SmarterDividends
NAVI

Navient Corporation

NAVI

Financial Services · Credit Services · Stock · quarterly payer

$9.28

Undervalued · +39% Add to Portfolio

Forward Yield

6.90%

Annual Dividend

$0.64

Payout Ratio

200%

5-Yr Growth

0.0%

Ex-Date

Sep 4, 2026

Frequency

Quarterly

Key facts about NAVI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Navient Corporation (NAVI) has a forward dividend yield of 6.90%, based on an annual dividend of $0.64 per share and a share price of $9.28.
  • As of Oct 18, 2026, NAVI's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • NAVI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • NAVI's most recent ex-dividend date was Sep 4, 2026, for a dividend of $0.16 per share.
  • As of Oct 18, 2026, NAVI pays out 200% of its trailing 12-month earnings as dividends (its payout ratio).
  • NAVI's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, NAVI's 6.90% yield is 71% above its five-year average yield of 4.03%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NAVI is $12.92 per share, 39% above the $9.28 share price, so NAVI screens as undervalued.
  • Navient Corporation (NAVI) pays its dividend quarterly, 4 times a year.
  • Navient Corporation (NAVI) has raised its regular dividend 1 time and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 6.7% increase to $0.160 per share, going ex-dividend on Mar 4, 2015.
Cite this page

SmarterDividends, "NAVI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NAVI

Summary

As of Oct 18, 2026, Navient Corporation (NAVI) yields 6.90% ($0.64 a year per share) and has a dividend safety grade of B (73/100).

Is NAVI a good dividend stock?

Yes, with caveats

Navient Corporation (NAVI) pays a quarterly dividend yielding 6.90% ($0.64/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (200%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.90%
Payout Ratio
200%
Annual Dividend
$0.64
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Sep 4, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.17
Market Cap
$870.3M
P/E Ratio
—
5-Yr Total Return
-53%
52-Week Range
$7.33 – $13.48
Dividend Safety
B · 73/100
Ever Cut?
No

NAVI dividend raises and cuts

Navient Corporation (NAVI) has raised its regular dividend 1 time and cut it 0 times across the 50 payments on record since 2014. Its most recent change was a 6.7% increase to $0.160 per share, going ex-dividend on Mar 4, 2015.

Ex-dateChangeOld → newMove
Mar 4, 2015Raise$0.150 → $0.160+6.7%
Every NAVI payment →Download every raise and cut (CSV)
NAVI ex-dividend date & scheduleNext ex-date Sep 4, 2026 · full ex-dividend historyView →NAVI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NAVI a good dividend stock?

Yes, with caveats. Navient Corporation (NAVI) pays a quarterly dividend yielding 6.90% ($0.64/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is NAVI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NAVI's fair value is about $12.92 versus a $9.28 share price — so it looks undervalued (+39% vs. fair value).

Is NAVI's dividend safe?

NAVI has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NAVI's fair value?

Our blended fair-value estimate for NAVI is about $12.92 per share, roughly 39% above the current $9.28 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NAVI a buy, hold, or sell?

We don't issue formal ratings, but on the data NAVI screens as "yes, with caveats" and undervalued. Navient Corporation (NAVI) pays a quarterly dividend yielding 6.90% ($0.64/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will NAVI cut its dividend?

NAVI earns a dividend-safety grade of B (73/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NAVI pay a dividend?

Yes. Navient Corporation pays a quarterly dividend of about $0.64 per share annually, a forward yield of roughly 6.90%.

What is NAVI's dividend yield?

As of Oct 18, 2026, NAVI's forward dividend yield is 6.90%, based on a $0.64 annual dividend and a $9.28 share price.

What is NAVI's dividend per share?

As of Oct 18, 2026, NAVI pays $0.64 per share per year, distributed on a quarterly basis.

What is NAVI's dividend payout ratio?

As of Oct 18, 2026, NAVI's payout ratio is 200% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has NAVI grown its dividend?

NAVI does not currently have a long dividend-growth streak on record.

When is the next NAVI ex-dividend date?

As of Oct 18, 2026, NAVI's next ex-dividend date hasn't been announced. The most recent was Sep 4, 2026, for $0.16 per share.

Income Calculator

At $0.64 / yr per share

Per payment (quarterly)$16.00
Annual$64.00
Monthly avg$5.33

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