SLM Corporation (SLM) Ex-Dividend Date Scheduled for February 27, 2013


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SLM Corporation ( SLM ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased SLM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter.

The previous trading day's last sale of SLM was $18.9, representing a -2.58% decrease from the 52 week high of $19.40 and a 47.14% increase over the 52 week low of $12.85.

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 $1.93. Zacks Investment Research reports SLM's forecasted earnings growth in 2013 as 9.1%, compared to an industry average of 8.7%.

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 )
  • PowerShares S&P Emerging Markets Low Volatility Portfolio ( EELV ).

The top-performing ETF of this group is RYF with an increase of 15.03% over the last 100 days. EZA has the highest percent weighting of SLM at 3.14%.

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

This article appears in: News Headlines Stocks
Referenced Stocks: AXP , DFS , EELV , EZA , RYF , SLM , SPHB

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