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

News > Business News

Audio By Carbonatix

4:30 PM on Wednesday, October 22

The Associated Press

NEWARK, Del.--(BUSINESS WIRE)--Oct 22, 2025--

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2025 fourth-quarter dividend on its Preferred Stock Series B of $1.5121799 per share. The company also announced a 2025 fourth-quarter dividend on its common stock of $0.13 per share.

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20251022844348/en/

CONTACT: Media

Rick Castellano

302.451.2541

[email protected]

Kate deLacy

571-438-9574

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE

INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES FINANCE OTHER EDUCATION CONTINUING PROFESSIONAL SERVICES UNIVERSITY EDUCATION TRAINING

SOURCE: Sallie Mae