SLM (NASDAQ:SLMBP – Get Free Report) will likely be issuing its resultson Thursday, July 23rd. Analysts expect SLM to announce earnings of $0.4457 per share and revenue of $412.5370 million for the quarter.
SLM Stock Performance
SLMBP stock opened at $74.98 on Thursday. The firm’s fifty day moving average is $74.71 and its 200 day moving average is $74.55. SLM has a one year low of $70.58 and a one year high of $83.05.
SLM Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a dividend of $1.4269 per share. This represents a $5.71 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Thursday, June 4th.
SLM Company Profile
SLM Corporation, doing business as Sallie Mae, is a U.S.-based provider of private student loans, servicing, and banking products. The company specializes in originating and servicing education loans for undergraduate, graduate and professional students, as well as career and technical training programs. In addition to its core student lending business, Sallie Mae offers deposit products, credit cards and digital tools designed to help customers manage personal finances and plan for higher-education expenses.
Sallie Mae’s product suite includes fixed- and variable-rate private student loans, graduate student loans, parent loans and career training loans.
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