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

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NEWARK, Del.–()–Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a first quarter 2023 dividend on its Series B preferred stock of $1.6090725 per share. The company also announced a first quarter 2023 dividend on its common stock of $0.11 per share.

Both preferred stock and common stock dividends will be paid on March 15, 2023 to their respective shareholders of record as of the close of business on March 3, 2023.

Sallie Mae (Nasdaq: SLM) believes that education and lifelong learning, in all its forms, helps people achieve great things. As the leader in private student lending, we provide finance and expertise to support access to college and offer products and resources to help clients achieve new goals and experiences beyond college. Learn more about 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 Finance

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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