How much dividend does SLM pay?
Over the past 12 months, SLM paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 2.09 %. For the coming 12 months, SLM is expected to pay a dividend of 0.54 USD.
SLM Dividend 2024
SLM Dividend
0.44 USD
SLM Dividend yield
2.09 %
Ticker
SLM
ISIN
US78442P1066
WKN
932543
How much dividend does SLM 2024 pay?
According to the latest status from August 2024, SLM paid a total of 0.44 USD per share in dividends within the last 12 months. With the current SLM price of 21.05 USD, this corresponds to a dividend yield of 2.09 %. A dividend is paid times per year.
| 2.09 % Dividend Yield | = |
|
Historical SLM Dividends
A dividend is paid times per year. Last year, the payout months were January, April, July and October.
| Paydate | Dividend |
|---|---|
| 10/5/2024 | 0.11 |
| 7/6/2024 | 0.11 |
| 4/1/2024 | 0.11 |
| 1/1/2024 | 0.11 |
| 10/1/2023 | 0.11 |
| 7/1/2023 | 0.11 |
| 4/2/2023 | 0.11 |
| 1/1/2023 | 0.11 |
| 10/1/2022 | 0.11 |
| 7/2/2022 | 0.11 |
| 4/3/2022 | 0.11 |
| 1/2/2022 | 0.11 |
| 10/2/2021 | 0.03 |
| 7/3/2021 | 0.03 |
| 4/4/2021 | 0.03 |
| 1/3/2021 | 0.03 |
| 10/3/2020 | 0.03 |
| 7/4/2020 | 0.03 |
| 4/5/2020 | 0.03 |
| 1/5/2020 | 0.03 |
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SLM dividend history and estimates US78442P1066 · 932543
In 2023, SLM paid a dividend amounting to 0.44 USD. Dividend means that SLM distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for SLM provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify SLM’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating SLM's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
SLM Dividend History
| Date | SLM Dividend |
|---|---|
| 2026e | 0.54 undefined |
| 2025e | 0.54 undefined |
| 2024e | 0.54 undefined |
| 2023 | 0.44 undefined |
| 2022 | 0.44 undefined |
| 2021 | 0.2 undefined |
| 2020 | 0.12 undefined |
| 2019 | 0.12 undefined |
| 2014 | 0.15 undefined |
| 2013 | 0.6 undefined |
| 2012 | 0.5 undefined |
| 2011 | 0.3 undefined |
| 2007 | 0.25 undefined |
| 2006 | 0.97 undefined |
| 2005 | 0.85 undefined |
| 2004 | 0.74 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.74 USD | 0 USD |
| 2005 | 0.85 USD | 0 USD |
| 2006 | 0.97 USD | 0 USD |
| 2007 | 0.25 USD | 0 USD |
| 2008 | 0 USD | 0 USD |
| 2009 | 0 USD | 0 USD |
| 2010 | 0 USD | 0 USD |
| 2011 | 0.3 USD | 0 USD |
| 2012 | 0.5 USD | 0 USD |
| 2013 | 0.6 USD | 0 USD |
| 2014 | 0.15 USD | 0 USD |
| 2015 | 0 USD | 0 USD |
| 2016 | 0 USD | 0 USD |
| 2017 | 0 USD | 0 USD |
| 2018 | 0 USD | 0 USD |
| 2019 | 0.12 USD | 0 USD |
| 2020 | 0.12 USD | 0 USD |
| 2021 | 0.2 USD | 0 USD |
| 2022 | 0.44 USD | 0 USD |
| 2023 | 0.44 USD | 0 USD |
| 2024e | 0 USD | 0.54 USD |
| 2025e | 0 USD | 0.54 USD |
| 2026e | 0 USD | 0.54 USD |
Is the SLM Dividend Safe?
SLM has been increasing the dividend for 3 years.
Over the past 10 years, SLM has increased it by an annual -3.054 %.
Over a five-year period, the distribution increased by 0%.
Analysts expect a Dividend Increase of 10.842% for the current fiscal year.
SLM dividend payout ratio US78442P1066 · 932543
In 2023, SLM had a payout ratio of 11.96%. The payout ratio indicates the percentage of the company's profits that SLM distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for SLM represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for SLM could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate SLM's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
SLM Payout Ratio History
| Date | SLM Payout ratio |
|---|---|
| 2026e | 14.39 % |
| 2025e | 17.05 % |
| 2024e | 14.17 % |
| 2023 | 11.96 % |
| 2022 | 25.01 % |
| 2021 | 5.54 % |
| 2020 | 5.33 % |
| 2019 | 9.23 % |
| 2018 | 11.96 % |
| 2017 | 11.96 % |
| 2016 | 11.96 % |
| 2015 | 11.96 % |
| 2014 | 35.71 % |
| 2013 | 103.45 % |
| 2012 | 111.11 % |
| 2011 | 25.64 % |
| 2010 | 11.96 % |
| 2009 | 11.96 % |
| 2008 | 11.96 % |
| 2007 | -10.96 % |
| 2006 | 39.11 % |
| 2005 | 28.81 % |
| 2004 | 18.55 % |
| Payout ratio | |
|---|---|
| 2004 | 18.55 % |
| 2005 | 28.81 % |
| 2006 | 39.11 % |
| 2007 | -10.96 % |
| 2008 | 11.96 % |
| 2009 | 11.96 % |
| 2010 | 11.96 % |
| 2011 | 25.64 % |
| 2012 | 111.11 % |
| 2013 | 103.45 % |
| 2014 | 35.71 % |
| 2015 | 11.96 % |
| 2016 | 11.96 % |
| 2017 | 11.96 % |
| 2018 | 11.96 % |
| 2019 | 9.23 % |
| 2020 | 5.33 % |
| 2021 | 5.54 % |
| 2022 | 25.01 % |
| 2023 | 11.96 % |
| 2024e | 14.17 % |
| 2025e | 17.05 % |
| 2026e | 14.39 % |
Dividend Details
Understanding SLM's Dividend Distributions
SLM’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining SLM's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
SLM's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in SLM’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
SLM Aktienanalyse
What does SLM do?
The company SLM Corp, also known as Sallie Mae, is one of the largest providers of student loans in the US. It was founded in 1972 as a government agency before being converted into a private company in 2004. It is currently listed on the NASDAQ stock exchange and employs several thousand employees. SLM Corp's business model is focused on supporting students in financing their education. The company acts as a lender and offers various types of student loans, ranging from loans for bachelor's and master's degrees to private loans for student living expenses. The offerings of SLM Corp can be divided into four main areas: 1. Private student loans: These are loans directly provided by the company to students. Sallie Mae offers various disbursement options, allowing students to receive the money in monthly installments or as a lump sum, depending on their needs. The loan amounts can be up to a total of $200,000. 2. Federal student loans: These are government-guaranteed loans financed by the federal government. Sallie Mae acts as a service provider and handles the loan processing. 3. Consolidation of student loans: Repaying student loans after graduation can be a financial burden for many students. Sallie Mae offers the option to consolidate multiple loans into a single loan, reducing the monthly repayment rate. 4. Education savings: SLM Corp also offers various investment products to help parents or other individuals save money for their children's future tuition fees. These products include 529 plans or education savings accounts. In recent years, SLM Corp has expanded into other areas. In 2014, the company founded Navient Corporation, a service company specializing in loan management. With Navient, SLM Corp aims to attract customers in other credit areas and position itself as a comprehensive financial services provider. In addition to lending, SLM Corp also operates its own foundation, the "Sallie Mae Fund". This foundation primarily supports education initiatives in the US and has provided millions of dollars in funding for scholarships and support programs for students over the years. SLM is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about SLM stock
What is the dividend yield of SLM?
The current dividend yield of SLM is 2.09 %.
When does SLM pay dividends?
SLM pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of SLM?
SLM paid dividends every year for the past 8 years.
What is the dividend of SLM?
For the upcoming 12 months, dividends amounting to 0.54 USD are expected. This corresponds to a dividend yield of 2.55 %.
In which sector is SLM located?
SLM is assigned to the 'Finance' sector.
Wann musste ich die Aktien von SLM kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SLM from 9/16/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.
When did SLM pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of SLM in the year 2023?
In the year 2023, SLM distributed 0.44 USD as dividends.
In which currency does SLM pay out the dividend?
The dividends of SLM are distributed in USD.
Andere Kennzahlen von SLM
Our stock analysis for SLM Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SLM Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
