SLMBP Dividend History & Yield

SLM Corporation · NasdaqGS

Stock Financial Services Quarterly payer High yield
$74.75
+1.12% today
as of Sep 9, 2026
TTM yield
7.77%
$5.811/share over the last 12 months
Forward yield
7.70%
$5.756/share indicated annual rate
Annual dividend
$5.756
per share, forward
Per payment
$1.439
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 4, 2026 Estimated
in 86 days
Next pay date
Dec 15, 2026
in 97 days
Last ex-dividend date
Sep 4, 2026
$1.439 per share
Payout ratio
n/a
not available
Market cap
n/a
P/E 34.8
5y dividend CAGR
+24.8%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
21.0
since Aug 31, 2005
1y total return
+5.8%
price -1.8% + dividends 7.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Dec 4, 2026 (in 86 days) Dec 15, 2026 $1.439 $143.90 Estimated
Fri, Mar 5, 2027 (in 177 days) Mar 16, 2027 $1.439 $143.90 Estimated
Fri, Jun 4, 2027 (in 268 days) Jun 15, 2027 $1.439 $143.90 Estimated
Fri, Sep 3, 2027 (in 359 days) Sep 14, 2027 $1.439 $143.90 Estimated

Estimated dates and amounts are projected from SLMBP's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.756 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 1, 2016 to Sep 4, 2026; most recent $1.439$0.00$1.00$2.00Dec 1, 2016: $0.646Dec '16Mar 1, 2017: $0.668Jun 1, 2017: $0.725Aug 30, 2017: $0.754Dec 4, 2017: $0.764Mar 2, 2018: $0.825Mar '18Jun 4, 2018: $0.983Sep 6, 2018: $1.054Dec 6, 2018: $1.02Mar 4, 2019: $1.10Jun 6, 2019: $1.127Jun '19Sep 5, 2019: $1.037Dec 5, 2019: $0.971Mar 5, 2020: $0.91Jun 4, 2020: $0.643Sep 3, 2020: $0.516Sep '20Dec 3, 2020: $0.49Mar 4, 2021: $0.48Jun 3, 2021: $0.483Sep 2, 2021: $0.465Dec 2, 2021: $0.46Dec '21Mar 3, 2022: $0.478Jun 2, 2022: $0.661Sep 1, 2022: $0.946Dec 1, 2022: $1.31Mar 2, 2023: $1.609Mar '23Jun 1, 2023: $1.697Aug 31, 2023: $1.842Dec 1, 2023: $1.863Mar 1, 2024: $1.855Jun 6, 2024: $1.904Jun '24Sep 5, 2024: $1.847Dec 5, 2024: $1.745Mar 5, 2025: $1.595Jun 5, 2025: $1.582Sep 4, 2025: $1.585Sep '25Dec 4, 2025: $1.512Mar 5, 2026: $1.433Jun 4, 2026: $1.427Sep 4, 2026: $1.439

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$4.00$8.002017: $2.911$2.91120172018: $3.882$3.88220182019: $4.235$4.23520192020: $2.559$2.55920202021: $1.888$1.88820212022: $3.395$3.39520222023: $7.011$7.01120232024: $7.351$7.35120242025: $6.274$6.27420252026 (YTD): $4.299$4.2992026 YTD

How much SLMBP do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month209$15,584$1,200
$500 / month1,043$77,919$6,000
$1,000 / month2,085$155,837$12,000

Based on the forward yield of 7.70%. $10,000 in SLMBP would currently pay about $770 a year ($64 a month on average). Model reinvestment and growth →

SLMBP dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 4, 2026 Sep 15, 2026 $1.439 +0.8%
Jun 4, 2026 Jun 15, 2026 $1.427 -0.4%
Mar 5, 2026 Mar 16, 2026 $1.433 -5.2%
Dec 4, 2025 Dec 15, 2025 $1.512 -4.6%
Sep 4, 2025 Sep 15, 2025 $1.585 +0.2%
Jun 5, 2025 Jun 16, 2025 $1.582 -0.8%
Mar 5, 2025 Mar 17, 2025 $1.595 -8.6%
Dec 5, 2024 Dec 16, 2024 $1.745 -5.5%
Sep 5, 2024 Sep 16, 2024 $1.847 -3.0%
Jun 6, 2024 Jun 17, 2024 $1.904 +2.6%
Mar 1, 2024 Mar 15, 2024 $1.855 -0.4%
Dec 1, 2023 Dec 15, 2023 $1.863 +1.1%
Aug 31, 2023 Sep 15, 2023 $1.842 +8.5%
Jun 1, 2023 Jun 15, 2023 $1.697 +5.5%
Mar 2, 2023 Mar 15, 2023 $1.609 +22.8%
Dec 1, 2022 Dec 15, 2022 $1.31 +38.5%
Sep 1, 2022 Sep 15, 2022 $0.946 +43.1%
Jun 2, 2022 Jun 15, 2022 $0.661 +38.3%
Mar 3, 2022 Mar 15, 2022 $0.478 +3.9%
Dec 2, 2021 Dec 15, 2021 $0.46 -1.1%
Sep 2, 2021 Sep 15, 2021 $0.465 -3.7%
Jun 3, 2021 Jun 15, 2021 $0.483 +0.6%
Mar 4, 2021 Mar 15, 2021 $0.48 -2.0%
Dec 3, 2020 Dec 15, 2020 $0.49 -5.0%
Sep 3, 2020 Sep 15, 2020 $0.516 -19.8%
Jun 4, 2020 Jun 15, 2020 $0.643 -29.3%
Mar 5, 2020 Mar 16, 2020 $0.91 -6.3%
Dec 5, 2019 Dec 16, 2019 $0.971 -6.4%
Sep 5, 2019 Sep 16, 2019 $1.037 -8.0%
Jun 6, 2019 Jun 17, 2019 $1.127 +2.5%
Mar 4, 2019 Mar 15, 2019 $1.10 +7.8%
Dec 6, 2018 Dec 17, 2018 $1.02 -3.2%
Sep 6, 2018 Sep 17, 2018 $1.054 +7.2%
Jun 4, 2018 Jun 15, 2018 $0.983 +19.2%
Mar 2, 2018 Mar 15, 2018 $0.825 +8.0%
Dec 4, 2017 Dec 15, 2017 $0.764 +1.3%
Aug 30, 2017 Sep 15, 2017 $0.754 +4.0%
Jun 1, 2017 Jun 15, 2017 $0.725 +8.5%
Mar 1, 2017 Mar 15, 2017 $0.668 +3.4%
Dec 1, 2016 Dec 15, 2016 $0.646 +7.3%
Aug 31, 2016 Sep 15, 2016 $0.602 +0.7%
Jun 1, 2016 Jun 15, 2016 $0.598 +6.6%
Mar 2, 2016 Mar 15, 2016 $0.561 +8.9%
Dec 2, 2015 Dec 15, 2015 $0.515 +1.4%
Sep 2, 2015 Sep 15, 2015 $0.508 +2.0%
Jun 3, 2015 Jun 15, 2015 $0.498 +1.4%
Mar 4, 2015 Mar 16, 2015 $0.491 +0.4%
Dec 3, 2014 Dec 15, 2014 $0.489 +0.2%
Sep 3, 2014 Sep 15, 2014 $0.488 -0.2%
Jun 4, 2014 Jun 16, 2014 $0.489 -0.4%
Mar 5, 2014 Mar 17, 2014 $0.491 -0.6%
Dec 4, 2013 Dec 16, 2013 $0.494 -1.0%
Sep 4, 2013 Sep 16, 2013 $0.499 -3.5%
Jun 5, 2013 $0.517 +5.3%
Mar 1, 2013 $0.491 -6.8%
Dec 5, 2012 $0.527 -6.9%
Sep 5, 2012 $0.566 +2.0%
Jun 1, 2012 $0.555 -2.6%
Mar 1, 2012 $0.57 +10.0%
Dec 1, 2011 Dec 15, 2011 $0.518 +4.2%
Aug 31, 2011 Sep 15, 2011 $0.497 +92.6%
Jun 1, 2011 Jun 15, 2011 $0.258 +3.2%
Mar 2, 2011 Mar 15, 2011 $0.25 -0.4%
Dec 1, 2010 Dec 15, 2010 $0.251 -20.6%
Sep 1, 2010 Sep 15, 2010 $0.316 +29.0%
Jun 2, 2010 Jun 15, 2010 $0.245 +2.9%
Mar 3, 2010 Mar 15, 2010 $0.238 -5.6%
Dec 2, 2009 Dec 15, 2009 $0.252 -25.4%
Sep 2, 2009 Sep 15, 2009 $0.338 -33.7%
Jun 3, 2009 Jun 15, 2009 $0.51 -23.1%
Mar 4, 2009 $0.663 -25.4%
Dec 3, 2008 Dec 15, 2008 $0.889 +0.1%
Sep 3, 2008 Sep 15, 2008 $0.888 +1.4%
Jun 4, 2008 Jun 16, 2008 $0.876 -38.8%
Mar 5, 2008 Mar 17, 2008 $1.432 -10.7%
Dec 5, 2007 Dec 17, 2007 $1.604 +1.4%
Sep 5, 2007 Sep 17, 2007 $1.582 +2.3%
Jun 1, 2007 Jun 15, 2007 $1.546 +2.0%
Mar 1, 2007 Mar 15, 2007 $1.515 -1.6%
Dec 1, 2006 Dec 15, 2006 $1.539 -0.3%
Aug 31, 2006 Sep 15, 2006 $1.544 +7.6%
Jun 1, 2006 Jun 15, 2006 $1.435 +10.6%
Mar 1, 2006 Mar 15, 2006 $1.298 +12.3%
Nov 30, 2005 Dec 15, 2005 $1.156 +3.3%
Aug 31, 2005 Sep 15, 2005 $1.119

SLMBP dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 5, 2026 Cut 5.2% $1.512 $1.433 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

SLMBP scores 10/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Yield above 7%

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About SLM Corporation

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Sector: Financial Services. Industry: Credit Services. First dividend on our records: Aug 31, 2005. 85 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

SLMBP dividend FAQ

When is SLMBP's next ex-dividend date?

SLMBP's next ex-dividend date is Dec 4, 2026 (in 86 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.439 per share, expected on Dec 15, 2026.

How often does SLMBP pay dividends?

SLMBP pays dividends every quarter, 4 times a year. The most recent payment was $1.439 per share with an ex-date of Sep 4, 2026.

What is SLMBP's dividend yield?

SLMBP's trailing 12-month dividend yield is 7.77%, based on $5.811 per share paid over the last year and a share price of $74.75. The forward yield, using the indicated annual rate of $5.756 per share, is 7.70%.

How much does SLMBP pay per share?

SLMBP pays about $1.439 per share each quarter, which works out to roughly $5.756 per share a year. 100 shares would collect about $575.60 a year.

Has SLMBP grown or cut its dividend?

Over the last 5 years the regular payout has grown at 24.8% a year (-10.7% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of SLMBP do I need to earn $100 a month?

At the current forward yield of 7.70%, you would need about 209 shares of SLMBP (roughly $15,584 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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