Press Release: Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Dow Jones

Apr 24, 2025

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

NEWARK, Del.--(BUSINESS WIRE)--April 23, 2025--

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share.

Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 2025.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20250422774471/en/

 
    CONTACT:    Media:

Rick Castellano

302.451.2541

Rick.Castellano@SallieMae.com

Investors:

Kate deLacy

571.438.9574

Kate.deLacy@SallieMae.com

(END) Dow Jones Newswires

April 23, 2025 16:30 ET (20:30 GMT)

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The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share. \n\n\n     Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 2025. \n\n\n     Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. \n\n\n     Category: Corporate and Financial \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250422774471/en/ \n\n\n \n    CONTACT:    Media: \n\n\n     Rick Castellano \n\n\n     302.451.2541 \n\n\n     Rick.Castellano@SallieMae.com \n\n\n     Investors: \n\n\n     Kate deLacy \n\n\n     571.438.9574 \n\n\n     Kate.deLacy@SallieMae.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2025 16:30 ET (20:30 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}