SLM Corporation
SLMBPFinancial Services · Stock · quarterly payer
$74.35
Add to PortfolioForward Yield
8.01%
Annual Dividend
$5.96
Payout Ratio
—
5-Yr Growth
22.3%
Ex-Date
Jun 4, 2026
Frequency
Quarterly
SLMBP Dividend Safety Score
50/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Balance-sheet strengthDebt/equity of 2.53
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is SLMBP a good dividend stock?
MixedSLM Corporation (SLMBP) pays a quarterly dividend yielding 8.01% ($5.96/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 22.3% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 8.01%
- Payout Ratio
- —
- Annual Dividend
- $5.96
- 5-Yr Avg Growth
- 22.3%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.99
- Market Cap
- —
- P/E Ratio
- 34.7
- 5-Yr Total Return
- 21%
- 52-Week Range
- $70.58 – $83.05
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 4, 2026 | — | $1.4270 | regular |
| Mar 5, 2026 | — | $1.4330 | regular |
| Dec 4, 2025 | — | $1.5120 | regular |
| Sep 4, 2025 | — | $1.5850 | regular |
| Jun 5, 2025 | — | $1.5820 | regular |
| Mar 5, 2025 | — | $1.5950 | regular |
| Dec 5, 2024 | — | $1.7450 | regular |
| Sep 5, 2024 | — | $1.8470 | regular |
| Jun 6, 2024 | — | $1.9040 | regular |
| Mar 1, 2024 | — | $1.8550 | regular |
| Dec 1, 2023 | — | $1.8630 | regular |
| Aug 31, 2023 | — | $1.8420 | regular |
| Jun 1, 2023 | — | $1.6970 | regular |
| Mar 2, 2023 | — | $1.6090 | regular |
Income Calculator
At $5.96 / yr per share
Per payment (quarterly)$149.00
Annual$596.00
Monthly avg$49.67
