For how long has SLM been paying dividends and how much has it paid in total?

SLM has been paying dividends for 38 years, from 1987 to 2025. Over this period, the company has distributed a total of $3.49 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.

When was SLM's last dividend payment and how much was paid per share?

SLM's most recent dividend payment was $0.13 per share, with an ex-dividend date of June 5, 2025. Investors who owned the stock before this date were entitled to receive this dividend payment.

What was SLM's highest annual dividend payment year and what amount was paid?

SLM's highest annual dividend was paid in 2024, when the company distributed $0.46 per share across 4 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.

How do SLM's dividend payments in 2023 compare to 2024?

Comparing SLM's dividend payments, the company paid $0.44 per share in 2023 versus $0.46 per share in 2024, representing an increase of $0.02. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.

How much would a 10,000 investment in SLM have generated in dividends over the past 10 years?

Over the past 10 years, SLM has paid a total of $2.04 per share in dividends. Based on current stock price estimates, a $10,000 investment would have generated approximately $603.55 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.

SLM (SLM) | Dividend History & Payments | 1987 - 2025

SLM Corporation | Mid-cap | Financial Services

$33.80 1.32% | SLM Stock Comparison:

SLM vs Visa SLM vs Mastercard SLM vs Synchrony Financial SLM vs OneMain Holdings SLM vs Credit Acceptance SLM vs S&P 500 | Market

Overview

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History

Comparison

FAQ

SLM Dividend Key Statistics

SLM has paid $0.50 per share over the last 12 months, representing a current dividend yield of 1.58%. The company's 3-year average dividend yield stands at 0.60%. Over the past 3 years, the company has distributed a total of $1.38 per share in dividends.

Last Ex-Dividend Date i Jun 5, 2025

12-Month Dividend i $0.50

12-Month Div. Yield i 1.58%

3-Year Total Dividend i $1.38

3-Year Avg Dividend i $0.46

3-Year Avg Yield i 0.60%

Last 5Y Dividend i $1.86

All Time Dividend i $3.49

Date Range Feb 1987 - Jun 2025

SLM Yearly Dividend History Chart

Dividend Payment History

Ex-Date	Amount	Yield	Stock Price
Jun 5, 2025	$0.13	0.40%	$32.16
Mar 5, 2025	$0.13	0.44%	$29.46
Dec 5, 2024	$0.13	0.49%	$26.57
Sep 5, 2024	$0.11	0.55%	$20.14
Jun 6, 2024	$0.11	0.53%	$20.57
Mar 1, 2024	$0.11	0.53%	$20.68
Dec 1, 2023	$0.11	0.65%	$16.86
Aug 31, 2023	$0.11	0.75%	$14.64
Jun 1, 2023	$0.11	0.68%	$16.25
Mar 2, 2023	$0.11	0.77%	$14.25
Dec 1, 2022	$0.11	0.64%	$17.20
Sep 1, 2022	$0.11	0.75%	$14.68
Jun 2, 2022	$0.11	0.57%	$19.35
Mar 3, 2022	$0.11	0.63%	$17.50
Dec 2, 2021	$0.11	0.61%	$18.07
Sep 2, 2021	$0.03	0.16%	$18.28
Jun 3, 2021	$0.03	0.15%	$19.92
Mar 4, 2021	$0.03	0.19%	$16.12
Dec 3, 2020	$0.03	0.26%	$11.50
Sep 3, 2020	$0.03	0.39%	$7.66
Jun 4, 2020	$0.03	0.35%	$8.46
Mar 5, 2020	$0.03	0.30%	$9.98
Dec 5, 2019	$0.03	0.35%	$8.57
Sep 5, 2019	$0.03	0.34%	$8.81
Jun 6, 2019	$0.03	0.31%	$9.83

Year	Payments	Total Amount	Avg Amount	Avg Yield
2025	2	$0.26	$0.13	0.84%
2024	4	$0.46	$0.12	2.09%
2023	4	$0.44	$0.11	2.84%
2022	4	$0.44	$0.11	2.56%
2021	4	$0.20	$0.05	1.11%
2020	4	$0.12	$0.03	1.28%
2019	4	$0.12	$0.03	1.27%
2014	1	$0.05	$0.05	0.56%
2013	4	$0.14	$0.04	1.67%
2012	4	$0.08	$0.02	1.43%
2011	3	$0.12	$0.04	2.42%
2007	1	$0.09	$0.09	0.60%
2006	4	$0.35	$0.09	1.90%
2005	4	$0.31	$0.08	1.72%
2004	4	$0.18	$0.04	1.17%
2003	4	$0.05	$0.01	0.36%
2002	4	$0.00	$0.00	0.00%
2001	3	$0.04	$0.01	0.44%
2000	4	$0.04	$0.01	0.82%
1999	4	$0.00	$0.00	0.00%
1998	4	$0.00	$0.00	0.00%
1997	4	$0.00	$0.00	0.00%
1996	4	$0.00	$0.00	0.00%
1995	4	$0.00	$0.00	0.00%
1994	4	$0.00	$0.00	0.00%
1993	4	$0.00	$0.00	0.00%
1992	4	$0.00	$0.00	0.00%
1991	4	$0.00	$0.00	0.00%
1990	4	$0.00	$0.00	0.00%
1989	4	$0.00	$0.00	0.00%
1988	4	$0.00	$0.00	0.00%
1987	4	$0.00	$0.00	0.00%

Complete Dividend Payment History

Ex-Date	Amount	Yield	Stock Price
Jun 5, 2025	$0.13	0.40%	$32.16
Mar 5, 2025	$0.13	0.44%	$29.46
Dec 5, 2024	$0.13	0.49%	$26.57
Sep 5, 2024	$0.11	0.55%	$20.14
Jun 6, 2024	$0.11	0.53%	$20.57
Mar 1, 2024	$0.11	0.53%	$20.68
Dec 1, 2023	$0.11	0.65%	$16.86
Aug 31, 2023	$0.11	0.75%	$14.64
Jun 1, 2023	$0.11	0.68%	$16.25
Mar 2, 2023	$0.11	0.77%	$14.25
Dec 1, 2022	$0.11	0.64%	$17.20
Sep 1, 2022	$0.11	0.75%	$14.68
Jun 2, 2022	$0.11	0.57%	$19.35
Mar 3, 2022	$0.11	0.63%	$17.50
Dec 2, 2021	$0.11	0.61%	$18.07
Sep 2, 2021	$0.03	0.16%	$18.28
Jun 3, 2021	$0.03	0.15%	$19.92
Mar 4, 2021	$0.03	0.19%	$16.12
Dec 3, 2020	$0.03	0.26%	$11.50
Sep 3, 2020	$0.03	0.39%	$7.66
Jun 4, 2020	$0.03	0.35%	$8.46
Mar 5, 2020	$0.03	0.30%	$9.98
Dec 5, 2019	$0.03	0.35%	$8.57
Sep 5, 2019	$0.03	0.34%	$8.81
Jun 6, 2019	$0.03	0.31%	$9.83
Mar 4, 2019	$0.03	0.29%	$10.51
Mar 5, 2014	$0.05	0.60%	$8.87
Dec 4, 2013	$0.05	0.57%	$9.45
Sep 4, 2013	$0.05	0.62%	$8.63
Jun 5, 2013	$0.02	0.23%	$8.42
Feb 27, 2013	$0.02	0.27%	$7.06
Dec 5, 2012	$0.02	0.26%	$6.04
Sep 5, 2012	$0.02	0.28%	$5.70
May 30, 2012	$0.02	0.33%	$4.89
Feb 29, 2012	$0.02	0.28%	$5.76
Nov 30, 2011	$0.04	0.79%	$4.52
Aug 31, 2011	$0.04	0.79%	$4.53
Jun 1, 2011	$0.04	0.61%	$5.82
Feb 28, 2007	$0.09	0.59%	$15.07
Nov 29, 2006	$0.09	0.55%	$16.29
Aug 30, 2006	$0.09	0.51%	$17.45
May 31, 2006	$0.09	0.46%	$19.37
Mar 1, 2006	$0.08	0.39%	$20.42
Nov 30, 2005	$0.08	0.41%	$19.05
Aug 31, 2005	$0.08	0.44%	$17.90
Jun 1, 2005	$0.08	0.45%	$17.35
Mar 2, 2005	$0.07	0.38%	$17.94
Dec 1, 2004	$0.07	0.37%	$18.55
Sep 1, 2004	$0.07	0.49%	$13.85
Jun 2, 2004	$0.02	0.18%	$13.68
Mar 3, 2004	$0.02	0.14%	$15.28
Dec 3, 2003	$0.02	0.16%	$13.54
Sep 3, 2003	$0.02	0.15%	$14.31
Jun 4, 2003	$0.01	0.05%	$14.49
Mar 5, 2003	$0.00	0.03%	$12.49
Dec 4, 2002	$0.00	0.03%	$11.99
Sep 4, 2002	$0.00	0.03%	$11.02
Jun 5, 2002	$0.00	0.03%	$11.26
Feb 27, 2002	$0.00	0.03%	$11.15
Dec 5, 2001	$0.00	0.03%	$10.09
May 30, 2001	$0.02	0.25%	$8.29
Feb 28, 2001	$0.02	0.23%	$8.89
Nov 29, 2000	$0.02	0.30%	$6.89
Aug 30, 2000	$0.02	0.42%	$4.57
May 31, 2000	$0.00	0.05%	$4.35
Mar 1, 2000	$0.00	0.06%	$3.71
Dec 1, 1999	$0.00	0.04%	$5.93
Sep 1, 1999	$0.00	0.04%	$5.50
Jun 2, 1999	$0.00	0.04%	$5.20
Feb 24, 1999	$0.00	0.04%	$5.11
Dec 2, 1998	$0.00	0.04%	$5.48
Sep 2, 1998	$0.00	0.05%	$4.10
Jun 3, 1998	$0.00	0.04%	$4.54
Feb 25, 1998	$0.00	0.04%	$4.92
Dec 3, 1997	$0.00	0.01%	$4.72
Sep 3, 1997	$0.00	0.01%	$4.87
Jun 4, 1997	$0.00	0.01%	$4.11
Feb 24, 1997	$0.00	0.01%	$3.60
Dec 3, 1996	$0.00	0.02%	$3.09
Sep 3, 1996	$0.00	0.02%	$2.47
Jun 4, 1996	$0.00	0.02%	$2.47
Feb 22, 1996	$0.00	0.02%	$2.91
Dec 4, 1995	$0.00	0.02%	$2.27
Aug 31, 1995	$0.00	0.02%	$1.84
Jun 2, 1995	$0.00	0.03%	$1.57
Feb 16, 1995	$0.00	0.03%	$1.26
Nov 30, 1994	$0.00	0.04%	$1.14
Aug 29, 1994	$0.00	0.03%	$1.30
Jun 2, 1994	$0.00	0.03%	$1.32
Feb 17, 1994	$0.00	0.03%	$1.62
Dec 1, 1993	$0.00	0.03%	$1.51
Aug 27, 1993	$0.00	0.02%	$1.56
Jun 2, 1993	$0.00	0.02%	$1.55
Feb 22, 1993	$0.00	0.02%	$1.67
Dec 1, 1992	$0.00	0.02%	$2.26
Aug 28, 1992	$0.00	0.01%	$2.46
May 29, 1992	$0.00	0.01%	$2.16
Feb 20, 1992	$0.00	0.01%	$2.16
Dec 2, 1991	$0.00	0.01%	$2.16
Aug 27, 1991	$0.00	0.01%	$2.32
May 29, 1991	$0.00	0.01%	$1.84
Feb 20, 1991	$0.00	0.01%	$1.71
Dec 3, 1990	$0.00	0.02%	$1.52
Aug 28, 1990	$0.00	0.01%	$1.45
May 30, 1990	$0.00	0.01%	$1.75
Feb 21, 1990	$0.00	0.01%	$1.43
Dec 1, 1989	$0.00	0.01%	$1.60
Aug 28, 1989	$0.00	0.01%	$1.50
May 24, 1989	$0.00	0.00%	$1.35
Feb 22, 1989	$0.00	0.00%	$1.20
Dec 1, 1988	$0.00	0.00%	$1.12
Aug 26, 1988	$0.00	0.00%	$1.06
May 31, 1988	$0.00	0.00%	$1.08
Feb 23, 1988	$0.00	0.00%	$1.06
Dec 1, 1987	$0.00	0.00%	$0.85
Aug 25, 1987	$0.00	0.00%	$1.15
Jun 1, 1987	$0.00	0.00%	$1.01
Feb 24, 1987	$0.00	0.00%	$1.08

Yearly Dividend Summary

Year	Payments	Total Amount	Average Amount	Average Yield
2025	2	$0.26	$0.13	0.84%
2024	4	$0.46	$0.12	2.09%
2023	4	$0.44	$0.11	2.84%
2022	4	$0.44	$0.11	2.56%
2021	4	$0.20	$0.05	1.11%
2020	4	$0.12	$0.03	1.28%
2019	4	$0.12	$0.03	1.27%
2014	1	$0.05	$0.05	0.56%
2013	4	$0.14	$0.04	1.67%
2012	4	$0.08	$0.02	1.43%
2011	3	$0.12	$0.04	2.42%
2007	1	$0.09	$0.09	0.60%
2006	4	$0.35	$0.09	1.90%
2005	4	$0.31	$0.08	1.72%
2004	4	$0.18	$0.04	1.17%
2003	4	$0.05	$0.01	0.36%
2002	4	$0.00	$0.00	0.00%
2001	3	$0.04	$0.01	0.44%
2000	4	$0.04	$0.01	0.82%
1999	4	$0.00	$0.00	0.00%
1998	4	$0.00	$0.00	0.00%
1997	4	$0.00	$0.00	0.00%
1996	4	$0.00	$0.00	0.00%
1995	4	$0.00	$0.00	0.00%
1994	4	$0.00	$0.00	0.00%
1993	4	$0.00	$0.00	0.00%
1992	4	$0.00	$0.00	0.00%
1991	4	$0.00	$0.00	0.00%
1990	4	$0.00	$0.00	0.00%
1989	4	$0.00	$0.00	0.00%
1988	4	$0.00	$0.00	0.00%
1987	4	$0.00	$0.00	0.00%

SLM & Peers | Dividend Comparison

Company	Annual Amount	Current Yield	3Y Avg Yield	3Y Avg Amount	EX DIV. DATE
Mastercard MA	$2.84	0.53%	0.15%	$2.09	Apr 9, 2025
OneMain Holdings OMF	$3.12	5.82%	2.25%	$3.69	Feb 12, 2025
SLM SLM	$0.50	1.58%	0.60%	$0.46	Jun 5, 2025
Synchrony Financial SYF.PR.B	$1.56	6.20%	1.97%	$0.68	Feb 3, 2025
Visa V	$1.70	0.50%	0.19%	$1.81	Feb 11, 2025

Only companies with available dividend data are shown. Click on peer company names to view their detailed dividend history.

Frequently Asked Questions

For how long has SLM been paying dividends and how much has it paid in total?: SLM has been paying dividends for 38 years, from 1987 to 2025. Over this period, the company has distributed a total of $3.49 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.
When was SLM's last dividend payment and how much was paid per share?: SLM's most recent dividend payment was $0.13 per share, with an ex-dividend date of June 5, 2025. Investors who owned the stock before this date were entitled to receive this dividend payment.
What was SLM's highest annual dividend payment year and what amount was paid?: SLM's highest annual dividend was paid in 2024, when the company distributed $0.46 per share across 4 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.
How do SLM's dividend payments in 2023 compare to 2024?: Comparing SLM's dividend payments, the company paid $0.44 per share in 2023 versus $0.46 per share in 2024, representing an increase of $0.02. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.
How much would a 10,000 investment in SLM have generated in dividends over the past 10 years?: Over the past 10 years, SLM has paid a total of $2.04 per share in dividends. Based on current stock price estimates, a $10,000 investment would have generated approximately $603.55 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.

For more common questions about our data, please visit our About Data page.

Dividend data is provided for informational purposes only. Ex-dates, amounts, and yields may be subject to adjustments. Devyara does not guarantee the accuracy of the dividend data displayed.