Navient Corporation (NAVI) Ex-Dividend Date Scheduled for May 31, 2018

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Navient Corporation ( NAVI ) will begin trading ex-dividend on May 31, 2018. A cash dividend payment of $0.16 per share is scheduled to be paid on June 15, 2018. Shareholders who purchased NAVI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that NAVI has paid the same dividend. At the current stock price of $13.92, the dividend yield is 4.6%.

The previous trading day's last sale of NAVI was $13.92, representing a -17.97% decrease from the 52 week high of $16.97 and a 21.24% increase over the 52 week low of $11.48.

NAVI is a part of the Finance sector, which includes companies such as Morgan Stanley ( MS ) and Goldman Sachs Group, Inc. ( GS ). NAVI's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports NAVI's forecasted earnings growth in 2018 as 4.66%, compared to an industry average of 21.8%.

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

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

  • PowerShares S&P 500 Equal Weight Financial Portfolio ( RYF ).

The top-performing ETF of this group is RYF with an decrease of -2.45% over the last 100 days. It also has the highest percent weighting of NAVI at 1.54%.

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: NAVI , MS , GS , RYF

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