SLM Corporation (SLM) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, SLM's comes in at 6.3 -- better than 95.57% of other US-listed dividend issuers.
- In terms of debt burden relative to earnings, SLM has an EBITDA to net debt ratio of 1,530,010,000, ranking above 97.07% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- SLM is producing more trailing twelve month cash flow than 5.41% of US dividend stocks.
- As for stocks whose price is uncorrelated with SLM's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MELI, STAF, SNX, MEOH and UVE.
SLM Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $27.79 | $4.65 | -75.05% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of SLM, the dividend discount model StockNews created for the company implies a negative return of 75.05%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for SLM Corp are:
- Regarding its relative worth based on the dividend discount model, SLM's provides a return of -75.05% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 15.67% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for SLM, approximately merely 14.92% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, SLM Corp has an equity discount rate lower than merely 15.34% of them.
SLM Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-05 | Dividend | $0.13 | +18.18% |
| 2024-09-05 | Dividend | $0.11 | -- |
| 2024-06-06 | Dividend | $0.11 | -- |
| 2024-06-05 | Dividend | $0.11 | -- |
| 2024-03-01 | Dividend | $0.11 | -- |
| 2023-12-01 | Dividend | $0.11 | -- |
| 2023-08-31 | Dividend | $0.11 | -- |
| 2023-06-01 | Dividend | $0.11 | -- |
| 2023-03-02 | Dividend | $0.11 | -- |
| 2022-12-01 | Dividend | $0.11 | -- |
| 2022-09-01 | Dividend | $0.11 | -- |
| 2022-06-02 | Dividend | $0.11 | -- |
| 2022-03-03 | Dividend | $0.11 | -- |
| 2021-12-02 | Dividend | $0.11 | +266.67% |
| 2021-09-02 | Dividend | $0.03 | -- |
| 2021-06-03 | Dividend | $0.03 | -- |
| 2021-03-04 | Dividend | $0.03 | -- |
| 2020-12-03 | Dividend | $0.03 | -- |
| 2020-09-03 | Dividend | $0.03 | -- |
| 2020-06-04 | Dividend | $0.03 | -- |
| 2020-03-05 | Dividend | $0.03 | -- |
| 2019-12-05 | Dividend | $0.03 | -- |
| 2019-09-05 | Dividend | $0.03 | -- |
| 2019-06-06 | Dividend | $0.03 | -- |
| 2019-03-04 | Dividend | $0.03 | +180.00% |
| 2014-05-01 | Split | 14-5-for-1 Stock Split | N/A |
| 2014-03-05 | Dividend | $0.15 | -- |
| 2013-12-04 | Dividend | $0.15 | -- |
| 2013-09-04 | Dividend | $0.15 | -- |
| 2013-06-05 | Dividend | $0.15 | -- |
| 2013-02-27 | Dividend | $0.15 | +20.00% |
| 2012-12-05 | Dividend | $0.13 | -- |
| 2012-09-05 | Dividend | $0.13 | -- |
| 2012-05-30 | Dividend | $0.13 | -- |
| 2012-02-29 | Dividend | $0.13 | +25.00% |
| 2011-11-30 | Dividend | $0.10 | -- |
| 2011-08-31 | Dividend | $0.10 | -- |
| 2011-06-01 | Dividend | $0.10 | -60.00% |
| 2007-02-28 | Dividend | $0.25 | -- |
| 2006-11-29 | Dividend | $0.25 | -- |
| 2006-08-30 | Dividend | $0.25 | -- |
| 2006-05-31 | Dividend | $0.25 | +13.64% |
| 2006-03-01 | Dividend | $0.22 | -- |
| 2005-11-30 | Dividend | $0.22 | -- |
| 2005-08-31 | Dividend | $0.22 | -- |
| 2005-06-01 | Dividend | $0.22 | +15.79% |
| 2005-03-02 | Dividend | $0.19 | -- |
| 2004-12-01 | Dividend | $0.19 | -- |
| 2004-09-01 | Dividend | $0.19 | -- |
| 2004-06-02 | Dividend | $0.19 | +11.76% |
| 2004-03-03 | Dividend | $0.17 | -- |
| 2003-12-03 | Dividend | $0.17 | -- |
| 2003-09-03 | Dividend | $0.17 | -- |
| 2003-06-23 | Split | 3-1-for-1 Stock Split | N/A |
| 2003-06-04 | Dividend | $0.51 | +104.00% |
| 2003-03-05 | Dividend | $0.25 | -- |
| 2002-12-04 | Dividend | $0.25 | +25.00% |
| 2002-09-04 | Dividend | $0.20 | -- |
| 2002-06-05 | Dividend | $0.20 | -- |
| 2002-02-27 | Dividend | $0.20 | -- |
| 2001-12-04 | Dividend | $0.20 | +14.29% |
| 2001-09-05 | Dividend | $0.18 | -- |
| 2001-05-30 | Dividend | $0.18 | -- |
| 2001-02-28 | Dividend | $0.18 | -- |
| 2000-11-29 | Dividend | $0.18 | +9.37% |
| 2000-08-30 | Dividend | $0.16 | -- |
| 2000-05-31 | Dividend | $0.16 | -- |
| 2000-03-01 | Dividend | $0.16 | -- |
| 1999-12-01 | Dividend | $0.16 | +6.67% |
| 1999-09-01 | Dividend | $0.15 | -- |
| 1999-06-02 | Dividend | $0.15 | -- |
| 1999-02-24 | Dividend | $0.15 | -- |
| 1998-12-02 | Dividend | $0.15 | +7.14% |
| 1998-09-02 | Dividend | $0.14 | -- |
| 1998-06-03 | Dividend | $0.14 | -- |
| 1998-02-25 | Dividend | $0.14 | +100.00% |
| 1998-01-05 | Split | 7-2-for-1 Stock Split | N/A |
| 1997-12-03 | Dividend | $0.49 | +11.36% |
| 1997-09-03 | Dividend | $0.44 | -- |
| 1997-06-04 | Dividend | $0.44 | -- |
| 1997-02-24 | Dividend | $0.44 | -- |
| 1996-12-03 | Dividend | $0.44 | +10.00% |
| 1996-09-03 | Dividend | $0.40 | -- |
| 1996-06-04 | Dividend | $0.40 | -- |
| 1996-02-22 | Dividend | $0.40 | -- |
| 1995-12-04 | Dividend | $0.40 | +8.11% |
| 1995-08-31 | Dividend | $0.37 | -- |
| 1995-06-02 | Dividend | $0.37 | -- |
| 1995-02-16 | Dividend | $0.37 | -- |
| 1994-11-30 | Dividend | $0.37 | +5.71% |
| 1994-08-29 | Dividend | $0.35 | -- |
| 1994-06-02 | Dividend | $0.35 | -- |
| 1994-02-17 | Dividend | $0.35 | -- |
| 1993-12-01 | Dividend | $0.35 | +16.67% |
| 1993-08-27 | Dividend | $0.30 | +950.05% |
| 1993-06-02 | Dividend | $0.03 | -- |
| 1993-02-22 | Dividend | $0.03 | -- |
| 1992-12-01 | Dividend | $0.03 | +19.99% |
| 1992-08-28 | Dividend | $0.02 | -- |
| 1992-05-29 | Dividend | $0.02 | -- |
| 1992-02-20 | Dividend | $0.02 | -- |
| 1991-12-02 | Dividend | $0.02 | +24.99% |
| 1991-08-27 | Dividend | $0.02 | -- |
| 1991-05-29 | Dividend | $0.02 | -- |
| 1991-02-20 | Dividend | $0.02 | -- |
| 1990-12-03 | Dividend | $0.02 | +53.88% |
| 1990-08-28 | Dividend | $0.01 | -- |
| 1990-05-30 | Dividend | $0.01 | -- |
| 1990-02-21 | Dividend | $0.01 | -- |
| 1989-12-01 | Dividend | $0.01 | +30.04% |
| 1989-08-28 | Dividend | $0.01 | +400.00% |
| 1989-07-03 | Split | 5-2-for-1 Stock Split | N/A |
| 1989-05-24 | Dividend | $0.01 | +24.93% |
| 1989-02-22 | Dividend | $0.01 | -- |
| 1988-12-01 | Dividend | $0.01 | +48.25% |
| 1988-08-26 | Dividend | $0.01 | -- |
| 1988-05-31 | Dividend | $0.01 | -- |
| 1988-02-23 | Dividend | $0.01 | -- |
SLM Dividends vs. Peers
SLM's dividend yield currently ranks #21 of 66 vs. its peers in the Consumer Financial Services category.
Looking for More Information on SLM dividends?
Want to see what other sources are saying about SLM Corp's dividends? Try the links below:SLM Corp Common Stock (SLM) Dividend History | Nasdaq
Dividend History for SLM Corp (SLM) - Dividend Investor
SLM Corp (SLM) Dividend History - Seeking Alpha