Navient declares third quarter common stock dividend

Navient (Nasdaq: NAVI) has declared a third quarter 2022 dividend of $0.16 per share on its common stock.

Rhea-AI Summary

Navient (Nasdaq: NAVI) has declared a third quarter 2022 dividend of $0.16 per share on its common stock. This dividend will be paid on September 16, 2022, to shareholders of record by the close of business on September 2, 2022. Navient continues to focus on providing technology-enabled education finance and business processing solutions that aim to facilitate success for millions in education, healthcare, and government sectors.

Positive

• Third quarter dividend of $0.16 per share, indicating continued shareholder returns.

Negative

• None.

Argus Publication session

+0.97% session move Open Argus

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News Market Reaction – NAVI

In the trading session that priced this news, NAVI gained 0.97%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WILMINGTON, Del., Aug. 11, 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 third quarter dividend of $0.16 per share on the company's common stock.

The third quarter 2022 dividend will be paid on September 16, 2022, to shareholders of record at the close of business on September 2, 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, 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the NAVI dividend amount for the third quarter of 2022?

Navient declared a dividend of $0.16 per share for the third quarter of 2022.

When will the NAVI third quarter dividend be paid?

The dividend will be paid on September 16, 2022.

What is the record date for the NAVI dividend?

The record date for the dividend is September 2, 2022.

How often does Navient pay dividends?

Navient typically pays dividends quarterly.

Is the NAVI dividend sustainable?

The sustainability of the dividend depends on the company's financial performance and cash reserves.