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HERNDON, Va. - Navient (NASDAQ:NAVI), a $1.31 billion market cap company, announced Thursday that its board of directors has approved a dividend of $0.16 per share on the company’s common stock for the third quarter of 2025. The company has maintained consistent dividend payments for 15 consecutive years, currently offering a 4.86% yield.
The dividend will be paid on September 19, 2025, to shareholders of record at the close of business on September 5, 2025.
Navient, which specializes in education loan management, provides services including student loan servicing, loan refinancing, and portfolio management. The company trades on the Nasdaq stock exchange under the ticker symbol NAVI.
This announcement was made through a press release statement issued by the company.
In other recent news, Navient Corp reported its Q2 2025 earnings, which fell short of analyst expectations. The company announced an earnings per share (EPS) of $0.20, missing the anticipated $0.29, marking a surprise of -31.03%. Revenue also did not meet forecasts, coming in at $164 million compared to the expected $164.51 million. These results reflect a challenging quarter for Navient, as they failed to meet both earnings and revenue projections. The earnings miss has prompted reactions from investors, indicating concerns about the company’s current financial performance. The discrepancy between actual and forecasted figures highlights the importance of accurate projections in guiding investor expectations.
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