SLM (SLM) Raises Quarterly Dividend 266.7% to $0.11; 2.5% Yield

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Sallie Mae Increases Dividend on Common Stock, Declares Dividends on Preferred Stock Series B

October 20, 2021 4:47 PM EDT

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced an increase to its 2021 fourth-quarter dividend on its common stock from $0.03 to $0.11 per share. The company also announced a 2021 fourth-quarter dividend on its Preferred Stock Series B of $0.45955 per... More