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

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

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