SLM About To Put More Money In Your Pocket

SLM Corp. (SLM) will trade ex-dividend on 9/4/26 for its quarterly dividend of $0.13, payable on 9/15/26, Dividend Channel reports. Based on a recent SLM share price of $26.11, the dividend represents roughly a 0.50% yield for the quarter. The article also cites an annualized estimated yield of 1.99% and notes that dividend behavior isn’t always predictable, though historical context can help gauge whether the current yield may persist. SLM’s 52-week range runs from $17.77 to $32.02, compared with a last trade of $26.36. The stock makes up 3.23% of the Leatherback Long/Short Alternative Yield ETF (LBAY), which is down about 0.6% on the day.