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

View and export this data going back to 2003. Start your Free Trial

What is SLM Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of SLM is 6.97%.

Warning Sign:

SLM Corp stock dividend yield is close to 2-year low.

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

SLMAP.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.29 Med: 1.62 Max: 6.97
Current: 6.97

During the past 13 years, the highest Dividend Yield of SLM was 6.97%. The lowest was 0.29%. And the median was 1.62%.

SLMAP.PFD's Dividend Yield % is ranked worse than
67.15% of 207 companies
in the Credit Services industry
Industry Median: 3.1 vs SLMAP.PFD: 6.97

SLM's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of SLM was 0.36. The lowest was 0.05. And the median was 0.14.

As of today (2024-12-13), the Forward Dividend Yield % of SLM is 6.97%.

SLM's Dividends per Share for the three months ended in Sep. 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.

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

SLM Dividend Yield % Historical Data

The historical data trend for SLM'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.

SLM Dividend Yield % Chart

SLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

SLM Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SLM's Dividend Yield %

For the Credit Services subindustry, SLM'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.

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

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

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

SLM 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) 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 Dividend Yield % Related Terms

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

SLM Business Description

Industry

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