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SLMBP SLM Corporation — dividend yield, history & ex-dividend dates

NASDAQ· Quarterly dividend· Common Stock · Financial Services / Financial - Credit Services

$74.30 ▲ $0.02(0.03%) 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

StatusRecently Increased
Last Dividend$1.4393Paid Sep 15, 2026
Forward Annual$5.76From the $1.4393 dividend declared Jul 22, 2026
FrequencyQuarterly
Last Ex-DateSep 04, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth-14.6%Annual totals, 2024–2025
10-Yr Growth12.0%Annual totals, 2015–2025

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

S.A.F.E. is our quick durability read on a dividend: the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 54/100, yield 7.75%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
21 years of dividend payments on record.

Quote & Key Data

ExchangeNASDAQThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume1,010Sep 18, 2026 sessionHow many shares changed hands in the latest session, a rough read on trading activity.
Open$74.34Sep 18, 2026 sessionThe price at the start of the latest trading session.
Day Range$74.30 – $74.54Sep 18, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$74.28Close of Sep 17, 2026The closing price from the previous trading session.
Market Cap$6.66BAs of Sep 21, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out89.67MImplied 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)22.7%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)19.6%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 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)

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

Current7.75%
1-Yr Average7.84%
Low / High7.58% – 8.46%
Percentile55%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.

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