Navient declares fourth quarter common stock dividend

Rhea-AI Summary

Navient (Nasdaq: NAVI) has announced a fourth quarter 2022 dividend of $0.16 per share on its common stock, approved by its board of directors. This dividend will be paid on December 16, 2022, to shareholders who are on record by December 2, 2022. The company specializes in technology-enabled education finance and business processing solutions, assisting millions in achieving success across various sectors including education and government.

Positive

• Fourth quarter 2022 dividend of $0.16 per share.
• Dividend payment demonstrates company confidence in financial stability.

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• None.

WILMINGTON, Del., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approved a 2022 fourth quarter dividend of $0.16 per share on the company's common stock.

The fourth quarter 2022 dividend will be paid on December 16, 2022, to shareholders of record at the close of business on December 2, 2022.

About Navient
Navient (Nasdaq: NAVI) provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions of people achieve success. Our customer-focused, data-driven services deliver exceptional results for clients in education, healthcare, and government. Learn more at Navient.com.

Contact:
Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com

Investors: Jen Earyes, 703-984-6801, jen.earyes@navient.com

FAQ

What is the dividend amount declared by Navient for Q4 2022?

Navient declared a dividend of $0.16 per share for the fourth quarter of 2022.

When will Navient pay the Q4 2022 dividend?

The dividend will be paid on December 16, 2022.

What is the record date for Navient's Q4 2022 dividend?

The record date for the dividend is December 2, 2022.

How frequently does Navient declare dividends?

Navient typically declares dividends quarterly.

Is the dividend from Navient sustainable?

The sustainability of Navient's dividend can depend on the company's financial performance and cash flow.