Sallie Mae Boosts Q4 Dividend On Its Common Stock From $0.11 To $0.13 Per Share
Portfolio Pulse from Benzinga Newsdesk
Sallie Mae has announced an increase in its Q4 dividend for common stock from $0.11 to $0.13 per share and declared a dividend of $1.7448719 per share for its Preferred Stock Series B. Both dividends will be paid on December 16, 2024, to stockholders of record as of December 5, 2024.
October 23, 2024 | 8:40 pm
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Sallie Mae has increased its Q4 dividend for common stock from $0.11 to $0.13 per share, indicating a positive outlook and potential shareholder value increase.
The increase in the common stock dividend suggests that Sallie Mae is confident in its financial health and future earnings, which is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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