Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded in 1973 and is headquartered in Herndon, VA.
Navient SR NT Dividend Announcement
• Navient SR NT announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-13
• Navient SR NT annual dividend for 2024 was $1.50
• Navient SR NT annual dividend for 2023 was $1.50
• Navient SR NT's trailing twelve-month (TTM) dividend yield is 9.39%
• Navient SR NT's payout ratio for the trailing twelve months (TTM) is 91.14%
Navient SR NT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.38 | quarterly | 2024-12-16 |
2024-09-13 | $0.38 | quarterly | 2024-09-16 |
2024-06-14 | $0.38 | quarterly | 2024-06-17 |
2024-03-13 | $0.38 | quarterly | 2024-03-15 |
2023-12-13 | $0.38 | quarterly | 2023-12-15 |
2023-09-13 | $0.38 | quarterly | 2023-09-15 |
2023-06-13 | $0.38 | quarterly | 2023-06-15 |
2023-03-13 | $0.38 | quarterly | 2023-03-15 |
2022-09-13 | $0.38 | quarterly | 2022-09-15 |
2022-06-13 | $0.38 | quarterly | 2022-06-15 |
2022-03-11 | $0.38 | quarterly | 2022-03-15 |
2021-09-13 | $0.38 | quarterly | 2021-09-15 |
2021-06-11 | $0.38 | quarterly | 2021-06-15 |
2021-03-11 | $0.38 | quarterly | 2021-03-15 |
2020-12-11 | $0.38 | quarterly | 2020-12-15 |
2020-09-11 | $0.38 | quarterly | 2020-09-15 |
2020-06-11 | $0.38 | quarterly | 2020-06-15 |
2020-03-12 | $0.38 | quarterly | 2020-03-16 |
2019-12-12 | $0.38 | quarterly | 2019-12-16 |
2019-09-12 | $0.38 | quarterly | 2019-09-16 |
2019-06-13 | $0.38 | quarterly | 2019-06-17 |
2019-03-13 | $0.38 | quarterly | 2019-03-15 |
2018-12-13 | $0.38 | quarterly | 2018-12-17 |
2018-09-13 | $0.38 | quarterly | 2018-09-17 |
2018-06-13 | $0.38 | quarterly | 2018-06-15 |
2018-03-13 | $0.38 | quarterly | 2018-03-15 |
2017-09-13 | $0.38 | quarterly | 2017-09-15 |
2017-06-12 | $0.38 | quarterly | 2017-06-15 |
2017-03-10 | $0.38 | quarterly | 2017-03-15 |
2016-12-12 | $0.38 | quarterly | 2016-12-15 |
2016-09-12 | $0.38 | quarterly | 2016-09-15 |
2016-06-10 | $0.38 | quarterly | 2016-06-15 |
2016-03-10 | $0.38 | quarterly | 2016-03-15 |
2015-12-10 | $0.38 | quarterly | 2015-12-15 |
2015-09-10 | $0.38 | quarterly | |
2015-06-10 | $0.38 | quarterly | |
2015-02-25 | $0.38 | quarterly | |
2014-11-25 | $0.38 | quarterly | |
2014-08-27 | $0.38 | quarterly | |
2014-05-28 | $0.38 | quarterly | |
2014-02-26 | $0.38 | quarterly | |
2013-11-26 | $0.38 | quarterly | |
2013-08-28 | $0.38 | quarterly | |
2013-05-29 | $0.38 | quarterly | |
2013-02-26 | $0.38 | quarterly |
Navient SR NT Dividend per year
Navient SR NT Dividend growth
Navient SR NT Dividend Yield
Navient SR NT current trailing twelve-month (TTM) dividend yield is 9.39%. Interested in purchasing Navient SR NT stock? Use our calculator to estimate your expected dividend yield:
Navient SR NT Financial Ratios
Navient SR NT Dividend FAQ
Other factors to consider when evaluating Navient SR NT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Navient SR NT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Navient SR NT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Navient SR NT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Navient SR NT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Navient SR NT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Navient SR NT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Navient SR NT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Navient SR NT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Navient SR NT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.