Navient declares second quarter common stock dividend
Navient (NAVI) has announced a second quarter dividend of $0.16 per share, approved by its board on May 21, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Navient (NAVI) has announced a second quarter dividend of $0.16 per share, approved by its board on May 21, 2020. This dividend will be paid on June 19, 2020, to shareholders of record by June 5, 2020. As a leader in education loan management and business processing solutions, Navient provides essential services to clients, helping millions of Americans achieve financial success. This dividend reflects the company's ongoing commitment to returning value to shareholders.
Positive
- Dividend of $0.16 per share approved, reflecting commitment to shareholder returns.
- Strong position as a leader in education loan management.
Negative
- None.
Details
News Market Reaction – NAVI
The recorded move for NAVI in the trading session of this news was -2.92%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., May 21, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2020 second quarter dividend of
The second quarter 2020 dividend will be paid on June 19, 2020, to shareholders of record at the close of business on June 5, 2020.
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. We help our 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: Joe Fisher, 302-283-4075, joe.fisher@navient.com
Nathan Rutledge, 703-984-6801, nathan.rutledge@navient.com
NAVICF
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