Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
Sallie Mae (Nasdaq: SLM) announced a first-quarter dividend for 2021 of $0.4798125 per share on its Preferred Stock Series B and $0.03 for common stock. Both dividends will be payable on March 15, 2021, to stockholders of record by March 5, 2021. The company emphasizes its commitment to education and lifelong learning, providing private student lending to support access to college and beyond. This dividend declaration reflects the company's ongoing commitment to shareholder returns and its confidence in its financial stability.
- First-quarter dividend of $0.4798125 on Preferred Stock Series B indicates financial stability.
- Common stock dividend of $0.03 shows commitment to shareholder returns.
- None.
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2021 first-quarter dividend on its Preferred Stock Series B of
Both common stock and preferred stock dividends will be paid on March 15, 2021, to the respective stockholders of record at the close of business on March 5, 2021.
Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Category: Corporate and Financial
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