Sallie Mae SLM announced that its Board
of Directors today approved a quarterly dividend on the company's common stock
of $0.15 per share. The dividend will be paid on June 21, 2013, to
shareholders of record at the close of business on June 7, 2013.
In addition, the company announced a 2013 second-quarter dividend on its
Preferred Stock Series A of $0.87125 per share. The dividend on the Preferred
Stock Series A will be paid on April 30, 2013, to Series A shareholders of
record at the close of business on April 19, 2013.
The company also announced a 2013 second-quarter dividend on its Preferred
Stock Series B of $0.5170261 per share. The dividend on the Preferred Stock
Series B will be paid on June 17, 2013, to shareholders of record at the close
of business on June 7, 2013.
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