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Sallie Mae Increases Dividend on Common Stock, Declares Dividends on Preferred Stock Series B
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(Low)
Rhea-AI Sentiment
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Tags
dividends
NEWARK, Del.--(BUSINESS WIRE)--
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced an increase to its 2021 fourth-quarter dividend on its common stock from $0.03 to $0.11 per share. The company also announced a 2021 fourth-quarter dividend on its Preferred Stock Series B of $0.45955 per share.
Both common stock and preferred stock dividends will be paid on Dec. 15, 2021, to the respective stockholders of record at the close of business on Dec. 3, 2021.
Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
sallie mae (nasdaq: slm) is the nation’s saving, planning, and paying for college company. whether college is a long way off or just around the corner, sallie mae offers products that promote responsible personal finance including private education loans, upromise rewards, scholarship search, college financial planning tools and online retail banking. learn more at salliemae.com. commonly known as sallie mae, slm corporation and its subsidiaries are not sponsored by or agencies of the united states of america.
