Sallie Mae declares dividends on Series B preferred shares and common shares

Sallie Mae® (Nasdaq: SLM), formerly SLM Corporation, today announced a first quarter 2021 dividend on its Series B preferred shares of $ 0.4798125 per share. The company also announced a first quarter 2021 dividend on its common shares of $ 0.03 per share.

Dividends on the common shares and preferred shares will be paid on March 15, 2021 to the respective shareholders of record as of the close of business on March 5, 2021.

Sallie mae (Nasdaq: SLM) believes that education and lifelong learning, in all its forms, help people achieve great things. As a leader in private student loans, we provide funding and expertise to facilitate access to university and offer products and resources to help clients achieve new goals and experiences, as well as beyond university. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or by any agencies in the United States of America.

Category: Business and Financial

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210126006062/en/

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