SLM (SLM) dividend history
SLM paid $108M in dividends in fiscal 2025, about $0.51 per share.
Dividends per share grew 4.0% a year over 14 years, rising in each of the last 2 years.
At today's price the trailing yield is 2.40%.
Dividends by fiscal year
Dividends paid from the cash flow statement in SLM's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $0.51 | +13.2% | $108M | — | 14% |
| 2024 | $0.45 | +4.3% | $99M | — | 16% |
| 2023 | $0.43 | +0.1% | $101M | — | 17% |
| 2022 | $0.43 | +128.6% | $113M | — | 25% |
| 2021 | $0.19 | +57.9% | $60M | — | 5% |
| 2020 | $0.12 | +206.2% | $46M | — | 5% |
| 2019 | $0.04 | +9.9% | $17M | — | 3% |
| 2018 | $0.04 | -0.7% | $16M | — | 3% |
| 2017 | $0.04 | -26.8% | $16M | — | 6% |
| 2016 | $0.05 | +8.0% | $21M | — | 8% |
| 2015 | $0.05 | +51.5% | $20M | — | 7% |
| 2014 | $0.03 | — | $13M | — | 7% |
| 2013 | — | — | — | — | — |
| 2012 | — | — | — | — | — |
| 2011 | $0.29 | — | $154M | — | 24% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
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Open SLM in InvestinglyQuestions
Does SLM pay a dividend?
SLM paid $108M in dividends in fiscal 2025, about $0.51 per share.
How fast has SLM's dividend grown?
Dividends per share grew 4.0% a year over 14 years, rising in each of the last 2 years.
From SLM's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.