SLM Dividend History
SLM Corporation · every payment since 1987
As of Oct 18, 2026, SLM Corporation (SLM) has paid 123 dividends since 1987. The most recent was $0.1300 per share (ex-date Sep 4, 2026, paid Sep 15, 2026). Over the last 12 months SLM paid $0.5200 across 4 payments, a trailing yield of 2.38%. The average of the last 2 regular payments is +0.0% versus the 2 before.
Latest dividend
$0.1300
Last ex-date
Sep 4, 2026
Paid, last 12 months
$0.52
Trailing yield
2.38%
Frequency
Quarterly
Growth streak
2 yrs
Key facts: SLM dividend history
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, SmarterDividends has 123 dividend payments on record for SLM Corporation (SLM), going back to 1987.
- SLM's most recent dividend was $0.13 per share, with an ex-dividend date of Sep 4, 2026 and a pay date of Sep 15, 2026.
- In the 12 months to Oct 18, 2026, SLM paid $0.52 per share in dividends across 4 payments, a trailing yield of 2.38%.
- SLM's most recent dividend increase took effect with the Dec 5, 2024 ex-date, a 18.2% rise to $0.13 per share.
- No reduction in SLM's regular dividend appears in the 123 payments on record since 1987.
- SLM paid $0.52 per share in dividends in calendar year 2025, up 13.0% from 2024.
Cite this page
SmarterDividends, "SLM Dividend History: Every Payment, Dates & Yield," updated Oct 18, 2026, https://smarterdividends.com/stocks/SLM/dividend-history
Dividends versus price, last 12 months
Paid out
2.02%
of price a year ago
Price change
-15.1%
$25.69 → $21.81
Approx. total return
-13.1%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
SLM dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 24 regular payments, per share
SLM dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 3 | $0.3900 | — |
| 2025 | 4 | $0.5200 | +13.0% |
| 2024 | 4 | $0.4600 | +4.5% |
| 2023 | 4 | $0.4400 | +0.0% |
| 2022 | 4 | $0.4400 | +120.0% |
| 2021 | 4 | $0.2000 | +66.7% |
| 2020 | 4 | $0.1200 | +0.0% |
| 2019 | 4 | $0.1200 | — |
| 2014 | 1timing | $0.0536 | -75.0% |
| 2013 | 4 | $0.2144 | +20.0% |
| 2012 | 4 | $0.1787 | +66.7% |
| 2011 | 3timing | $0.1072 | — |
| 2007 | 1timing | $0.0894 | -74.2% |
| 2006 | 4 | $0.3467 | +14.1% |
| 2005 | 4 | $0.3038 | +14.9% |
| 2004 | 4 | $0.2645 | +24.7% |
| 2003 | 4 | $0.2121 | +109.4% |
| 2002 | 4 | $0.1013 | +54.5% |
| 2001 | 3timing | $0.0655 | -16.0% |
| 2000 | 4 | $0.0780 | +7.4% |
| 1999 | 4 | $0.0727 | +7.0% |
| 1998 | 4 | $0.0679 | +10.2% |
| 1997 | 4 | $0.0616 | +10.4% |
| 1996 | 4 | $0.0558 | +8.6% |
| 1995 | 4 | $0.0514 | +6.3% |
| 1994 | 4 | $0.0483 | +13.6% |
| 1993 | 4 | $0.0425 | +19.0% |
| 1992 | 4 | $0.0357 | +23.5% |
| 1991 | 4 | $0.0289 | +44.1% |
| 1990 | 4 | $0.0201 | +43.9% |
| 1989 | 4 | $0.0140 | +69.4% |
| 1988 | 4 | $0.0082 | +49.4% |
| 1987 | 4 | $0.0055 | — |
Every SLM dividend
25 raises · 0 cuts · 0 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| Sep 4, 2026 | Sep 15, 2026 | $0.1300 | +0.0% | Unchanged |
| Jun 4, 2026 | Jun 15, 2026 | $0.1300 | +0.0% | Unchanged |
| Mar 5, 2026 | Mar 16, 2026 | $0.1300 | +0.0% | Unchanged |
| Dec 4, 2025 | Dec 15, 2025 | $0.1300 | +0.0% | Unchanged |
| Sep 4, 2025 | Sep 15, 2025 | $0.1300 | +0.0% | Unchanged |
| Jun 5, 2025 | Jun 16, 2025 | $0.1300 | +0.0% | Unchanged |
| Mar 5, 2025 | Mar 17, 2025 | $0.1300 | +0.0% | Unchanged |
| Dec 5, 2024 | Dec 16, 2024 | $0.1300 | +18.2% | Raise |
| Sep 5, 2024 | Sep 16, 2024 | $0.1100 | +0.0% | Unchanged |
| Jun 6, 2024 | Jun 17, 2024 | $0.1100 | +0.0% | Unchanged |
| Mar 1, 2024 | Mar 15, 2024 | $0.1100 | +0.0% | Unchanged |
| Dec 1, 2023 | Dec 15, 2023 | $0.1100 | +0.0% | Unchanged |
| Aug 31, 2023 | Sep 15, 2023 | $0.1100 | +0.0% | Unchanged |
| Jun 1, 2023 | Jun 15, 2023 | $0.1100 | +0.0% | Unchanged |
| Mar 2, 2023 | Mar 15, 2023 | $0.1100 | +0.0% | Unchanged |
| Dec 1, 2022 | Dec 15, 2022 | $0.1100 | +0.0% | Unchanged |
| Sep 1, 2022 | Sep 15, 2022 | $0.1100 | +0.0% | Unchanged |
| Jun 2, 2022 | Jun 15, 2022 | $0.1100 | +0.0% | Unchanged |
| Mar 3, 2022 | Mar 15, 2022 | $0.1100 | +0.0% | Unchanged |
| Dec 2, 2021 | Dec 15, 2021 | $0.1100 | +266.7% | Raise |
| Sep 2, 2021 | Sep 15, 2021 | $0.0300 | +0.0% | Unchanged |
| Jun 3, 2021 | Jun 15, 2021 | $0.0300 | +0.0% | Unchanged |
| Mar 4, 2021 | Mar 15, 2021 | $0.0300 | +0.0% | Unchanged |
| Dec 3, 2020 | Dec 15, 2020 | $0.0300 | +0.0% | Unchanged |
| Sep 3, 2020 | Sep 15, 2020 | $0.0300 | +0.0% | Unchanged |
| Jun 4, 2020 | Jun 15, 2020 | $0.0300 | +0.0% | Unchanged |
| Mar 5, 2020 | Mar 16, 2020 | $0.0300 | +0.0% | Unchanged |
| Dec 5, 2019 | Dec 16, 2019 | $0.0300 | +0.0% | Unchanged |
| Sep 5, 2019 | Sep 16, 2019 | $0.0300 | +0.0% | Unchanged |
| Jun 6, 2019 | Jun 17, 2019 | $0.0300 | +0.0% | Unchanged |
| Mar 4, 2019 | Mar 15, 2019 | $0.0300 | — | First |
| Mar 5, 2014 | Mar 21, 2014 | $0.0536 | +0.0% | Unchanged |
| Dec 4, 2013 | Dec 20, 2013 | $0.0536 | +0.0% | Unchanged |
| Sep 4, 2013 | Sep 20, 2013 | $0.0536 | +0.0% | Unchanged |
| Jun 5, 2013 | Jun 21, 2013 | $0.0536 | +0.0% | Unchanged |
| Feb 27, 2013 | Mar 15, 2013 | $0.0536 | +20.0% | Raise |
| Dec 5, 2012 | Dec 21, 2012 | $0.0447 | +0.0% | Unchanged |
| Sep 5, 2012 | Sep 21, 2012 | $0.0447 | +0.0% | Unchanged |
| May 30, 2012 | Jun 15, 2012 | $0.0447 | +0.0% | Unchanged |
| Feb 29, 2012 | Mar 16, 2012 | $0.0447 | +25.0% | Raise |
| Nov 30, 2011 | Dec 16, 2011 | $0.0357 | +0.0% | Unchanged |
| Aug 31, 2011 | Sep 16, 2011 | $0.0357 | +0.0% | Unchanged |
| Jun 1, 2011 | Jun 17, 2011 | $0.0357 | — | First |
| Feb 28, 2007 | Mar 16, 2007 | $0.0894 | +0.0% | Unchanged |
| Nov 29, 2006 | Dec 15, 2006 | $0.0894 | +0.0% | Unchanged |
| Aug 30, 2006 | Sep 15, 2006 | $0.0894 | +0.0% | Unchanged |
| May 31, 2006 | Jun 16, 2006 | $0.0894 | +13.6% | Raise |
| Mar 1, 2006 | Mar 17, 2006 | $0.0786 | +0.0% | Unchanged |
| Nov 30, 2005 | Dec 16, 2005 | $0.0786 | +0.0% | Unchanged |
| Aug 31, 2005 | Sep 16, 2005 | $0.0786 | +0.0% | Unchanged |
| Jun 1, 2005 | Jun 17, 2005 | $0.0786 | +15.8% | Raise |
| Mar 2, 2005 | Mar 18, 2005 | $0.0679 | +0.0% | Unchanged |
| Dec 1, 2004 | Dec 17, 2004 | $0.0679 | +0.0% | Unchanged |
| Sep 1, 2004 | Sep 17, 2004 | $0.0679 | +0.0% | Unchanged |
| Jun 2, 2004 | Jun 18, 2004 | $0.0679 | +11.8% | Raise |
| Mar 3, 2004 | Mar 19, 2004 | $0.0608 | +0.0% | Unchanged |
| Dec 3, 2003 | Dec 19, 2003 | $0.0608 | +0.0% | Unchanged |
| Sep 3, 2003 | Sep 19, 2003 | $0.0608 | +0.0% | Unchanged |
| Jun 4, 2003 | Jun 20, 2003 | $0.0608 | +104.0% | Raise |
| Mar 5, 2003 | Mar 21, 2003 | $0.0298 | +0.0% | Unchanged |
| Dec 4, 2002 | Dec 20, 2002 | $0.0298 | +25.0% | Raise |
| Sep 4, 2002 | Sep 20, 2002 | $0.0238 | +0.0% | Unchanged |
| Jun 5, 2002 | Jun 21, 2002 | $0.0238 | +0.0% | Unchanged |
| Feb 27, 2002 | Mar 15, 2002 | $0.0238 | +0.0% | Unchanged |
| Dec 5, 2001 | Dec 21, 2001 | $0.0238 | +14.3% | Raise |
| May 30, 2001 | Jun 15, 2001 | $0.0208 | +0.0% | Unchanged |
| Feb 28, 2001 | Mar 16, 2001 | $0.0208 | +0.0% | Unchanged |
| Nov 29, 2000 | Dec 15, 2000 | $0.0208 | +9.4% | Raise |
| Aug 30, 2000 | Sep 15, 2000 | $0.0191 | +0.0% | Unchanged |
| May 31, 2000 | Jun 16, 2000 | $0.0191 | +0.0% | Unchanged |
| Mar 1, 2000 | Mar 17, 2000 | $0.0191 | +0.0% | Unchanged |
| Dec 1, 1999 | Dec 17, 1999 | $0.0191 | +6.7% | Raise |
| Sep 1, 1999 | Sep 17, 1999 | $0.0179 | +0.0% | Unchanged |
| Jun 2, 1999 | Jun 18, 1999 | $0.0179 | +0.0% | Unchanged |
| Feb 24, 1999 | Mar 12, 1999 | $0.0179 | +0.0% | Unchanged |
| Dec 2, 1998 | Dec 18, 1998 | $0.0179 | +7.1% | Raise |
| Sep 2, 1998 | Sep 18, 1998 | $0.0167 | +0.0% | Unchanged |
| Jun 3, 1998 | Jun 19, 1998 | $0.0167 | +0.0% | Unchanged |
| Feb 25, 1998 | Mar 13, 1998 | $0.0167 | +0.0% | Unchanged |
| Dec 3, 1997 | Dec 19, 1997 | $0.0167 | +11.4% | Raise |
| Sep 3, 1997 | Sep 19, 1997 | $0.0150 | +0.0% | Unchanged |
| Jun 4, 1997 | Jun 20, 1997 | $0.0150 | +0.0% | Unchanged |
| Feb 24, 1997 | Mar 13, 1997 | $0.0150 | +0.0% | Unchanged |
| Dec 3, 1996 | Dec 19, 1996 | $0.0150 | +10.0% | Raise |
| Sep 3, 1996 | Sep 19, 1996 | $0.0136 | +0.0% | Unchanged |
| Jun 4, 1996 | Jun 20, 1996 | $0.0136 | +0.0% | Unchanged |
| Feb 22, 1996 | Mar 11, 1996 | $0.0136 | +0.0% | Unchanged |
| Dec 4, 1995 | Dec 21, 1995 | $0.0136 | +8.1% | Raise |
| Aug 31, 1995 | Sep 20, 1995 | $0.0126 | +0.0% | Unchanged |
| Jun 2, 1995 | Jun 23, 1995 | $0.0126 | +0.0% | Unchanged |
| Feb 16, 1995 | Mar 10, 1995 | $0.0126 | +0.0% | Unchanged |
| Nov 30, 1994 | Dec 21, 1994 | $0.0126 | +5.7% | Raise |
| Aug 29, 1994 | Sep 15, 1994 | $0.0119 | +0.0% | Unchanged |
| Jun 2, 1994 | Jun 20, 1994 | $0.0119 | +0.0% | Unchanged |
| Feb 17, 1994 | Mar 10, 1994 | $0.0119 | +0.0% | Unchanged |
| Dec 1, 1993 | Dec 21, 1993 | $0.0119 | +16.7% | Raise |
| Aug 27, 1993 | Sep 17, 1993 | $0.0102 | +0.0% | Unchanged |
| Jun 2, 1993 | Jun 18, 1993 | $0.0102 | +0.0% | Unchanged |
| Feb 22, 1993 | Mar 12, 1993 | $0.0102 | +0.0% | Unchanged |
| Dec 1, 1992 | Dec 21, 1992 | $0.0102 | +20.0% | Raise |
| Aug 28, 1992 | Sep 16, 1992 | $0.0085 | +0.0% | Unchanged |
| May 29, 1992 | Jun 18, 1992 | $0.0085 | +0.0% | Unchanged |
| Feb 20, 1992 | Mar 12, 1992 | $0.0085 | +0.0% | Unchanged |
| Dec 2, 1991 | Dec 20, 1991 | $0.0085 | +25.0% | Raise |
| Aug 27, 1991 | Sep 16, 1991 | $0.0068 | +0.0% | Unchanged |
| May 29, 1991 | Jun 18, 1991 | $0.0068 | +0.0% | Unchanged |
| Feb 20, 1991 | Mar 12, 1991 | $0.0068 | +0.0% | Unchanged |
| Dec 3, 1990 | Dec 21, 1990 | $0.0068 | +53.9% | Raise |
| Aug 28, 1990 | Sep 17, 1990 | $0.0044 | +0.0% | Unchanged |
| May 30, 1990 | Jun 19, 1990 | $0.0044 | +0.0% | Unchanged |
| Feb 21, 1990 | Mar 13, 1990 | $0.0044 | +0.0% | Unchanged |
| Dec 1, 1989 | Dec 21, 1989 | $0.0044 | +30.0% | Raise |
| Aug 28, 1989 | Sep 15, 1989 | $0.0034 | +0.0% | Unchanged |
| May 24, 1989 | Jun 14, 1989 | $0.0034 | +25.0% | Raise |
| Feb 22, 1989 | Mar 14, 1989 | $0.0027 | +0.0% | Unchanged |
| Dec 1, 1988 | Dec 21, 1988 | $0.0027 | +48.2% | Raise |
| Aug 26, 1988 | Sep 15, 1988 | $0.0018 | +0.0% | Unchanged |
| May 31, 1988 | Jun 20, 1988 | $0.0018 | +0.0% | Unchanged |
| Feb 23, 1988 | Mar 14, 1988 | $0.0018 | +0.0% | Unchanged |
| Dec 1, 1987 | Dec 21, 1987 | $0.0018 | +50.0% | Raise |
| Aug 25, 1987 | Sep 15, 1987 | $0.0012 | +0.0% | Unchanged |
| Jun 1, 1987 | Jun 19, 1987 | $0.0012 | +0.0% | Unchanged |
| Feb 24, 1987 | Mar 16, 1987 | $0.0012 | — | First |
SLM dividend history — FAQ
How much is SLM's dividend?
As of Oct 18, 2026, SLM's most recent dividend was $0.1300 per share, with an ex-dividend date of Sep 4, 2026 and a pay date of Sep 15, 2026. Over the last 12 months it paid $0.5200 per share across 4 payments, a trailing yield of 2.38%.
How often does SLM pay a dividend?
SLM Corporation pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.
When is SLM's next dividend?
SLM's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.
Has SLM ever cut its dividend?
No regular-payment reduction appears in the 123 payments on record since 1987.
How much did SLM pay in dividends in 2025?
SLM paid $0.5200 per share across 4 payments in 2025, up 13.0% from 2024.
What was SLM's total return including dividends over the last year?
Over the 12 months to Oct 18, 2026, SLM paid $0.5200 per share, 2.02% of its price a year earlier, while its price moved -15.1%. That is an approximate total return of -13.1% before taxes and reinvestment.
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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to SLM