Navient Corporation reports developments tied to education finance, portfolio management and digital lending through its Earnest subsidiary. The company owns and manages Federal Family Education Loan Program loans and private education loan portfolios, supports in-school and refinance private education loan originations, and provides servicing oversight after shifting to an outsourced servicing model.
Recurring Navient news includes quarterly and year-end financial results, common-stock dividend declarations, leadership and board updates, and strategic actions to simplify the company following the divestiture of its business processing unit. Company updates also reference the performance and organization of its education finance activities, capital markets and corporate functions.
Navient (Nasdaq: NAVI) will announce its 2024 second quarter financial results on July 24, 2024. The results will be released at 7:00 a.m. Eastern Time on the company's investor website and filed with the SEC on a Form 8-K. An audio webcast to review the results will be held at 8:00 a.m. Eastern Time the same day. Investors and analysts can pre-register for the webcast to ask questions or join in listen-only mode without registration. A replay will be available two hours after the event.
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.
Earnest, a fintech company, appointed Nick Norcross as its new Chief Product Officer. With almost two decades of fintech product development experience, Norcross aims to make education accessible to all. Earnest CEO, David Green, praised Norcross's track record and passion for financial success. Norcross plans to focus on helping students achieve financial empowerment and accessibility to education.
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