Sallie Mae (NASDAQ: SLM), the nation’s saving, planning and paying for
college company, announced a 2015 first-quarter dividend on its
Preferred Stock Series B of $0.4911093 per share. The dividend will be
paid on March 16, 2015 to stockholders of record at the close of
business on March 6, 2015.
In addition, the company announced a 2015 second-quarter dividend on its
Preferred Stock Series A of $0.87125 per share. The dividend will be
paid on April 30, 2015, to stockholders of record at the close of
business on April 20, 2015.
On December 31, 2015, Sallie Mae had approximately 3.3 million shares of
Preferred Stock Series A, and 4 million shares of Preferred Stock Series
B outstanding.
Sallie Mae (NASDAQ: SLM) is the nation’s saving, planning, and
paying for college company. Whether college is a long way off or just
around the corner, Sallie Mae offers products that promote responsible
personal finance including private education loans, Upromise rewards,
scholarship search, college financial planning tools, insurance, and
online retail banking. Learn more at SallieMae.com.
Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.
Copyright Business Wire 2015