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

|About: SLM Corporation (SLM)|By:, SA News Editor
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)