Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
Sallie Mae (Nasdaq: SLM) has declared a fourth quarter dividend for 2020 of $0.4896937 per share on its Preferred Stock Series B and $0.03 per share on its common stock. Both dividends will be payable on December 15, 2020, to stockholders of record as of December 4, 2020. Sallie Mae continues to lead in private student lending, promoting access to education and lifelong learning opportunities.
- Fourth quarter dividend declared for Preferred Stock Series B: $0.4896937 per share.
- Fourth quarter dividend declared for common stock: $0.03 per share.
- Dividends show continued commitment to shareholder value.
- None.
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2020 fourth quarter dividend on its Preferred Stock Series B of
Both common stock and preferred stock dividends will be paid on Dec. 15, 2020, to the respective stockholders of record at the close of business on Dec. 4, 2020.
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
