Sallie Mae (SLM) Declares $0.125 Quarterly Dividend; 3.6% Yield

Sallie Mae (NASDAQ: SLM) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on June 15, 2012, to stockholders of record on June 1, 2012, with an ex-dividend date of May 30, 2012.

The annual yield on the dividend is 3.6 percent.

For a dividend history and other dividend-related data on SLM (SLM) click here.

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