Cash Dividend On The Way From SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B
March 02, 2015 at 13:33 PM EST
On 3/4/15, 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 $0.4911, payable on 3/16/15. As a percentage of SLMBP's recent share price of $65.40, 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 3/4/15..
