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Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

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Sallie Mae announces 2023 Q4 dividends on Preferred Stock Series B and common stock
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  • Sallie Mae announces a 2023 Q4 dividend of $1.8634019 per share on its Preferred Stock Series B and $0.11 per share on its common stock. Dividends will be paid on Dec. 15, 2023.
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NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2023 fourth-quarter dividend on its Preferred Stock Series B of $1.8634019 per share. The company also announced a 2023 fourth-quarter dividend on its common stock of $0.11 per share.

Both preferred stock and common stock dividends will be paid on Dec. 15, 2023, to the respective stockholders of record at the close of business on Dec. 4, 2023.

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

Media:

Rick Castellano

302.451.2541

Rick.Castellano@SallieMae.com

Investors:

Melissa Bronaugh

571.526.2455

Melissa.Bronaugh@SallieMae.com

Source: Sallie Mae

FAQ

What is the dividend amount announced by Sallie Mae for its Preferred Stock Series B in Q4 2023?

Sallie Mae has announced a dividend of $1.8634019 per share for its Preferred Stock Series B in Q4 2023.

When will the dividends be paid by Sallie Mae?

The dividends announced by Sallie Mae will be paid on Dec. 15, 2023.

What is the dividend amount announced by Sallie Mae for its common stock in Q4 2023?

Sallie Mae has announced a dividend of $0.11 per share for its common stock in Q4 2023.

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