Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

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4:30 PM on Wednesday, July 23

The Associated Press

NEWARK, Del.--(BUSINESS WIRE)--Jul 23, 2025--

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2025 third-quarter dividend on its Preferred Stock Series B of $1.5853186 per share. The company also announced a 2025 third-quarter dividend on its common stock of $0.13 per share.

Both preferred stock and common stock dividends will be paid on Sept. 15, 2025 to the respective stockholders of record at the close of business on Sept. 4, 2025.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

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Rick Castellano

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KEYWORD: UNITED STATES NORTH AMERICA DELAWARE

INDUSTRY KEYWORD: EDUCATION PROFESSIONAL SERVICES UNIVERSITY FINANCE

SOURCE: Sallie Mae