SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, par value $0.20 per share About To Put More Money In Your Pocket
February 27, 2013 at 13:43 PM EST
On 3/1/13, 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 $0.4908, payable on 3/15/13. As a percentage of SLMBP's recent share price of $57.00, this dividend works out to approximately 0.86%, so look for shares of SLMBP to trade 0.86% lower all else being equal when SLMBP shares open for trading on 3/1/13.
