SLM Corporation
SLMBPFinancial Services · Stock · quarterly payer
Forward Yield
7.98%
Annual Dividend
$5.96
Payout Ratio
—
5-Yr Growth
19.6%
Ex-Date
Jun 4, 2026
Frequency
Quarterly
Summary
As of July 2026, SLM Corporation (SLMBP) yields 7.98% ($5.96 per share annually), with a blended fair-value estimate of $76.26 — +2% upside, so it screens as fairly valued. Dividend safety grade: C (50/100).
Is SLMBP a good dividend stock?
MixedSLM Corporation (SLMBP) pays a quarterly dividend yielding 7.98% ($5.96/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 19.6% 5-yr dividend growth
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 7.98%
- Payout Ratio
- —
- Annual Dividend
- $5.96
- 5-Yr Avg Growth
- 19.6%
- Ex-Dividend Date
- Jun 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.95
- Market Cap
- —
- P/E Ratio
- 34.7
- 5-Yr Total Return
- 21%
- 52-Week Range
- $70.58 – $83.05
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
SLMBP Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+20%
5 Years
+21%
52-Week Range
$70.58 – $83.05
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SLMBP worth?
Fairly valuedlow confidenceOur blended fair-value estimate for SLM Corporation is $76.26 per share, versus a market price of $74.64. That implies the stock is roughly fairly priced.
Fair Value
$76.26
Current Price
$74.64
Gap
+2%
Margin of Safety
2%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.15 EPS, $5.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SLMBP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 4, 2026 | — | $1.4270 | regular |
| Mar 5, 2026 | — | $1.4330 | regular |
| Dec 4, 2025 | — | $1.5120 | regular |
| Sep 4, 2025 | — | $1.5850 | regular |
| Jun 5, 2025 | — | $1.5820 | regular |
| Mar 5, 2025 | — | $1.5950 | regular |
| Dec 5, 2024 | — | $1.7450 | regular |
| Sep 5, 2024 | — | $1.8470 | regular |
| Jun 6, 2024 | — | $1.9040 | regular |
| Mar 1, 2024 | — | $1.8550 | regular |
| Dec 1, 2023 | — | $1.8630 | regular |
| Aug 31, 2023 | — | $1.8420 | regular |
| Jun 1, 2023 | — | $1.6970 | regular |
| Mar 2, 2023 | — | $1.6090 | regular |
Income Calculator
At $5.96 / yr per share
