Is SLM Corporation a good dividend stock?

SLM Corporation (SLM) is a dividend-paying stock with a current dividend yield of 2.05%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is SLM's dividend yield?

The dividend yield for SLM stock is currently 2.05%.

How much does SLM pay in dividends per year?

SLM Corporation pays an annual dividend of $0.5200 per share over the trailing twelve months.

How often does SLM pay dividends?

SLM stock pays dividends quarterly.

Is SLM's dividend growing?

SLM Corporation's 3-year dividend CAGR is 5.73%.

SLM Stock Price, Chart, Stats & News

SLM Corporation

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Overview Dividend safety Dividends Fundamentals

SLM Corporation (SLM) is a dividend-paying stock with a current dividend yield of 2.05% as of Jul 20, 2026. It pays $0.5200 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 34.08% 5-year compound annual rate.

4.78B

Market cap

7.02x

Current P/E

8.05x

Forward P/E

2.05%

Dividend yield

$0.5200

SLM dividend

Dividend safety

Strong

Dividend coverage looks healthy — SLM pays out about 14% of earnings.

See the safety analysis

SLM chart

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Fundamentals

Gross margin	53.11%
Operating margin	31.92%
Pretax margin	31.92%
Net margin	23.95%
Effective tax rate	24.96%
ROA	2.50%
ROE	31.14%
D/E	2.39x
Interest coverage ratio	0.88x

All financials

SLM valuation

P/E	7.02x
P/S	1.30x
P/B	1.72x
P/CF	7.33x
P/FCF	7.01x
P/OCF	7.33x
PEG	0.26x
EV multiple	2.18x

About

Financial Services

Sector

Financial - Credit Services

Industry

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013.