SLM Corporation (SLM) Ex-Dividend Date Scheduled for September 04, 2013


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SLM Corporation ( SLM ) will begin trading ex-dividend on September 04, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on September 20, 2013. Shareholders who purchased SLM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SLM has paid the same dividend. At the current stock price of $23.99, the dividend yield is 2.5%.

The previous trading day's last sale of SLM was $23.99, representing a -8.33% decrease from the 52 week high of $26.17 and a 56.48% increase over the 52 week low of $15.33.

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 $3.07. Zacks Investment Research reports SLM's forecasted earnings growth in 2013 as 30.37%, compared to an industry average of 13.3%.

For more information on the declaration, record and payment dates, visit the SLM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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 ).

The top-performing ETF of this group is RPG with an increase of 7.47% over the last 100 days. EZA has the highest percent weighting of SLM at 3.21%.

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 Symbols: AXP , DFS , EZA , RPG , SLM

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