# SLM Corporation (SLM): Dividend & Fundamentals

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- Sector: Financial Services · Industry: Financial - Credit Services
- Exchange: NASDAQ · Trading currency: USD

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

## Quote & Key Metrics

As of 2026-10-23:

| Metric | Value |
|---|---|
| Price | $19.42 USD |
| Market Cap | $3.65B |
| P/E (TTM) | 7.03 |
| EPS (TTM) | $2.76 |
| 52-Week Range | $17.77 – $31.06 |
| Dividend Yield (TTM) | 2.68% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 2.68% |
| Annual Dividend (TTM) | $0.52 /share |
| Annual Dividend (Forward) | $0.52 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 2 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 0.0% / 5.7% / 3.4% / 9.3% |
| Payout Ratio (EPS, TTM) | 18.9% |
| Payout Ratio (FCF, TTM) | 16.2% |
| Payout Ratio (EPS, forward dividend) | 18.9% |
| Payout Ratio (FCF, forward dividend) | 16.2% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-12-04 | $0.1300 | 2026-12-15 |
| 2026-09-04 | $0.1300 | 2026-09-15 |
| 2026-06-04 | $0.1300 | 2026-06-15 |
| 2026-03-05 | $0.1300 | 2026-03-16 |
| 2025-12-04 | $0.1300 | 2025-12-15 |
| 2025-09-04 | $0.1300 | 2025-09-15 |
| 2025-06-05 | $0.1300 | 2025-06-16 |
| 2025-03-05 | $0.1300 | 2025-03-17 |
| 2024-12-05 | $0.1300 | 2024-12-16 |
| 2024-09-05 | $0.1100 | 2024-09-16 |
| 2024-06-06 | $0.1100 | 2024-06-17 |
| 2024-03-01 | $0.1100 | 2024-03-15 |

Full history: https://www.dividenddata.com/stocks/slm/dividend

## Frequently Asked Questions

### What does SLM Corporation do?

SLM Corporation (SLM) operates in the Financial - Credit Services industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

### What is SLM's market cap?

SLM Corporation (SLM) has a market capitalization of approximately $3.65 billion, as of October 23, 2026, based on the most recent share price and shares outstanding.

### Does SLM pay a dividend?

Yes, SLM Corporation (SLM) pays a dividend quarterly, with a trailing-twelve-month yield of 2.68%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does SLM pay dividends?

SLM Corporation pays dividends quarterly. The forward annual rate is $0.52 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is SLM's payout ratio?

SLM Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/slm
- Dividend history & safety: https://www.dividenddata.com/stocks/slm/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/slm/earnings
- Financial statements: https://www.dividenddata.com/stocks/slm/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/slm/valuation
- Peer comparison: https://www.dividenddata.com/stocks/slm/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.