SLM Corporation Stock Dividends
SLMBP pays dividends quarterly. Last paid amount was $1.86 at Mar 15, 2024. As of today, dividend yield (TTM) is 10.96%.
Dividend Yield Range
AI Analysis of SLMBP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 10.96% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 9.32% |
| Payout Ratio | 0 |
| Amount Per Share | $1.86 |
| Next Ex-Dividend Date | Jun 06, 2024 |
| Next Payment Date | Jun 17, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SLMBP the purchase should be done within the next 30 days.
Here's a simple guide on how to buy SLMBP stock.
SLMBP Dividend Payout History
To ensure a understanding of SLMBP'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 06, 2024 | Jun 06, 2024 | Jun 17, 2024 | $1.90 | 2.49% |
| 2 | Jan 23, 2024 | Mar 01, 2024 | Mar 15, 2024 | $1.86 | 2.55% |
| 3 | Oct 24, 2023 | Dec 01, 2023 | Dec 15, 2023 | $1.86 | 2.73% |
| 4 | Jul 25, 2023 | Aug 31, 2023 | Sep 15, 2023 | $1.84 | 2.96% |
| 5 | Apr 25, 2023 | Jun 01, 2023 | Sep 15, 2023 | $1.70 | 2.72% |
| 6 | Jan 24, 2023 | Mar 02, 2023 | Mar 15, 2023 | $1.61 | 2.86% |
| 7 | Oct 25, 2022 | Dec 01, 2022 | Dec 15, 2022 | $1.31 | 2.29% |
| 8 | Jul 26, 2022 | Sep 01, 2022 | Sep 15, 2022 | $0.95 | 1.64% |
| 9 | Apr 25, 2022 | Jun 02, 2022 | Jun 15, 2022 | $0.661 | 1.18% |
| 10 | Jan 25, 2022 | Mar 03, 2022 | Mar 15, 2022 | $0.478 | 0.87% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SLMBP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SLMBP 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 SLMBP stock here.
Comparing SLMBP to Sector and Country
SLMBP pays a solid dividend yield of 10.96%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). SLMBP’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.
SLMBP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| SLM Corporation | 4.76B | $1.86 | 10.96% | 15.56% | |
| Wintrust Financial Corporation | 6.181B | $0.410 | 7.35% | 14.97% | |
| Enstar Group Ltd Depositary Shs Repr 1/1000th 7 % Non-Cum Red Perp Pfd Rg Series E | 4.469B | $0.438 | 7.32% | 3.36% | |
| First Hawaiian Inc. | 2.768B | $0.260 | 5.21% | 44.76% | |
| 360 Finance, Inc. | 3.128B | - | 3.34% | - | |
| ServisFirst Bancshares | 3.358B | $0.300 | 1.66% | 15.36% | |
| Ameris Bancorp | 3.359B | $0.150 | 1.43% | 10.98% | |
| Kinsale Capital Group Inc | 8.685B | $0.150 | 0.143% | 3.76% | |
| Goosehead Insurance Inc. Class A | 1.482B | $1.63 | 0% | 68.48% |
