SLM Dividend Calculator
SLM Corporation (SLM) currently yields 2.04% and paid $0.52 per share in dividends over the last 12 months, distributed quarterly, with 5 consecutive years of maintained or increased payouts. Data updated 2026-07-07.
Last Close
$25.53
Dividend Yield
2.04%
12-Mo Dividend / Share
$0.52
5-Yr Div Growth / Yr
+34.1%
Raise Streak
5 yrs
Next Ex-Date
TBD
Project Future Income from SLM
Portfolio Value
$329,007
Year 10
Monthly Dividends
$1,095
Year 10
Total Invested
$70,000
Year 10
Portfolio Value & Annual Dividends — SLM
Projected Income from SLM
| Year | Invested | Annual Div. | Monthly | Shares | Value |
|---|---|---|---|---|---|
| 1 | $16,000 | $326 | $27 | 639.5 | $16,326 |
| 2 | $22,000 | $578 | $48 | 847.5 | $26,801 |
| 3 | $28,000 | $936 | $78 | 1024.5 | $40,134 |
| 4 | $34,000 | $1,440 | $120 | 1177.9 | $57,154 |
| 5 | $40,000 | $2,149 | $179 | 1313.4 | $78,945 |
| 6 | $46,000 | $3,144 | $262 | 1436.3 | $106,933 |
| 7 | $52,000 | $4,540 | $378 | 1550.5 | $142,998 |
| 8 | $58,000 | $6,501 | $542 | 1660.0 | $189,632 |
| 9 | $64,000 | $9,257 | $771 | 1767.8 | $250,155 |
| 10 | $70,000 | $13,141 | $1,095 | 1877.0 | $329,007 |
SLM Dividend Per Share by Year
SLM Dividend Payment History
Updated 2026-07-07
| Ex-Dividend Date | Pay Date | Amount / Share |
|---|---|---|
| 2026-06-04 | 2026-06-15 | $0.13 |
| 2026-03-05 | 2026-03-16 | $0.13 |
| 2025-12-04 | 2025-12-15 | $0.13 |
| 2025-09-04 | 2025-09-15 | $0.13 |
| 2025-06-05 | 2025-06-16 | $0.13 |
| 2025-03-05 | 2025-03-17 | $0.13 |
| 2024-12-05 | 2024-12-16 | $0.13 |
| 2024-09-05 | 2024-09-16 | $0.11 |
| 2024-06-06 | 2024-06-17 | $0.11 |
| 2024-03-01 | 2024-03-15 | $0.11 |
| 2023-12-01 | 2023-12-15 | $0.11 |
| 2023-08-31 | 2023-09-15 | $0.11 |
| 2023-06-01 | 2023-06-15 | $0.11 |
| 2023-03-02 | 2023-03-15 | $0.11 |
| 2022-12-01 | 2022-12-15 | $0.11 |
| 2022-09-01 | 2022-09-15 | $0.11 |
| 2022-06-02 | 2022-06-15 | $0.11 |
| 2022-03-03 | 2022-03-15 | $0.11 |
| 2021-12-02 | 2021-12-15 | $0.11 |
| 2021-09-02 | 2021-09-15 | $0.03 |
| 2021-06-03 | 2021-06-15 | $0.03 |
| 2021-03-04 | 2021-03-15 | $0.03 |
| 2020-12-03 | 2020-12-15 | $0.03 |
| 2020-09-03 | 2020-09-15 | $0.03 |
SLM Dividend FAQ
How much does SLM pay in dividends per share?
SLM Corporation paid $0.52 per share over the trailing 12 months on a quarterly schedule. Dividend amounts can change with each declaration — the full payment history is listed below.
How often does SLM pay dividends?
SLM pays dividends quarterly. Every historical ex-dividend date and amount is in the table below.
What is SLM's dividend yield?
At the last close of $25.53, SLM yields approximately 2.04% (trailing 12-month dividends divided by price). Yield moves inversely with price.
What is SLM's dividend growth rate?
SLM's dividend per share has compounded at 34.1% per year over the last 5 years (5.7% over 3 years). Past growth does not guarantee future increases.
How much SLM do I need for $100 a month in dividends?
At the trailing payout of $0.52 per share per year, roughly 2,308 shares — about $58,923.24 at the current price. Use the calculator above to model your own target.
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