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SLM Corporation Stock Dividends Overview

JSM pays dividends quarterly. Last paid amount was $0.375 at Mar 15, 2024. As of today, dividend yield (TTM) is 7.75%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.75%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.375
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jun 17, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from JSM the purchase should be done within the next 38 days.
Here's a simple guide on how to buy JSM stock.

JSM Dividend Payout History

To ensure a understanding of JSM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jun 17, 2024 $0.375 1.94%
2 Jan 11, 2024 Mar 13, 2024 Mar 15, 2024 $0.375 1.78%
3 Sep 28, 2023 Dec 13, 2023 Dec 15, 2023 $0.375 1.93%
4 Aug 05, 2023 Sep 13, 2023 Sep 15, 2023 $0.375 2.07%
5 Aug 05, 2023 Jun 13, 2023 Jun 15, 2023 $0.375 1.97%
6 Jun 12, 2023 Mar 13, 2023 Mar 15, 2023 $0.375 2.03%
7 Sep 07, 2022 Sep 13, 2022 Sep 15, 2022 $0.375 1.69%
8 Apr 22, 2022 Jun 13, 2022 Jun 15, 2022 $0.375 1.80%
9 Mar 11, 2022 Mar 11, 2022 Mar 15, 2022 $0.375 1.66%
10 Sep 13, 2021 Sep 13, 2021 Sep 15, 2021 $0.375 1.49%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (57.37%)

Growth potential

Stable (5.54%)

JSM Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from JSM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in JSM stock here.

Comparing JSM to Sector and Country

JSM pays a solid dividend yield of 7.75%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). JSM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.

JSM Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
JSM
SLM Corporation 5.288B $0.375 7.75% 30.00%
Popular 6.42B $0.620 3.24% 24.71%
SSB
South State Corporation 5.961B $0.520 2.81% 31.60%
BOK Financial Corporation 5.935B $0.550 2.72% 23.68%
SLM
SLM Corporation 4.85B $0.110 2.57% 11.79%
First Financial Bankshares 4.367B $0.180 2.51% 37.88%
Pinnacle Financial Partners 6.232B $0.220 1.62% 11.47%

FAQ

What factors can affect the amount of JSM's dividend payments?
The amount of JSM's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in JSM sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from JSM stock be automatically reinvested?
If JSM offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy JSM stock.

How often does JSM pay dividend?
SLM Corporation (JSM) pays dividends quarterly. The most recent payout was on Mar 15, 2024. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of $0.375.

How much does JSM pays per share?
The last recorder (Mar 13, 2024) dividend per share was $0.375.

What is JSM dividend growth rate?
Over the last year, SLM Corporation has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, SLM Corporation has maintained an average Dividends Per Share Growth Rate of 0%.
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