sep 05, 1997 | Sep 19, 1997 |
| $0.4400 Q | Regular | May 21, 1997 | Jun 04, 1997 | Jun 06, 1997 | Jun 20, 1997 |
| $0.4400 Q | Regular | Jan 24, 1997 | Feb 24, 1997 | Feb 26, 1997 | Mar 13, 1997 |
| $0.4400 Q | Regular | Nov 22, 1996 | Dec 03, 1996 | Dec 05, 1996 | Dec 19, 1996 |
| $0.4000 Q | Regular | Jul 19, 1996 | Sep 03, 1996 | Sep 05, 1996 | Sep 19, 1996 |
| $0.4000 Q | Regular | May 17, 1996 | Jun 04, 1996 | Jun 06, 1996 | Jun 20, 1996 |
| $0.4000 Q | Regular | Jan 26, 1996 | Feb 22, 1996 | Feb 26, 1996 | Mar 11, 1996 |
| $0.4000 Q | Regular | Nov 17, 1995 | Dec 04, 1995 | Dec 06, 1995 | Dec 21, 1995 |
| $0.3700 Q | Regular | Jul 28, 1995 | Aug 31, 1995 | Sep 05, 1995 | Sep 20, 1995 |
| $0.3700 Q | Regular | May 26, 1995 | Jun 02, 1995 | Jun 08, 1995 | Jun 23, 1995 |
| $0.3700 Q | Regular | - | Feb 16, 1995 | Feb 23, 1995 | Mar 10, 1995 |
| $0.3700 Q | Regular | - | Nov 30, 1994 | Dec 06, 1994 | Dec 21, 1994 |
| $0.3500 Q | Regular | - | Aug 29, 1994 | Sep 02, 1994 | Sep 15, 1994 |
| $0.3500 Q | Regular | - | Jun 02, 1994 | Jun 08, 1994 | Jun 20, 1994 |
| $0.3500 Q | Regular | - | Feb 17, 1994 | Feb 24, 1994 | Mar 10, 1994 |
| $0.3500 Q | Regular | - | Dec 01, 1993 | Dec 07, 1993 | Dec 21, 1993 |
| $0.3000 Q | Regular | - | Aug 27, 1993 | Sep 02, 1993 | Sep 17, 1993 |
| $0.3000 Q | Regular | - | Jun 02, 1993 | Jun 08, 1993 | Jun 18, 1993 |
| $0.3000 Q | Regular | - | Feb 22, 1993 | Feb 26, 1993 | Mar 12, 1993 |
| $0.3000 Q | Regular | - | Dec 01, 1992 | Dec 07, 1992 | Dec 21, 1992 |
| $0.2500 Q | Regular | - | Aug 28, 1992 | Sep 03, 1992 | Sep 16, 1992 |
| $0.2500 Q | Regular | - | May 29, 1992 | Jun 04, 1992 | Jun 18, 1992 |
| $0.2500 Q | Regular | - | Feb 20, 1992 | Feb 26, 1992 | Mar 12, 1992 |
| $0.2500 Q | Regular | - | Dec 02, 1991 | Dec 16, 1991 | Dec 20, 1991 |
| $0.2000 Q | Regular | - | Aug 27, 1991 | Sep 03, 1991 | Sep 16, 1991 |
| $0.2000 Q | Regular | - | May 29, 1991 | Jun 04, 1991 | Jun 18, 1991 |
| $0.2000 Q | Regular | - | Feb 20, 1991 | Feb 26, 1991 | Mar 12, 1991 |
| $0.2000 Q | Regular | Nov 20, 1990 | Dec 03, 1990 | Dec 07, 1990 | Dec 21, 1990 |
| $0.1300 Q | Regular | Jul 26, 1990 | Aug 28, 1990 | Sep 04, 1990 | Sep 17, 1990 |
| $0.1300 Q | Regular | May 21, 1990 | May 30, 1990 | Jun 05, 1990 | Jun 19, 1990 |
| $0.1300 Q | Regular | Jan 23, 1990 | Feb 21, 1990 | Feb 27, 1990 | Mar 13, 1990 |
| $0.1300 Q | Regular | Nov 20, 1989 | Dec 01, 1989 | Dec 07, 1989 | Dec 21, 1989 |
| $0.1000 Q | Regular | Jul 25, 1989 | Aug 28, 1989 | Sep 01, 1989 | Sep 15, 1989 |
| $0.2500 Q | Regular | May 22, 1989 | May 24, 1989 | May 31, 1989 | Jun 14, 1989 |
| $0.2000 Q | Regular | Jan 24, 1989 | Feb 22, 1989 | Feb 28, 1989 | Mar 14, 1989 |
| $0.2000 Q | Regular | Nov 22, 1988 | Dec 01, 1988 | Dec 07, 1988 | Dec 21, 1988 |
| $0.1350 Q | Regular | Jul 26, 1988 | Aug 26, 1988 | Sep 01, 1988 | Sep 15, 1988 |
| $0.1350 Q | Regular | May 24, 1988 | May 31, 1988 | Jun 06, 1988 | Jun 20, 1988 |
| $0.1350 Q | Regular | Jan 27, 1988 | Feb 23, 1988 | Feb 29, 1988 | Mar 14, 1988 |
Peer Comparison
Selected Financial - Credit Services dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| GCSSF | Gecoss Corporation | 4.68% | 3.9% | 2 yrs | 79 |
| MFIN | Medallion Financial Corp. | 4.67% | -13.8% | 3 yrs | 74 |
| RM | Regional Management Corp. | 3.82% | 43.1% | 0 yrs | 73 |
| MIUFY | Mitsubishi HC Capital Inc. | 3.35% | 3.2% | 3 yrs | 72 |
Related Guides & Lists
SLM dividend — frequently asked questions
Does SLM Corporation pay a dividend?
Yes. SLM Corporation (SLM) currently pays a dividend. The annualized dividend is about $0.52 per share, a yield of approximately 2.07%.
What is SLM Corporation's dividend yield?
SLM Corporation's dividend yield is approximately 2.07%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does SLM Corporation pay dividends?
SLM Corporation pays dividends quarterly — 4 times per year.
How long has SLM Corporation paid dividends?
SLM Corporation has 41 years of dividend payments on record.
Data updated Sep 21, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.