STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.44
Forward Annual Dividend Rate
$0.44
Yield
Trailing Annual Dividend Yield
2.08%
Forward Annual Dividend Yield
1.92%
Dividend Date
Dividend Date
Dec 15, 2025
Ex-dividend Date
Dec 04, 2025
1.77 %
16.73
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 22, 2025 | 0.13 | Dec 04, 2025 | Dec 04, 2025 | Dec 15, 2025 |
| Jul 23, 2025 | 0.13 | Sep 04, 2025 | Sep 04, 2025 | Sep 15, 2025 |
| Apr 23, 2025 | 0.13 | Jun 05, 2025 | Jun 05, 2025 | Jun 16, 2025 |
| Jan 22, 2025 | 0.13 | Mar 05, 2025 | Mar 05, 2025 | Mar 17, 2025 |
| Oct 22, 2024 | 0.13 | Dec 05, 2024 | Dec 05, 2024 | Dec 16, 2024 |
| Jul 23, 2024 | 0.11 | Sep 05, 2024 | Sep 05, 2024 | Sep 16, 2024 |
| Apr 22, 2024 | 0.11 | Jun 06, 2024 | Jun 06, 2024 | Jun 17, 2024 |
| Jan 23, 2024 | 0.11 | Mar 01, 2024 | Mar 04, 2024 | Mar 15, 2024 |
| Oct 24, 2023 | 0.11 | Dec 01, 2023 | Dec 04, 2023 | Dec 15, 2023 |
| Jul 25, 2023 | 0.11 | Aug 31, 2023 | Sep 01, 2023 | Sep 15, 2023 |
| Apr 25, 2023 | 0.11 | Jun 01, 2023 | Jun 02, 2023 | Jun 15, 2023 |
| Jan 24, 2023 | 0.11 | Mar 02, 2023 | Mar 03, 2023 | Mar 15, 2023 |
| Oct 25, 2022 | 0.11 | Dec 01, 2022 | Dec 02, 2022 | Dec 15, 2022 |
| Jul 26, 2022 | 0.11 | Sep 01, 2022 | Sep 02, 2022 | Sep 15, 2022 |
| Apr 25, 2022 | 0.11 | Jun 02, 2022 | Jun 03, 2022 | Jun 15, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| May 01, 2014 | 2798:1000 | -0.11% | +0.22% |
| Jun 23, 2003 | 3:1 | -1.58% | +1.13% |
| Jan 05, 1998 | 7:2 | 0 | +0.21% |
| Jul 03, 1989 | 5:2 | -1.45% | 0 |
| Sep 29, 1983 | 34:1 | +9.71% | -4.02% |
Frequently Asked Questions
Is SLM Corporation (SLM) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. SLM Corporation is also among the companies that regularly pay dividends.
What is SLM's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. SLM's annual dividend yield for the trailing 12 months is 2.08.
When did SLM last pay a dividend?
SLM last paid dividends on 2025-12-15, with the ex-dividend date being 2025-12-04.
When was the last time SLM stock split?
SLM stock split took place on 01-05-2014.
How did SLM's stock split work?
Its last split took place on May 1, 2014, when SLM Corporation went through a 2798:1000 split leaving the shareholder with 2798 share(s) who previously owned 1000 SLM share(s).