Sallie Mae Reports Fourth-Quarter and Full-Year 2018 Financial Results

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Sallie Mae (SLM) Initiates, Declares $0.03 Quarterly Dividend; $200M Stock Buyback

January 23, 2019 4:51 PM EST

Sallie Mae (NASDAQ: SLM) initiated and declared a quarterly dividend of $0.03 per share, or $0.12 annualized. The dividend will be payable on March 15, 2019, to stockholders of record on March 5, 2019, with an ex-dividend date of March 4, 2019. The annual yield on the dividend is 1.3 percent.

The... More

Sallie Mae (SLM) Tops Q4 EPS by 4c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus

January 23, 2019 4:32 PM EST

Sallie Mae (NASDAQ: SLM) reported Q4 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $487 million versus the consensus estimate of $370.44 million.

Last year, nearly 374,000 students and families trusted Sallie Mae to help them achieve the... More