Navient declares second quarter common stock dividend
Navient (Nasdaq: NAVI) announced a second-quarter dividend of $0.16 per share, reflecting the company's commitment to returning value to shareholders.
Rhea-AI Summary
Navient (Nasdaq: NAVI) announced a second-quarter dividend of $0.16 per share, reflecting the company's commitment to returning value to shareholders. The dividend payment will be made on June 17, 2022, to shareholders on record as of June 3, 2022. This announcement highlights Navient's focus on providing technology-enabled education finance and business processing solutions aimed at enhancing customer success.
Positive
- Dividend of $0.16 per share demonstrates financial stability and commitment to shareholders.
- Payment scheduled for June 17, 2022, indicates ongoing cash flow.
Negative
- None.
Details
News Market Reaction – NAVI
In the trading session that priced this news, NAVI declined 0.26%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., May 19, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approved a 2022 second quarter dividend of
The second quarter 2022 dividend will be paid on June 17, 2022, to shareholders of record at the close of business on June 3, 2022.
About Navient
Navient (Nasdaq: NAVI) provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions of people achieve success. Our customer-focused, data-driven services deliver exceptional results for clients in education, health care and government. 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
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