GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLM) » Definitions » Dividends per Share

SLM (SLM) Dividends per Share : $0.44 (TTM As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is SLM Dividends per Share?

SLM's dividends per share for the three months ended in Mar. 2024 was $0.11. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.44. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.09. As of today, SLM's Dividend Yield % is 2.01%.

Warning Sign:

SLM Corp stock dividend yield is close to 1-year low.

During the past 3 years, the average Dividends Per Share Growth Rate was 54.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SLM was 54.20% per year. The lowest was -30.40% per year. And the median was 18.60% per year.

For more information regarding to dividend, please check our Dividend Page.


SLM Dividends per Share Historical Data

The historical data trend for SLM's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SLM Dividends per Share Chart

SLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.20 0.44 0.44

SLM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.11 0.11 0.11

Competitive Comparison of SLM's Dividends per Share

For the Credit Services subindustry, SLM's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SLM's Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SLM's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where SLM's Dividend Yield % falls into.



SLM Dividends per Share Calculation

Dividends paid to per common share.


SLM  (NAS:SLM) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SLM's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.11/ 1.27
=0.09

During the past 13 years, the highest Dividend Payout Ratio of SLM was 0.36. The lowest was 0.05. And the median was 0.14.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

SLM Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-03-012024-03-042024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-12-012023-12-042023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-06-012023-06-022023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


SLM's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.44/21.90
=2.01 %

Current Share Price is $21.90.
SLM's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

During the past 13 years, the highest Dividend Yield of SLM was 7.38%. The lowest was 0.29%. And the median was 2.01%.

Warning Sign:

SLM Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SLM Dividends per Share Related Terms

Thank you for viewing the detailed overview of SLM's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SLM (SLM) Business Description

Traded in Other Exchanges
Address
300 Continental Drive, Newark, DE, USA, 19713
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
Executives
Peter M Graham officer: EVP 150 CORPORATE BLVD, NORFOLK VA 23502
Nicolas Jafarieh officer: SVP, General Counsel SLM CORPORATION, 300 CONTINENTAL DRIVE, NEWARK DE 19713
Munish Pahwa officer: Chief Risk Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan Boyles officer: SVP & Controller 300 CONTINENTAL DRIVE., NEWARK DE 19713
Steven Mcgarry officer: Chief Financial Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley director 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Samuel Theron Ramsey director 6612 SAIN MILLING ROAD, VALE NC 28168
Robert S. Strong director 300 CONTINENTAL DR., NEWARK DE 19713
Ted Manvitz director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Franke Mary Carter Warren director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Kerri A. Palmer officer: EVP & Chief Risk and Comp Off 300 CONTINENTAL DRIVE, NEWARK DE 19713
Paul F Thome officer: EVP & Chief Admin Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Daniel P Kennedy officer: SVP, Chief Operational Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan W. Witter director, officer: CEO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Earl A Goode director 300 CONTINENTAL DRIVE, NEWARKD DE 19713