Sallie Mae Declares Preferred Stock Series A Dividend


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NEWARK, Del.--(BUSINESS WIRE)--

Sallie Mae (NASDAQ: SLM), the nation's saving, planning and paying for college company, announced a 2015 third-quarter dividend on its Preferred Stock Series A of 6.97 percent, or $0.87125 per share. The dividend will be paid on July 30, 2015, to stockholders of record at the close of business on July 20, 2015.

On March 31, 2015, Sallie Mae had approximately 3.3 million shares of Preferred Stock Series A 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, 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.

Sallie Mae
Media:
Rick Castellano, (302) 451-2541
rick.castellano@salliemae.com
or
Investors:
Brian Cronin, (302) 451-0304
brian.cronin@salliemae.com


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Press Releases