Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
Sallie Mae (Nasdaq: SLM) announced a second-quarter dividend for 2021, declaring $0.03 per share for its common stock and $0.4828722 per share for its Preferred Stock Series B. Both dividends will be paid on June 15, 2021, to shareholders of record by June 4, 2021. This move reflects the company’s ongoing commitment to returning value to its investors while reinforcing its position as a leader in private student lending.
- Common stock dividend of $0.03 per share enhances shareholder income.
- Preferred stock dividend of $0.4828722 per share indicates confidence in financial stability.
- None.
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2021 second-quarter dividend on its Preferred Stock Series B of
Both common stock and preferred stock dividends will be paid on June 15, 2021, to the respective stockholders of record at the close of business on June 4, 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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