NEWARK, DE — Sallie Mae (Nasdaq: SLM) announced it will pay first-quarter 2026 dividends on both its preferred and common stock, signaling continued returns to shareholders as the student lender moves into the new fiscal year.
The company declared a dividend of $1.4327141 per share on its Preferred Stock Series B and a dividend of $0.13 per share on its common stock. Both dividends will be paid on March 16, 2026, to stockholders of record as of the close of business on March 5, 2026.
Sallie Mae, formally known as SLM Corporation, is the nation’s largest private student lender, providing financing and related services to support access to higher education and lifelong learning opportunities. The company said its offerings are designed not only to help students attend college, but also to support customers as they pursue new goals and experiences beyond graduation.
The company emphasized that Sallie Mae and its subsidiaries are not sponsored by, nor agencies of, the United States government.
Additional information about the company and its products is available at SallieMae.com.
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