SLM Corporation Dividends | Yield & Payout

Dividend history and payout analysis for SLM Corporation (SLMBP). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

21 years
Metric (FY)202520242023202220212020201920182017201620152014201320122011201020092008200720062005
Dividends per share (FY)$6.28$7.35$7.01$3.40$1.89$2.56$4.24$3.87$2.90$2.41$2.02$1.96$2.00$2.23$1.53$1.05$1.76$4.09$6.24$5.82$2.28
Dividend yield (FY) %N/A1.97%2.69%2.84%1.05%1.18%1.78%0.43%0.32%0.45%0.71%0.30%6.89%8.82%6.96%3.29%6.11%7.45%4.69%6.06%4.58%
Payout ratio (FY) %N/A19.31%20.46%26.01%5.62%6.37%11.75%3.21%5.44%8.47%7.14%6.66%109.68%118.10%27.17%13.55%35.72%-52.00%-15.52%37.45%27.27%

Dividend Payout History

82 payments
Pay DateEx-DateRecord DateAmount
2025-12-15December 04, 252025-12-04$1.51
2025-09-15September 04, 252025-09-04$1.59
2025-06-16June 05, 252025-06-05$1.58
2025-03-17March 05, 252025-03-05$1.60
2024-12-16December 05, 242024-12-05$1.74
2024-09-16September 05, 242024-09-05$1.85
2024-06-17June 06, 242024-06-06$1.90
2024-03-15March 01, 242024-03-04$1.86
2023-12-15December 01, 232023-12-04$1.86
2023-09-15August 31, 232023-09-01$1.84
2023-06-15June 01, 232023-06-02$1.70
2023-03-15March 02, 232023-03-03$1.61
2022-12-15December 01, 222022-12-02$1.31
2022-09-15September 01, 222022-09-02$0.95
2022-06-15June 02, 222022-06-03$0.66
2022-03-15March 03, 222022-03-04$0.48
2021-12-15December 02, 212021-12-03$0.46
2021-09-15September 02, 212021-09-03$0.47
2021-06-15June 03, 212021-06-04$0.48
2021-03-15March 04, 212021-03-05$0.48
2020-12-15December 03, 202020-12-04$0.49
2020-09-15September 03, 202020-09-04$0.52
2020-06-15June 04, 202020-06-05$0.64
2020-03-16March 05, 202020-03-06$0.91
2019-12-16December 05, 192019-12-06$0.97
2019-09-16September 05, 192019-09-06$1.04
2019-06-17June 06, 192019-06-07$1.13
2019-03-15March 04, 192019-03-05$1.10
2018-12-17December 06, 182018-12-07$1.02
2018-09-17September 06, 182018-09-07$1.05
2018-06-15June 04, 182018-06-05$0.98
2018-03-15March 02, 182018-03-05$0.82
2017-12-15December 04, 172017-12-05$0.76
2017-09-15August 30, 172017-09-01$0.75
2017-06-15June 01, 172017-06-05$0.72
2017-03-15March 01, 172017-03-05$0.67
2016-12-15December 01, 162016-12-05$0.65
2016-09-15August 31, 162016-09-02$0.60
2016-06-15June 01, 162016-06-03$0.60
2016-03-15March 02, 162016-03-05$0.56
2015-12-15December 02, 152015-12-04$0.52
N/ASeptember 02, 15N/A$0.51
N/AJune 03, 15N/A$0.50
N/AMarch 04, 15N/A$0.49
N/ADecember 03, 14N/A$0.49
N/ASeptember 03, 14N/A$0.49
N/AJune 04, 14N/A$0.49
N/AMarch 05, 14N/A$0.49
N/ADecember 04, 13N/A$0.49
N/ASeptember 04, 13N/A$0.50
N/AJune 05, 13N/A$0.52
N/AMarch 01, 13N/A$0.49
N/ADecember 05, 12N/A$0.53
N/ASeptember 05, 12N/A$0.57
N/AJune 01, 12N/A$0.56
N/AMarch 01, 12N/A$0.57
N/ADecember 01, 11N/A$0.52
N/AAugust 31, 11N/A$0.50
N/AJune 01, 11N/A$0.26
N/AMarch 02, 11N/A$0.25
N/ADecember 01, 10N/A$0.25
N/ASeptember 01, 10N/A$0.32
N/AJune 02, 10N/A$0.24
N/AMarch 03, 10N/A$0.24
N/ADecember 02, 09N/A$0.25
N/ASeptember 02, 09N/A$0.34
N/AJune 03, 09N/A$0.51
N/AMarch 04, 09N/A$0.66
N/ADecember 03, 08N/A$0.89
N/ASeptember 03, 08N/A$0.89
N/AJune 04, 08N/A$0.88
N/AMarch 05, 08N/A$1.43
N/ADecember 05, 07N/A$1.60
N/ASeptember 05, 07N/A$1.58
N/AJune 01, 07N/A$1.55
N/AMarch 01, 07N/A$1.51
N/ADecember 01, 06N/A$1.54
N/AAugust 31, 06N/A$1.54
N/AJune 01, 06N/A$1.44
N/AMarch 01, 06N/A$1.30
N/ANovember 30, 05N/A$1.16
N/AAugust 31, 05N/A$1.12

Frequently Asked Questions

What is SLM Corporation's current dividend yield and payout ratio?

The dividend yield shows how much SLM Corporation returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has SLM Corporation's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for SLM Corporation, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is SLM Corporation a high-yield stock compared to its industry peers?

Comparing SLM Corporation's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can SLM Corporation maintain its dividend during market downturns?

Analyzing SLM Corporation's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider SLM Corporation dividends as part of my long-term investment strategy?

Investors often include SLM Corporation dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.