SLM Corporation (SLM) Ex-Dividend Date Scheduled for December 05, 2012

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SLM Corporation ( SLM ) has announced an ex-dividend date of December 05, 2012 and a cash dividend payment of $0.125 per share scheduled for December 21, 2012. Shareholders who purchased SLM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SLM has paid the same dividend. At the current stock price of $16.55, the dividend yield is 3.02%.

The previous trading day's last sale of SLM was $16.55, representing a -8% decrease from the 52 week high of $17.99 and a 33.79% increase over the 52 week low of $12.37.

SLM is a part of the Finance sector, which includes companies such as American Express Company ( AXP ) and Discover Financial Services ( DFS ). SLM's current earnings per share, an indicator of a company's profitability, is $2.18. Zacks Investment Research reports SLM's forecasted earnings growth in 2012 as 17.05%, compared to an industry average of 10.7%.


For more information on the declaration, record and payment dates, visit the SLM Dividend History page.

Interested in gaining exposure to SLM through an Exchange Traded Fund [ETF]?
The following ETF(s) have SLM as a top-10 holding:

  • iShares MSCI South Africa Index Fund ( EZA )
  • Guggenheim S&P 500 Equal Weight Financials ETF ( RYF )
  • PowerShares S&P 500 High Beta Portfolio ( SPHB ).

The top-performing ETF of this group is SPHB with an increase of 11.06% over the last 100 days. EZA has the highest percent weighting of SLM at 2.83%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , Stocks

Referenced Stocks: AXP , DFS , EZA , RYF , SLM , SPHB

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