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Navient declares second quarter common stock dividend

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Rhea-AI Summary

Navient (Nasdaq: NAVI) has announced a second quarter dividend for 2024, approved by its board of directors. Shareholders will receive $0.16 per share on common stock. The dividend is scheduled for payment on June 21, 2024, to those recorded as shareholders by June 7, 2024.

Positive
  • Navient declared a second quarter dividend of $0.16 per share.
  • The dividend is approved by the board of directors, indicating confidence in the company's financial health.
  • Payment date is set for June 21, 2024, providing a clear schedule for shareholders.
  • Shareholders of record by June 7, 2024, will benefit from this dividend.
Negative
  • The dividend amount of $0.16 per share may be seen as relatively modest by some investors.
  • The announcement does not provide any information on overall financial performance or future projections, leaving investors without a broader context.

HERNDON, Va., May 23, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approved a 2024 second quarter dividend of $0.16 per share on the company's common stock.

The second quarter 2024 dividend will be paid on June 21, 2024, to shareholders of record at the close of business on June 7, 2024.

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, healthcare, and government. Learn more at navient.com.

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

Investors: Jen Earyes, 703-984-6801, jen.earyes@navient.com


FAQ

What is the dividend amount declared by Navient for the second quarter of 2024?

Navient declared a dividend of $0.16 per share for the second quarter of 2024.

When will Navient pay the second quarter dividend for 2024?

Navient will pay the second quarter dividend on June 21, 2024.

What is the record date for Navient's second quarter 2024 dividend?

The record date for Navient's second quarter 2024 dividend is June 7, 2024.

What stock symbol is associated with Navient's dividend announcement?

The stock symbol associated with Navient's dividend announcement is NAVI.

Navient Corporation

NASDAQ:NAVI

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