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Navient (Navient) Dividend Yield %

: 3.82% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Navient is 3.82%.

The historical rank and industry rank for Navient's Dividend Yield % or its related term are showing as below:

NAVI' s Dividend Yield % Range Over the Past 10 Years
Min: 0.84   Med: 4.42   Max: 10.67
Current: 3.82

During the past 12 years, the highest Dividend Yield of Navient was 10.67%. The lowest was 0.84%. And the median was 4.42%.

NAVI's Dividend Yield % is ranked better than
56.11% of 221 companies
in the Credit Services industry
Industry Median: 3.66 vs NAVI: 3.82

Navient's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.76.

During the past 12 years, the highest Dividend Payout Ratio of Navient was 0.72. The lowest was 0.19. And the median was 0.25.

As of today (2024-04-23), the Forward Dividend Yield % of Navient is 3.82%.

Navient's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Navient was 12.50% per year. The lowest was 12.50% per year. And the median was 12.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Navient Dividend Yield % Historical Data

The historical data trend for Navient's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Navient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.68 6.52 3.02 3.86 3.44

Navient Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.86 4.00 3.45 3.72 3.44

Competitive Comparison

For the Credit Services subindustry, Navient's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Navient Dividend Yield % Distribution

For the Credit Services industry and Financial Services sector, Navient's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Navient's Dividend Yield % falls into.



Navient Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Navient Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-06-012023-06-022023-06-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Navient's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.64/16.58
=3.86 %

Current Share Price is $16.58.
Navient's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

Navient's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.64/16.58
=3.86 %

Current Share Price is $16.58.
Navient's Dividends per Share for the forward twelve months is calculated as $0.16 * 4 = $0.64.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Navient  (NAS:NAVI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Navient Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Navient's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Navient (Navient) Business Description

Traded in Other Exchanges
Address
123 Justison Street, Wilmington, DE, USA, 19801
Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.
Executives
John M Kane officer: Chief Operating Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Mark L Heleen officer: EVP & Chief Legal Officer 12061 BLUEMONT WAY, RESTON VA 20190
Stephen M Hauber officer: SVP, Chief Risk&Compliance Off 123 S JUSTISON STREET, SUITE 300, WILMINGTON DE 19801
Newbury Investors Llc 10 percent owner 135 EAST 57TH STREET, NEW YORK NY 10022
Edward J Bramson 10 percent owner SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Gp, Llc 10 percent owner 135 EAST 57TH STREET, NEW YORK NY 10022
Stephen Welker 10 percent owner SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Lp 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Gp, Llc 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Lp 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Michael A Lawson director 123 JUSTISON STREET, WILMINGTON DE 19801
Joe Fisher officer: EVP, CFO & PAO 123 JUSTISON STREET, WILMINGTON DE 19801
Anna Escobedo Cabral director 300 CONTINENTAL DRIVE, NEWARK DE 19713
John F Remondi director, officer: Chief Executive Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Ted A Morris officer: Acting Chief Financial Officer 123 S. JUSTISON STREET, WILMINGTON DE 19801

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