1. SLM announced a dividend of $1.5951112 on Preferred Stock Series B. 2. Common stock dividend set at $0.13 per share for Q1 2025. 3. Both dividends payable on March 17, 2025, for shareholders of record by March 5.
Dividends indicate financial stability and return to shareholders. Previous dividend announcements often correlate with stock price increases.
Dividend announcements are crucial for investor sentiment and imply SLM's financial health. They can attract both new and existing investors.
Immediate increase in investor confidence leading up to dividend payment date. Similar past dividend announcements have impacted stock prices in the short run.