SLMBP SLM Corporation — dividend yield, history & ex-dividend dates
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
Key Metrics
Current Yield
7.75%
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
$5.7572
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
54.2
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)
47
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
$72.00 – $76.34
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
21
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
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
SLMBP's dividend yield rose from 7.61% to 7.75% over the past ~90 days (+0.14 pp). Of that move, +0.07 pp came from changes in the dividend rate and +0.07 pp from the share price ($75.00 on Jun 23, 2026 → $74.30 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
Across 274 daily observations over the past 13 months (through Sep 18, 2026), SLMBP's current yield is higher than approximately 55% of them. Our stored price history for SLMBP 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 |
|---|---|---|---|---|---|
| $1.4393 Q | Regular | Jul 22, 2026 | Sep 04, 2026 | Sep 04, 2026 | Sep 15, 2026 |
| $1.4269 Q | Regular | Apr 22, 2026 | Jun 04, 2026 | Jun 04, 2026 | Jun 15, 2026 |
| $1.4327 Q | Regular | Jan 21, 2026 | Mar 05, 2026 | Mar 05, 2026 | Mar 16, 2026 |
| $1.5122 Q | Regular | Oct 22, 2025 | Dec 04, 2025 | Dec 04, 2025 | Dec 15, 2025 |
| $1.5853 Q | Regular | Jul 23, 2025 | Sep 04, 2025 | Sep 04, 2025 | Sep 15, 2025 |
| $1.5815 Q | Regular | Apr 23, 2025 | Jun 05, 2025 | Jun 05, 2025 | Jun 16, 2025 |
| $1.5951 Q | Regular | Jan 22, 2025 | Mar 05, 2025 | Mar 05, 2025 | Mar 17, 2025 |
| $1.7449 Q | Regular | Oct 22, 2024 | Dec 05, 2024 | Dec 05, 2024 | Dec 16, 2024 |
| $1.8467 Q | Regular | Jul 23, 2024 | Sep 05, 2024 | Sep 05, 2024 | Sep 16, 2024 |
| $1.9038 Q | Regular | Apr 22, 2024 | Jun 06, 2024 | Jun 06, 2024 | Jun 17, 2024 |
| $1.8552 Q | Regular | Jan 23, 2024 | Mar 01, 2024 | Mar 04, 2024 | Mar 15, 2024 |
| $1.8634 Q | Regular | Oct 24, 2023 | Dec 01, 2023 | Dec 04, 2023 | Dec 15, 2023 |
| $1.8421 Q | Regular | Jul 25, 2023 | Aug 31, 2023 | Sep 01, 2023 | Sep 15, 2023 |
| $1.6971 Q | Regular | Apr 25, 2023 | Jun 01, 2023 | Jun 02, 2023 | Jun 15, 2023 |
| $1.6091 Q | Regular | Jan 24, 2023 | Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 |
| $1.3100 Q | Regular | Oct 25, 2022 | Dec 01, 2022 | Dec 02, 2022 | Dec 15, 2022 |
| $0.9460 Q | Regular | Jul 26, 2022 | Sep 01, 2022 | Sep 02, 2022 | Sep 15, 2022 |
| $0.6610 Q | Regular | Apr 25, 2022 | Jun 02, 2022 | Jun 03, 2022 | Jun 15, 2022 |
| $0.4780 Q | Regular | Jan 25, 2022 | Mar 03, 2022 | Mar 04, 2022 | Mar 15, 2022 |
| $0.4600 Q | Regular | Oct 20, 2021 | Dec 02, 2021 | Dec 03, 2021 | Dec 15, 2021 |
| $0.4650 Q | Regular | Jul 29, 2021 | Sep 02, 2021 | Sep 03, 2021 | Sep 15, 2021 |
| $0.4830 Q | Regular | Apr 29, 2021 | Jun 03, 2021 | Jun 04, 2021 | Jun 15, 2021 |
| $0.4800 Q | Regular | Jan 26, 2021 | Mar 04, 2021 | Mar 05, 2021 | Mar 15, 2021 |
| $0.4900 Q | Regular | Nov 19, 2020 | Dec 03, 2020 | Dec 04, 2020 | Dec 15, 2020 |
| $0.5160 Q | Regular | Jun 18, 2020 | Sep 03, 2020 | Sep 04, 2020 | Sep 15, 2020 |
| $0.6430 Q | Regular | Apr 30, 2020 | Jun 04, 2020 | Jun 05, 2020 | Jun 15, 2020 |
| $0.9100 Q | Regular | Jan 30, 2020 | Mar 05, 2020 | Mar 06, 2020 | Mar 16, 2020 |
| $0.9710 Q | Regular | Nov 07, 2019 | Dec 05, 2019 | Dec 06, 2019 | Dec 16, 2019 |
| $1.0370 Q | Regular | Jun 20, 2019 | Sep 05, 2019 | Sep 06, 2019 | Sep 16, 2019 |
| $1.1270 Q | Regular | Apr 25, 2019 | Jun 06, 2019 | Jun 07, 2019 | Jun 17, 2019 |
| $1.1000 Q | Regular | Jan 22, 2019 | Mar 04, 2019 | Mar 05, 2019 | Mar 15, 2019 |
| $1.0200 Q | Regular | Nov 16, 2018 | Dec 06, 2018 | Dec 07, 2018 | Dec 17, 2018 |
| $1.0540 Q | Regular | Jun 21, 2018 | Sep 06, 2018 | Sep 07, 2018 | Sep 17, 2018 |
| $0.9830 Q | Regular | Apr 26, 2018 | Jun 04, 2018 | Jun 05, 2018 | Jun 15, 2018 |
| $0.8250 Q | Regular | Feb 22, 2018 | Mar 02, 2018 | Mar 05, 2018 | Mar 15, 2018 |
| $0.7640 Q | Regular | Oct 26, 2017 | Dec 04, 2017 | Dec 05, 2017 | Dec 15, 2017 |
| $0.7540 Q | Regular | Jun 22, 2017 | Aug 30, 2017 | Sep 01, 2017 | Sep 15, 2017 |
| $0.7250 Q | Regular | Apr 27, 2017 | Jun 01, 2017 | Jun 05, 2017 | Jun 15, 2017 |
| $0.6680 Q | Regular | Feb 23, 2017 | Mar 01, 2017 | Mar 05, 2017 | Mar 15, 2017 |
| $0.6460 Q | Regular | Oct 27, 2016 | Dec 01, 2016 | Dec 05, 2016 | Dec 15, 2016 |
| $0.6020 Q | Regular | Jul 28, 2016 | Aug 31, 2016 | Sep 02, 2016 | Sep 15, 2016 |
| $0.5980 Q | Regular | Apr 28, 2016 | Jun 01, 2016 | Jun 03, 2016 | Jun 15, 2016 |
| $0.5610 Q | Regular | Feb 23, 2016 | Mar 02, 2016 | Mar 05, 2016 | Mar 15, 2016 |
| $0.5150 Q | Regular | Nov 24, 2015 | Dec 02, 2015 | Dec 04, 2015 | Dec 15, 2015 |
| $0.5080 Q | Regular | - | Sep 02, 2015 | - | - |
| $0.4980 Q | Regular | - | Jun 03, 2015 | - | - |
| $0.4910 Q | Regular | - | Mar 04, 2015 | - | - |
| $0.4890 Q | Regular | - | Dec 03, 2014 | - | - |
| $0.4880 Q | Regular | - | Sep 03, 2014 | - | - |
| $0.4890 Q | Regular | - | Jun 04, 2014 | - | - |
| $0.4910 Q | Regular | - | Mar 05, 2014 | - | - |
| $0.4940 Q | Regular | - | Dec 04, 2013 | - | - |
| $0.4990 Q | Regular | - | Sep 04, 2013 | - | - |
| $0.5170 Q | Regular | - | Jun 05, 2013 | - | - |
| $0.4910 Q | Regular | - | Mar 01, 2013 | - | - |
| $0.5270 Q | Regular | - | Dec 05, 2012 | - | - |
| $0.5660 Q | Regular | - | Sep 05, 2012 | - | - |
| $0.5550 Q | Regular | - | Jun 01, 2012 | - | - |
| $0.5700 Q | Regular | - | Mar 01, 2012 | - | - |
| $0.5180 Q | Regular | - | Dec 01, 2011 | - | - |
| $0.4970 Q | Regular | - | Aug 31, 2011 | - | - |
| $0.2580 Q | Regular | - | Jun 01, 2011 | - | - |
| $0.2500 Q | Regular | - | Mar 02, 2011 | - | - |
| $0.2510 Q | Regular | - | Dec 01, 2010 | - | - |
| $0.3160 Q | Regular | - | Sep 01, 2010 | - | - |
| $0.2450 Q | Regular | - | Jun 02, 2010 | - | - |
| $0.2380 Q | Regular | - | Mar 03, 2010 | - | - |
| $0.2520 Q | Regular | - | Dec 02, 2009 | - | - |
| $0.3380 Q | Regular | - | Sep 02, 2009 | - | - |
| $0.5100 Q | Regular | - | Jun 03, 2009 | - | - |
| $0.6630 Q | Regular | - | Mar 04, 2009 | - | - |
| $0.8890 Q | Regular | - | Dec 03, 2008 | - | - |
| $0.8880 Q | Regular | - | Sep 03, 2008 | - | - |
| $0.8760 Q | Regular | - | Jun 04, 2008 | - | - |
| $1.4320 Q | Regular | - | Mar 05, 2008 | - | - |
| $1.6040 Q | Regular | - | Dec 05, 2007 | - | - |
| $1.5820 Q | Regular | - | Sep 05, 2007 | - | - |
| $1.5460 Q | Regular | - | Jun 01, 2007 | - | - |
| $1.5150 Q | Regular | - | Mar 01, 2007 | - | - |
| $1.5390 Q | Regular | - | Dec 01, 2006 | - | - |
| $1.5440 Q | Regular | - | Aug 31, 2006 | - | - |
| $1.4350 Q | Regular | - | Jun 01, 2006 | - | - |
| $1.2980 Q | Regular | - | Mar 01, 2006 | - | - |
| $1.1560 Q | Regular | - | Nov 30, 2005 | - | - |
| $1.1190 Q | Regular | - | Aug 31, 2005 | - | - |
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
SLMBP dividend — frequently asked questions
Does SLM Corporation pay a dividend?
Yes. SLM Corporation (SLMBP) currently pays a dividend. The annualized dividend is about $5.76 per share, a yield of approximately 7.75%.
What is SLM Corporation's dividend yield?
SLM Corporation's dividend yield is approximately 7.75%, 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 21 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.