SLM (NASDAQ: SLM) declared a quarterly dividend of $0.11 per share, or $0.44 annualized. This is a 266.7% increase from the prior dividend of $0.03.

The dividend will be payable on December 15, 2021, to stockholders of record on December 3, 2021, with an ex-dividend date of December 2, 2021.

The annual yield on the dividend is 2.5 percent.

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