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NEWARK, Del. - Sallie Mae (NASDAQ:SLM) announced on Wednesday its dividend payments for the fourth quarter of 2025. The student loan provider, currently valued at $5.6 billion, will distribute $1.5121799 per share on its Preferred Stock Series B and $0.13 per share on its common stock. The common stock dividend represents a yield of 2.02%, showing an impressive growth of 18.2% from the previous year.
Both dividends will be paid on December 15, 2025, to stockholders of record as of December 4, 2025, according to a company press release.
Sallie Mae, formally known as SLM Corporation, is a private student lending company that provides financing and resources to support access to college education. The company also offers products and services to help customers achieve goals beyond college.
The dividend announcement comes as part of the company’s regular quarterly financial activities. With analysts predicting continued profitability and setting a consensus target suggesting potential upside, investors seeking detailed analysis can access comprehensive financial metrics and additional ProTips through InvestingPro’s exclusive research report. Sallie Mae trades on the Nasdaq stock exchange under the ticker symbol SLM.
In other recent news, Sallie Mae (SLM Corp) reported its earnings for the second quarter of 2025, revealing a GAAP diluted earnings per share of $0.32. The company also achieved a net interest income of $377 million, which is a $5 million increase compared to the previous year. Despite a notable rise in provisions for credit losses, Sallie Mae’s stock saw a 4.9% increase, closing at $25.50. The company expressed optimism about the growth potential in its private education loan portfolio, citing opportunities arising from federal student loan reforms. These developments highlight the company’s focus on leveraging market changes to drive future growth.
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