Navient declares second quarter common stock dividend

Rhea-AI Summary

Navient (Nasdaq: NAVI) announced a second-quarter dividend of $0.16 per share, reflecting the company's commitment to returning value to shareholders. The dividend payment will be made on June 17, 2022, to shareholders on record as of June 3, 2022. This announcement highlights Navient's focus on providing technology-enabled education finance and business processing solutions aimed at enhancing customer success.

Positive

• Dividend of $0.16 per share demonstrates financial stability and commitment to shareholders.
• Payment scheduled for June 17, 2022, indicates ongoing cash flow.

Negative

• None.

WILMINGTON, Del., May 19, 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 second quarter dividend of $0.16 per share on the company's common stock.

The second quarter 2022 dividend will be paid on June 17, 2022, to shareholders of record at the close of business on June 3, 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, health care and government. Learn more at Navient.com.

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

Investors: Nathan Rutledge, 703-984-6801, nathan.rutledge@navient.com

FAQ

What is the dividend amount declared by Navient for Q2 2022?

Navient declared a dividend of $0.16 per share for Q2 2022.

When will the Q2 2022 dividend be paid to shareholders of Navient?

The Q2 2022 dividend will be paid on June 17, 2022.

What is the record date for Navient's Q2 2022 dividend?

The record date for Navient's Q2 2022 dividend is June 3, 2022.

How does Navient support its shareholders?

Navient supports its shareholders through consistent dividend payments and a focus on growth in education finance.