SLM (SLM) Dividend Payout Ratio: 0.08 (As of Mar. 2026) — 47% Below Median

SLM SLM +2.58% 78 Dividend Payout Ratio is 0.08 as of Mar. 2026, which is 47% below its 10-year median of 0.15. GuruFocus rates SLM with a GF Score™ of 78/100 and a GF Value™ of $23.95 (Fairly Valued). The stock has 2 warning signs investors should review. Among 195 Credit Services companies, SLM ranks better than 74.87% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. SLM's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.08.

The historical rank and industry rank for SLM's Dividend Payout Ratio or its related term are showing as below:

SLM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 0.25
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of SLM was 0.25. The lowest was 0.05. And the median was 0.15.

SLM's Dividend Payout Ratio is ranked better than
74.87% of 195 companies
in the Credit Services industry
Industry Median: 0.32 vs SLM: 0.14

As of today (2026-06-24), the Dividend Yield % of SLM is 2.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SLM was 3.90%. The lowest was 0.29%. And the median was 1.67%.

SLM's Dividends per Share for the months ended in Mar. 2026 was $0.13.

During the past 12 months, SLM's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SLM was 55.10% per year. The lowest was -30.40% per year. And the median was 25.25% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

SLM (NAS:SLM) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

SLM Dividend Payout Ratio Related Terms

SLM Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SLM's Dividend Payout Ratio 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.

SLM Dividend Payout Ratio Chart

SLM Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.05

0.25

0.18

0.17

0.15

SLM Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.09	0.41	0.21	0.12	0.08

SLM vs ENVA, SEZL, NNI: Dividend Payout Ratio Comparison

For the Credit Services subindustry, SLM's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Credit Services Industry

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

* The bar in red indicates where SLM's Dividend Payout Ratio falls into.

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SLM Dividend Payout Ratio Calculation

SLM's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.52	/	3.46
	=	0.15

SLM's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.13	/	1.54
	=	0.08

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.08 mean?

SLM (SLM) has a Dividend Payout Ratio of 0.08 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SLM and its competitors. This is 47% below median its historical median of 0.15. Over the past decade, SLM's Dividend Payout Ratio has ranged from 0.05 to 0.25. According to the industry distribution chart, SLM ranks #49 out of 195 companies in the Credit Services industry, placing it in the top 25.1%.

Is SLM's Dividend Payout Ratio too high?

SLM's current Dividend Payout Ratio of 0.08 is 47% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.25. The Credit Services industry median Dividend Payout Ratio is 0.32. SLM's value of 0.08 is 75% below this industry median. Based on the distribution chart, SLM ranks #49 out of 195 companies in the Credit Services industry, which is above the industry midpoint. Overall, SLM has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does SLM's Dividend Payout Ratio compare to ENVA and SEZL?

According to the Credit Services industry distribution chart, SLM ranks #49 out of 195 companies for Dividend Payout Ratio. This puts SLM in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. SLM's value of 0.08 is 75% below this benchmark. Historically, SLM's own Dividend Payout Ratio has ranged from 0.05 to 0.25 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.32, SLM has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Credit Services company?

The median Dividend Payout Ratio among Credit Services companies is 0.32, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SLM's current Dividend Payout Ratio of 0.08 is 75% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SLM and its competitors. For the Credit Services industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SLM's current Dividend Payout Ratio is 0.08, which is 47% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SLM stock overvalued right now?

Based on GuruFocus' analysis, SLM (SLM) is currently considered Fairly Valued. The stock's GF Value™ is $23.95, compared to a current price of $23.84 — trading 0.5% below its estimated fair value. The current Dividend Payout Ratio is 0.08, which is 47% below median its 10-year median of 0.15 and 75% below the Credit Services industry median of 0.32. SLM's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For SLM (SLM), the current Dividend Payout Ratio is 0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SLM (SLM) Overvalued in 2026?

Based on GuruFocus' analysis, SLM stock appears to be undervalued. The current stock price of $23.84 is trading 0.5% below its estimated GF Value™ of $23.95. GuruFocus considers SLM to be Fairly Valued.

Key valuation signals for SLM:

Dividend Payout Ratio: 0.08 (47% below median its 10-year median of 0.15)
GF Value™: $23.95 vs. price of $23.84 (0.5% below fair value)
GF Score™: 78/100 with 2 warning signs
Industry Position: 75% below the Credit Services median (#49 of 195)

No single metric tells the full story. See the SLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SLM Business Description

Industry Financial Services Credit Services

Comparable Companies ENVA SEZL NNI BFH UPST WU CACC QFIN OMF EZPW V MA AXP COF BOM:500034 PYPL AFRM SYF NSE:SHRIRAMFIN SOFI

Other Exchanges SLMBP.PFD:USA SM1:Germany

Address 300 Continental Drive, Newark, DE, USA, 19713

Website https://www.salliemae.com

SLM Corp is an education solutions company. Its business is to originate and service loans to students and their families to finance the cost of their education. The term' Private Education Loans to mean education loans to students or their families that are not made, insured, or guaranteed by any state or federal government.

78GF Score

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$23.84

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$23.95

GF Value

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