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

4/23/25 4:30:00 PM ET

Finance: Consumer Services

Finance

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Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share.

Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 2025.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20250422774471/en/

Media:

Rick Castellano

302.451.2541

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Investors:

Kate deLacy

571.438.9574

[email protected]

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Date	Price Target	Rating	Analyst
12/9/2024	$27.00 → $30.00	Outperform → Mkt Perform	Keefe Bruyette
9/25/2024	$27.00	Buy	BofA Securities
1/16/2024	$14.00 → $23.00	Neutral → Buy	Citigroup
1/10/2024	$25.00	Buy	Deutsche Bank
1/4/2024	$18.00 → $20.00	Overweight → Neutral	JP Morgan
12/8/2023	$14.00 → $20.00	Equal Weight → Overweight	Wells Fargo
11/15/2023	$16.00	Overweight	Barclays
11/1/2023	$17.50	Outperform	TD Cowen

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

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Recent Analyst Ratings for
$SLM

$SLM
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Manvitz Ted bought $289,032 worth of shares (10,000 units at $28.90), increasing direct ownership by 22% to 56,464 units (SEC Form 4)

Blackley Richard Scott bought $249,378 worth of shares (11,702 units at $21.31), increasing direct ownership by 99% to 23,518 units (SEC Form 4)

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

Chat with this insight

Recent Analyst Ratings for $SLM

$SLM Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Manvitz Ted bought $289,032 worth of shares (10,000 units at $28.90), increasing direct ownership by 22% to 56,464 units (SEC Form 4)

Blackley Richard Scott bought $249,378 worth of shares (11,702 units at $21.31), increasing direct ownership by 99% to 23,518 units (SEC Form 4)

Recent Analyst Ratings for
$SLM

$SLM
Insider Purchases