Slm Corp stock went up by 13.57 % during the preceding 30 days, this brings the share price to 4.16% during the Q4 of 2024. SLM stock is gaining momentum, and is only 4.4% shy off $23.95 it's 52 week high.
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Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock: A Financial Analysis and Comparison in the Education Sector As of third-quarter 2024, Sallie Mae (Nasdaq: SLM) has announced dividends on its Preferred Stock Series B and common stock, continuing to prioritize its investors while maintaining a focus on education and financial growth. This announcement comes at a time when the company has seen an increase in earnings per share, resulting in a decrease in the dividend payout ratio. With the earnings on the rise and the payout ratio remaining below the company's average, investors may wonder if Sallie Mae will consider increasing its dividend in the near future. Looking at Sallie Mae's performance compared to its peers in the financial sector, it is evident that there are 403 companies with higher 12 Months dividend payout ratios. Despite this, Sallie Mae Corporation still ranks higher than 550 companies as of the fourth quarter of 2023, maintaining a strong position in the industry.
Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock, Shares Soar 10.68% in Past Week Sallie Mae, a leading provider of student loans and financial services, recently announced dividends on its Preferred Stock Series B and common stock for the third quarter of 2024. The company declared a dividend of $1.8467034 per share for its Preferred Stock Series B and $0.11 per share for its common stock. Both dividends will be paid on September 16, 2024, to stockholders of record as of September 5, 2024. With this news, SLM Corporation's shares have seen a significant increase of 10.68% over the past seven days, bringing the share price up by 10.62% in the third quarter of 2024. Additionally, the company's shares have reached their 52-week high, showing strong performance and investor confidence.
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