{"id":385652,"date":"2020-11-19T16:33:22","date_gmt":"2020-11-19T21:33:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385652"},"modified":"2020-11-19T16:33:22","modified_gmt":"2020-11-19T21:33:22","slug":"sallie-mae-declares-dividends-on-preferred-stock-series-b-and-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-declares-dividends-on-preferred-stock-series-b-and-common-stock\/","title":{"rendered":"Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock<\/b><\/p>\n<p>NEWARK, Del.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSallie Mae\u00ae (Nasdaq: SLM), formally SLM Corporation, today announced a 2020 fourth quarter dividend on its Preferred Stock Series B of $0.4896937<b \/>per share. The company also announced a 2020 fourth quarter dividend on its common stock of $0.03 per share.\n<\/p>\n<p>\nBoth common stock and preferred stock dividends will be paid on Dec. 15, 2020, to the respective stockholders of record at the close of business on Dec. 4, 2020.\n<\/p>\n<p><b>Sallie Mae<\/b> (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. 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.\n<\/p>\n<p>\nCategory: Corporate and Financial\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119006124r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119006124\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119006124\/en\/<\/a><\/span><\/p>\n<p>\nMedia:<br \/>\n<br \/><b>Rick Castellano<br \/>\n<\/b><br \/>302.451.2541<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rick.Castellano@SallieMae.com\">Rick.Castellano@SallieMae.com <\/a><\/p>\n<p>\nInvestors:<br \/>\n<br \/><b>Brian Cronin<br \/>\n<\/b><br \/>302.451.0304<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Brian.Cronin@SallieMae.com\">Brian.Cronin@SallieMae.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Delaware United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Banking Other Education Professional Services Education<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119006124\/en\/719959\/3\/Sallie_Mae_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock NEWARK, Del.&#8211;(BUSINESS WIRE)&#8211; Sallie Mae\u00ae (Nasdaq: SLM), formally SLM Corporation, today announced a 2020 fourth quarter dividend on its Preferred Stock Series B of $0.4896937per share. The company also announced a 2020 fourth quarter dividend on its common stock of $0.03 per share. Both common stock and preferred stock dividends will be paid on Dec. 15, 2020, to the respective stockholders of record at the close of business on Dec. 4, 2020. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-declares-dividends-on-preferred-stock-series-b-and-common-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385652","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-declares-dividends-on-preferred-stock-series-b-and-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock NEWARK, Del.&#8211;(BUSINESS WIRE)&#8211; Sallie Mae\u00ae (Nasdaq: SLM), formally SLM Corporation, today announced a 2020 fourth quarter dividend on its Preferred Stock Series B of $0.4896937per share. The company also announced a 2020 fourth quarter dividend on its common stock of $0.03 per share. Both common stock and preferred stock dividends will be paid on Dec. 15, 2020, to the respective stockholders of record at the close of business on Dec. 4, 2020. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. 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