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Sallie Mae (SLM) declares $0.15/share quarterly dividend, 20% increase from prior dividend of...

Sallie Mae (SLM) declares $0.15/share quarterly dividend, 20% increase from prior dividend of $0.125. Forward yield 3.50%. For shareholders of record Mar. 01. Payable Mar. 15. Ex-div date Feb. 27. The board authorized to repurchase shares worth $400M. (PR)
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