Headquartered in Newark, DE Fiscal year ends December NASDAQ: SLMBP salliemae.com
SLM Corporation, commonly known as Sallie Mae, is the largest private student loan lender in the United States. The company provides private education loans to undergraduate and graduate students and their families to finance higher education costs. Sallie Mae funds its lending primarily through consumer deposits held at its banking subsidiary, Sallie Mae Bank, as well as through securitizations and other borrowings. Beyond lending, the company offers products and resources to support customers in achieving educational and personal financial goals. The company actively manages its balance sheet through strategic loan sales, including partnerships with institutional investors, and returns capital to shareholders via share repurchases and dividends. Following federal PLUS loan reform, Sallie Mae has significantly expanded its graduate student lending business, positioning itself to capture demand displaced from federal lending programs. Updated
PepsiCo is the day's biggest payer, sending shareholders about $2.02 billion, or $1.48 a share, on September 30. Alphabet's two share classes together add roughly $2.51 billion at 22 cents a share, with Kraft Heinz and SLM also paying out.
Chasing a higher dividend yield feels like a shortcut to financial freedom, but the math hiding inside that trade-off can quietly dismantle an entire retirement plan before you notice anything went wrong.
SLM Corporation, commonly known as Sallie Mae, is the largest private student loan lender in the United States. The company provides private education loans to undergraduate and graduate students and their families to finance higher education costs.
