SLM Set to Boost Your Earnings

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SLM Corp. (Symbol: SLM) will trade ex-dividend on September 4, 2026, offering a quarterly dividend of $0.13, which corresponds to approximately 0.50% of its recent stock price of $26.11. The dividend is set to be paid on September 15, 2026.

Over the past year, SLM shares have fluctuated between a low of $17.77 and a high of $32.02, with the last traded price being $26.36. The annualized dividend yield is estimated at 1.99%. SLM makes up 3.23% of the Leatherback Long/Short Alternative Yield ETF (Symbol: LBAY), which was down by about 0.6% on the day.

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