SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, Ex-Dividend Reminder - 6/5/13
June 03, 2013 at 13:37 PM EDT
On 6/5/13, 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 $0.5170, payable on 6/17/13. As a percentage of SLMBP's recent share price of $68.75, this dividend works out to approximately 0.75%, so look for shares of SLMBP to trade 0.75% lower all else being equal when SLMBP shares open for trading on 6/5/13.
