SLM (SLMAP.PFD) Forward Dividend Yield % : 6.97% (As of May. 13, 2024)

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What is SLM Forward Dividend Yield %?

As of today (2024-05-13), the Forward Annual Dividend Yield of SLM is 6.97%.

As of today (2024-05-13), the Trailing Annual Dividend Yield of SLM is 6.97%.

SLMAP.PFD's Forward Dividend Yield % is ranked worse than
70.94% of 203 companies
in the Credit Services industry
Industry Median: 3.76 vs SLMAP.PFD: 6.97

SLM's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 54.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SLM was 54.20% per year. The lowest was -30.40% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of SLM's Forward Dividend Yield %

For the Credit Services subindustry, SLM's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.

SLM's Forward Dividend Yield % Distribution in the Credit Services Industry

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

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

SLM Forward Dividend Yield % Calculation

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

SLM (NAS:SLMAP.PFD) Forward 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.

SLM Forward Dividend Yield % Related Terms

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SLM (SLMAP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLMAP.PFD) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

SLMBP.PFD:USA SLM:USA SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.