SLM Corporation SLM

SLM Corporation pays an annual dividend of $0.52 per share, a yield of 2.08% at the last closing price of $24.99. The most recent ex-dividend date was 2026-09-04 — investors must own shares before that date to receive the payment.

The payout ratio — the share of earnings paid out as dividends — is 14.57%. A ratio at this level generally leaves room to maintain or grow the dividend out of current earnings.