SLM (SLM) Dividends & Splits

SLM Corp (SLM) is known for its consistent dividend payments and occasional stock splits. As of the most recent financial data, the company has a dividend yield of X%, which is calculated by dividing the annual dividend payment by the stock's current price. This indicates the percentage return an investor can expect from owning SLM Corp shares. In terms of payout ratio, SLM Corp currently pays out X% of its earnings as dividends. This is a measure of how much of the company's earnings are distributed to shareholders in the form of dividends. The higher the payout ratio, the less earnings the company retains for reinvestment or other purposes.

On the dividend front, SLM Corp has a dividend ex-date of X, which is the date on or after which a stock is traded without its upcoming dividend. This means investors must own the stock before this date to be entitled to the dividend payment. When it comes to stock splits, SLM Corp has executed X split(s) in the past. A stock split is a corporate action that increases the number of outstanding shares while proportionately reducing the share price. The split multiple for SLM Corp's previous splits was X. This means that for every share owned before the split, an investor would receive X additional shares after the split.