SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, par value $0.20 per share Ex-Dividend Reminder - 12/5/12
December 03, 2012 at 14:08 PM EST
On 12/5/12, SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, par value $0.20 per share (SLMBP) will trade ex-dividend, for its quarterly dividend of $0.5271, payable on 12/17/12. As a percentage of SLMBP's recent share price of $52.95, this dividend works out to approximately 1.00%, so look for shares of SLMBP to trade 1.00% lower all else being equal when SLMBP shares open for trading on 12/5/12.
