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

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

January 23, 2019 4:30 PM EST

Fourth-Quarter GAAP Net Income Attributable to Common Stock of $143 Million ($0.33 Per Diluted Share); Full-Year GAAP Net Income Attributable to Common Stock of $472 Million ($1.07 Per Diluted Share)

Fourth-Quarter Core Earnings Attributable to Common Stock Increased 66 Percent over the Prior-Year Period (Excluding the 2017 Impact of the Tax Act)

Company Declares First-Quarter 2019 Common Stock Dividend and Announces New Share Repurchase Program

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2018 financial... More