SLM Corporation (SLM) Ex-Dividend Date Scheduled for June 05, 2013

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SLM Corporation ( SLM ) will begin trading ex-dividend on June 05, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on June 21, 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 same period a year ago. At the current stock price of $23.96, the dividend yield is 2.5%.

The previous trading day's last sale of SLM was $23.96, representing a -8.44% decrease from the 52 week high of $26.17 and a 75.4% increase over the 52 week low of $13.66.

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 $2.46. Zacks Investment Research reports SLM's forecasted earnings growth in 2013 as 15.51%, compared to an industry average of 7.9%.


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 Pure Growth ETF ( RPG )
  • 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 RPG with an increase of 17.13% over the last 100 days. EZA has the highest percent weighting of SLM at 3.33%.



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


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