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Navient declares fourth quarter common stock dividend

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dividends

Rhea-AI Summary

Navient (Nasdaq: NAVI) announced a fourth quarter dividend of $0.16 per share on November 22, 2021. This dividend is set to be paid on December 17, 2021, to shareholders on record by the close of business on December 3, 2021. As a leader in education loan management, Navient continues to support clients in various sectors through technology-enabled financing and services.

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Positive

  • Announced a dividend of $0.16 per share, reflecting positive cash flow and shareholder return.

Negative

  • None.

News Market Reaction – NAVI

+1.64%
+1.64% Session move

In the trading session that priced this news, NAVI gained 1.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WILMINGTON, Del., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2021 fourth quarter dividend of $0.16 per share on the company's common stock.

The fourth quarter 2021 dividend will be paid on December 17, 2021, to shareholders of record at the close of business on December 3, 2021.

About Navient
Navient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com.

Contact:
Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com

Investors: Nathan Rutledge, 703-984-6801, nathan.rutledge@navient.com


FAQ

What is Navient's dividend for the fourth quarter of 2021?

Navient has announced a fourth quarter dividend of $0.16 per share.

When will Navient's fourth quarter dividend be paid?

The fourth quarter dividend will be paid on December 17, 2021.

What is the record date for Navient's dividend payment?

Shareholders of record will be as of December 3, 2021.

How often does Navient pay dividends?

Navient typically pays dividends quarterly, as demonstrated by the recent announcement.