SLM Dividend History & Analysis | 2.1% Yield

SLM has a dividend yield of 2.1% and paid 0.52 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.11%
Payout Ratio 14.4%
Growth Rate CAGR 5y 6.9%
Consistency Lifetime 99.2%
Yield on Cost 5y 2.9%
Payout FCF 108.1%
Streak Years 5
Dividend Rating 59.1%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Consumer Finance

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
OMF 6,748 M 7.40% 11.35%
JCAP 962 M 5.11% 5.45%
KSPI 15,824 M 4.48% 4.84%
SYF 25,097 M 1.65% 2.79%
COF 124,844 M 1.47% 2.12%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
LX 330 M 57.93% 100.0%
QFIN 1,898 M 47.43% 96.7%
AXP 232,496 M 16.80% 100.0%
FINV 1,180 M 11.08% 100.0%
KSPI 15,824 M 13.88% 67.5%
Quality Dividend Peers in Consumer Finance PRG PROG Holdings
1.78% Yield
SLM Dividend History: Last 20 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-04 2026-06-04 2026-06-15 Quarterly 0.13 0% 0.593%
2026-03-05 2026-03-05 2026-03-16 Quarterly 0.13 0% 0.667%
2025-12-04 2025-12-04 2025-12-15 Quarterly 0.13 0% 0.434%
2025-09-04 2025-09-04 2025-09-15 Quarterly 0.13 0% 0.42%
2025-06-05 2025-06-05 2025-06-16 Quarterly 0.13 0% 0.405%
2025-03-05 2025-03-05 2025-03-17 Quarterly 0.13 0% 0.449%
2024-12-05 2024-12-05 2024-12-16 Quarterly 0.13 +18.2% 0.485%
2024-09-05 2024-09-05 2024-09-16 Quarterly 0.11 0% 0.515%
2024-06-06 2024-06-06 2024-06-17 Quarterly 0.11 0% 0.526%
2024-03-01 2024-03-04 2024-03-15 Quarterly 0.11 0% 0.531%
2023-12-01 2023-12-04 2023-12-15 Quarterly 0.11 0% 0.739%
2023-08-31 2023-09-01 2023-09-15 Quarterly 0.11 0% 0.771%
2023-06-01 2023-06-02 2023-06-15 Quarterly 0.11 0% 0.724%
2023-03-02 2023-03-03 2023-03-15 Quarterly 0.11 0% 0.793%
2022-12-01 2022-12-02 2022-12-15 Quarterly 0.11 0% 0.63%
2022-09-01 2022-09-02 2022-09-15 Quarterly 0.11 0% 0.731%
2022-06-02 2022-06-03 2022-06-15 Quarterly 0.11 0% 0.579%
2022-03-03 2022-03-04 2022-03-15 Quarterly 0.11 0% 0.57%
2021-12-02 2021-12-03 2021-12-15 Quarterly 0.11 +266.7% 0.608%
2021-09-02 2021-09-03 2021-09-15 Quarterly 0.03 0% 0.164%

SLM Dividend FAQ

What is the Dividend Yield of SLM?

As of June 2026, SLM's dividend yield is 2.11%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.52 USD by the current share price of 23.03.

Does SLM pay a dividend?

As of June 2026, SLM paid a dividend of 0.52 USD in the last 12 months. The last dividend was paid on 2026-06-04 and the payout was 0.13 USD.

How often does SLM pay dividends?

SLM pays dividends quarterly. Over the last 12 months, SLM has issued 4 dividend payments. The last dividend payment was made on 2026-06-04.

SLM dividend forecast

Based on historical data, the forecasted dividends per share for SLM for the next payments are between 0.131 (+0.8%) and 0.15 (+15.4%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 2.45%.

Will SLM pay dividends in 2026?

The latest dividend paid per share was 0.13 USD with an Ex-Dividend Date of 2026-06-04. The next Ex-Dividend date for SLM (SLM) is currently unknown.

What is the next Ex-Dividend Date for SLM?

The next Ex-Dividend date for SLM (SLM) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SLM?

SLM's average dividend growth rate over the past 5 years is 6.88% per year. Strong growth: SLM's dividend growth is outpacing inflation.

What is the Yield on Cost of SLM?

SLM's 5-Year Yield on Cost is 2.90%. If you bought SLM's shares at 17.94 USD five years ago, your current annual dividend income (0.52 USD per share, trailing 12 months) equals 2.90% of your original purchase price.

What is the Payout Consistency of SLM?

SLM Payout Consistency is 99.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: SLM has a strong track record of consistent dividend payments over its lifetime.

Does SLM have a good Dividend Yield?

SLM's 2.11% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SLM?

The Dividend Payout Ratio of SLM is 14.4%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of SLM?

SLM's Overall Dividend Rating is 59.10%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SLM Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in SLM's Outstanding Shares?

SLM's outstanding shares have decreased by approximately 5.84% annually over the past 3 years (Trend Reliability: -86.7%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has SLM ever had a Stock Split?

Yes, the last stock split was on May 1, 2014 with a ratio of 2798:1000. This was a forward split: Each share became 2.8 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 1,082,688,000 0%
1986 1,000,598,000 -7.58%
1987 971,670,000 -2.89%
1988 951,123,000 -2.11%
1989 998,894,000 +5.02%
1990 1,026,481,000 +2.76%
1991 975,976,000 -4.92%
1992 943,524,000 -3.33%
1993 912,913,000 -3.24%
1994 826,709,000 -9.44%
1995 694,224,000 -16.03%
1996 579,992,000 -16.45%
1997 515,330,000 -11.15%
1998 488,202,000 -5.26%
1999 471,591,000 -3.4%
2000 489,153,000 +3.72%
2001 466,887,000 -4.55%
2002 456,582,000 -2.21%
2003 442,664,000 -3.05%
2004 420,924,000 -4.91%
2005 412,675,000 -1.96%
2006 411,040,000 -0.4%
2007 308,154,000 -25.03%
2008 466,692,000 +51.45%
2009 521,740,000 +11.8%
2010 528,862,000 +1.37%
2011 514,000,000 -2.81%
2012 448,684,200 -12.71%
2013 429,230,800 -4.34%
2014 432,108,000 +0.67%
2015 431,531,000 -0.13%
2016 435,419,000 +0.9%
2017 438,932,000 +0.81%
2018 440,264,000 +0.3%
2019 425,042,000 -3.46%
2020 380,653,000 -10.44%
2021 292,756,000 -23.09%
2022 244,615,000 -16.44%
2023 226,552,000 -7.38%
2024 216,220,000 -4.56%
2025 207,155,000 -4.19%
2026 197,875,000 -4.48%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-18 07:28 UTC