Navient declares second quarter common stock dividend

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.

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• None.

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 $0.16 per share on the company's common stock.

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

FAQ

What is the dividend amount for Navient in the second quarter of 2021?

Navient announced a dividend of $0.16 per share for the second quarter of 2021.

When will Navient pay its second quarter 2021 dividend?

The dividend will be paid on June 18, 2021.

Who is eligible to receive Navient's second quarter dividend?

Shareholders of record as of June 4, 2021, are eligible to receive the dividend.

How often does Navient pay dividends?

Navient typically pays dividends quarterly.