Navient Corporation ( NAVI ) will begin trading ex-dividend on August 30, 2017. A cash dividend payment of $0.16 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased NAVI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that NAVI has paid the same dividend. At the current stock price of $13.6, the dividend yield is 4.71%.
The previous trading day's last sale of NAVI was $13.6, representing a -24.23% decrease from the 52 week high of $17.95 and a 7.42% increase over the 52 week low of $12.66.
NAVI is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). NAVI's current earnings per share, an indicator of a company's profitability, is $1.9. Zacks Investment Research reports NAVI's forecasted earnings growth in 2017 as -4.21%, compared to an industry average of 5.5%.
Interested in gaining exposure to NAVI through an Exchange Traded Fund [ETF]?
The following ETF(s) have NAVI as a top-10 holding:
- PowerShares KBW High Dividend Yield Financial Portfolio ( KBWD )
- VanEck Vectors Global Spin-Off ETF ( SPUN ).
The top-performing ETF of this group is SPUN with an increase of 0.84% over the last 100 days. KBWD has the highest percent weighting of NAVI at 1.61%.