Navient declares second quarter common stock dividend
Navient (Nasdaq: NAVI) announced a quarterly dividend of $0.16 per share on its common stock, approved by its board of directors.
Rhea-AI Summary
Navient (Nasdaq: NAVI) announced a quarterly dividend of $0.16 per share on its common stock, approved by its board of directors. This dividend will be distributed on June 18, 2021, to shareholders on record as of June 4, 2021. Navient plays a significant role in education loan management and business processing solutions, assisting clients across various sectors.
Positive
- Quarterly dividend of $0.16 per share approved, indicating confidence in cash flow and shareholder returns.
Negative
- None.
Details
News Market Reaction – NAVI
In the trading session that priced this news, NAVI gained 1.22%, 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.
WILMINGTON, Del., May 20, 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 second quarter dividend of
The second quarter 2021 dividend will be paid on June 18, 2021, to shareholders of record at the close of business on June 4, 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
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