SLM Corp : Sallie Mae Declares Common Stock Dividend
07/30/2012| 04:25pm US/Eastern
Announces Preferred Stock Series B Dividend
Sallie Mae (NASDAQ: SLM), the nation's No. 1 financial services company
specializing in education, announced a 2012 third-quarter dividend on
its common stock of $0.125 per share. The dividend will be paid on Sept.
21, 2012, to shareholders of record at the close of business on Sept. 7,
In addition, the company announced a 2012 third-quarter dividend on its
Preferred Stock Series B of $0.5660497 per share. The dividend on the
Preferred Stock Series B will be paid on Sept. 17, 2012, to shareholders
of record at the close of business on Sept. 7, 2012.
On June 30, 2012, Sallie Mae had 469 million shares of common stock, 3.3
million shares of Preferred Stock Series A, and 4 million shares of
Preferred Stock Series B outstanding. These shares trade on NASDAQ.
Sallie Mae (NASDAQ: SLM) is the nation's No. 1 financial services
company specializing in education. Whether college is a long way off or
just around the corner, Sallie Mae turns education dreams into reality
for its 25 million customers. With products and services that include
college savings programs, scholarship search tools, education loans,
insurance, and online banking, Sallie Mae offers solutions that help
families save, plan, and pay for college. Sallie Mae also provides
financial services to hundreds of college campuses as well as to federal
and state governments. 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.
For Sallie Mae
Debby Hohler, 617-454-6741,
Martha Holler, 302-283-4036
Joe Fisher, 302-283-4075
© Business Wire 2012