-

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

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2022 first-quarter dividend on its Preferred Stock Series B of $0.47772 per share. The company also announced a 2022 first-quarter dividend on its common stock of $0.11 per share.

Both common stock and preferred stock dividends will be paid on March 15, 2022, to the respective stockholders of record at the close of business on March 4, 2022.

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

Contacts

Media:
Rick Castellano
302.451.2541
Rick.Castellano@SallieMae.com

Investors:
Brian Cronin
302.451.0304
Brian.Cronin@SallieMae.com

Industry:

Sallie Mae

NASDAQ:SLM
Release Versions
English

Contacts

Media:
Rick Castellano
302.451.2541
Rick.Castellano@SallieMae.com

Investors:
Brian Cronin
302.451.0304
Brian.Cronin@SallieMae.com

More News From Sallie Mae

Sallie Mae Announces Tender Offer for Its 3.125% Senior Notes Due 2026

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”) announced today the commencement of a cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 3.125% senior notes (the “Notes”) upon the terms and conditions described in the Company’s Offer to Purchase, dated May 6, 2026 (the “Offer to Purchase”). Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and t...

New Sallie Mae and Ipsos Study Finds Overwhelming Majority of High School Students Plan to Continue Their Education After Graduation

NEWARK, Del.--(BUSINESS WIRE)--Nearly all high school students (95%) say they plan to continue their education after graduation, 90% of those families believe it's an investment in the student's future, and 82% say it’s worth the cost, according to How America Plans for College 2026, a new national study from Sallie Mae and Ipsos. The survey of more than 2,000 U.S. high school students and parents of high school students found 83% of families considering higher education are willing to stretch...

College Decision Day Is Here: What Students and Families Should Know About Paying for College

NEWARK, Del.--(BUSINESS WIRE)--High school seniors across the country are celebrating College Decision Day by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn’t only about where to go—it’s also about what that choice means financially and for long-term success. Cost remains one of the most influential factors in college selection, but it doesn’t tell the whole story. Families are also weighing overall fit and outcomes. Sal...
Back to Newsroom