Navient declares third quarter common stock dividend

Rhea-AI Summary

Navient (Nasdaq: NAVI) announced a third quarter dividend of $0.16 per share on August 7, 2020. This dividend will be payable on September 18, 2020, to shareholders of record as of September 4, 2020.

As a leader in education loan management and business processing solutions, Navient continues to support clients in education, healthcare, and government sectors.

Positive

• Third quarter dividend of $0.16 per share indicates ongoing shareholder returns.

Negative

• None.

WILMINGTON, Del., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2020 third quarter dividend of $0.16 per share on the company's common stock.

The third quarter 2020 dividend will be paid on September 18, 2020, to shareholders of record at the close of business on September 4, 2020.

About Navient
Navient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. We help our clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com.

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

Investors: Joe Fisher, 302-283-4075, joe.fisher@navient.com
Nathan Rutledge, 703-984-6801, nathan.rutledge@navient.com

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FAQ

What is the dividend amount for Navient in Q3 2020?

Navient announced a dividend of $0.16 per share for Q3 2020.

When will the Q3 2020 dividend be paid by Navient?

The Q3 2020 dividend will be paid on September 18, 2020.

Who is eligible for the Q3 2020 dividend from Navient?

Shareholders of record at the close of business on September 4, 2020, are eligible.