Sallie Mae Increases Dividend on Common Stock, Declares Dividends on Preferred Stock Series B
21 October 2021 - 7:47AM
Business Wire
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today
announced an increase to its 2021 fourth-quarter dividend on its
common stock from $0.03 to $0.11 per share. The company also
announced a 2021 fourth-quarter dividend on its Preferred Stock
Series B of $0.45955 per share.
Both common stock and preferred stock dividends will be paid on
Dec. 15, 2021, to the respective stockholders of record at the
close of business on Dec. 3, 2021.
Sallie Mae (Nasdaq: SLM) believes education and life-long
learning, in all forms, help people achieve great things. As the
leader in private student lending, we provide financing and
know-how to support access to college and offer products and
resources to help customers make new goals and experiences, beyond
college, happen. Learn more at SallieMae.com. Commonly known as
Sallie Mae, SLM Corporation and its subsidiaries are not sponsored
by or agencies of the United States of America.
Category: Corporate and Financial
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version on businesswire.com: https://www.businesswire.com/news/home/20211020006080/en/
Media: Rick Castellano 302.451.2541
Rick.Castellano@SallieMae.com
Investors: Brian Cronin 302.451.0304
Brian.Cronin@SallieMae.com
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