SLM Dividend History & Yield Analysis
SLM has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.
Yield & Payout Metrics
Yields calculated against a market price of $27.28.
Annual Dividend History
- 2026$0.26002 pmts
- 2025$0.52004 pmts
- 2024$0.46004 pmts
- 2023$0.44004 pmts
- 2022$0.44004 pmts
- 2021$0.20004 pmts
- 2020$0.12004 pmts
- 2019$0.12004 pmts
- 2014$0.05361 pmt
- 2013$0.21444 pmts
- 2012$0.17884 pmts
- 2011$0.10713 pmts
- 2007$0.08941 pmt
- 2006$0.34684 pmts
- 2005$0.30374 pmts
- 2004$0.26454 pmts
- 2003$0.21224 pmts
- 2002$0.10124 pmts
- 2001$0.02381 pmt
SLM Payout History & Ex-Dividend Dates
| Ex-dividend date | Pay date | Amount / share |
|---|---|---|
| 2026-06-01 | 2026-06-04 | $0.1300 |
| 2026-03-01 | 2026-03-05 | $0.1300 |
| 2025-12-01 | 2025-12-04 | $0.1300 |
| 2025-09-01 | 2025-09-04 | $0.1300 |
| 2025-06-01 | 2025-06-05 | $0.1300 |
| 2025-03-01 | 2025-03-05 | $0.1300 |
| 2024-12-01 | 2024-12-05 | $0.1300 |
| 2024-09-01 | 2024-09-05 | $0.1100 |
| 2024-06-01 | 2024-06-06 | $0.1100 |
| 2024-03-01 | 2024-03-01 | $0.1100 |
| 2023-12-01 | 2023-12-01 | $0.1100 |
| 2023-08-01 | 2023-08-31 | $0.1100 |
| 2023-06-01 | 2023-06-01 | $0.1100 |
| 2023-03-01 | 2023-03-02 | $0.1100 |
| 2022-12-01 | 2022-12-01 | $0.1100 |
| 2022-09-01 | 2022-09-01 | $0.1100 |
| 2022-06-01 | 2022-06-02 | $0.1100 |
| 2022-03-01 | 2022-03-03 | $0.1100 |
| 2021-12-01 | 2021-12-02 | $0.1100 |
| 2021-09-01 | 2021-09-02 | $0.0300 |
| 2021-06-01 | 2021-06-03 | $0.0300 |
| 2021-03-01 | 2021-03-04 | $0.0300 |
| 2020-12-01 | 2020-12-03 | $0.0300 |
| 2020-09-01 | 2020-09-03 | $0.0300 |
| 2020-06-01 | 2020-06-04 | $0.0300 |
| 2020-03-01 | 2020-03-05 | $0.0300 |
| 2019-12-01 | 2019-12-05 | $0.0300 |
| 2019-09-01 | 2019-09-05 | $0.0300 |
| 2019-06-01 | 2019-06-06 | $0.0300 |
| 2019-03-01 | 2019-03-04 | $0.0300 |
| 2014-03-01 | 2014-03-05 | $0.0536 |
| 2013-12-01 | 2013-12-04 | $0.0536 |
| 2013-09-01 | 2013-09-04 | $0.0536 |
| 2013-06-01 | 2013-06-05 | $0.0536 |
| 2013-02-01 | 2013-02-27 | $0.0536 |
| 2012-12-01 | 2012-12-05 | $0.0447 |
| 2012-09-01 | 2012-09-05 | $0.0447 |
| 2012-05-01 | 2012-05-30 | $0.0447 |
| 2012-02-01 | 2012-02-29 | $0.0447 |
| 2011-11-01 | 2011-11-30 | $0.0357 |
| 2011-08-01 | 2011-08-31 | $0.0357 |
| 2011-06-01 | 2011-06-01 | $0.0357 |
| 2007-02-01 | 2007-02-28 | $0.0894 |
| 2006-11-01 | 2006-11-29 | $0.0894 |
| 2006-08-01 | 2006-08-30 | $0.0894 |
| 2006-05-01 | 2006-05-31 | $0.0894 |
| 2006-03-01 | 2006-03-01 | $0.0786 |
| 2005-11-01 | 2005-11-30 | $0.0786 |
| 2005-08-01 | 2005-08-31 | $0.0786 |
| 2005-06-01 | 2005-06-01 | $0.0786 |
| 2005-03-01 | 2005-03-02 | $0.0679 |
| 2004-12-01 | 2004-12-01 | $0.0679 |
| 2004-09-01 | 2004-09-01 | $0.0679 |
| 2004-06-01 | 2004-06-02 | $0.0679 |
| 2004-03-01 | 2004-03-03 | $0.0608 |
| 2003-12-01 | 2003-12-03 | $0.0608 |
| 2003-09-01 | 2003-09-03 | $0.0608 |
| 2003-06-01 | 2003-06-04 | $0.0608 |
| 2003-03-01 | 2003-03-05 | $0.0298 |
| 2002-12-01 | 2002-12-04 | $0.0298 |
Does SLM pay dividends?
Yes. SLM pays on a quarterly schedule, most recently $0.1300 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.
How the SLM yield is calculated
The trailing yield divides the last twelve months of dividends per share ($0.5200) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the SLM DCF fair value page for the cash flow behind it.