Navient's most recent dividend of $0.16 per share was on Sep 6, 2024 (ex-date). The annualized payout of $0.64 per share represents a current dividend yield of 4.23%.
Navient's dividend yield of 4.23% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.78%, Navient's dividend yield is 52% higher. The current dividend yield is below the historical average of 4.5% of the last 5 years.
Navient has a history of paying dividends since 2014. Our records of NAVI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But since the stock price has gone down by 3.9% from a year ago, the dividend yield has increased by 4.1%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 6, 2024 | $0.16 | 4.04% |
Jun 7, 2024 | $0.16 | 4.45% |
Feb 29, 2024 | $0.16 | 3.94% |
Nov 30, 2023 | $0.16 | 3.74% |
Aug 31, 2023 | $0.16 | 3.63% |
Jun 1, 2023 | $0.16 | 4.1% |
Mar 2, 2023 | $0.16 | 3.58% |
Dec 1, 2022 | $0.16 | 3.76% |
Sep 1, 2022 | $0.16 | 4.26% |
Jun 2, 2022 | $0.16 | 4.08% |
Mar 3, 2022 | $0.16 | 3.73% |
Dec 2, 2021 | $0.16 | 3.19% |
Sep 2, 2021 | $0.16 | 2.8% |
Jun 3, 2021 | $0.16 | 3.46% |
Mar 4, 2021 | $0.16 | 5.07% |
Dec 3, 2020 | $0.16 | 6.63% |
Sep 3, 2020 | $0.16 | 7.12% |
Jun 4, 2020 | $0.16 | 7.79% |
Mar 5, 2020 | $0.16 | 6.13% |
Dec 5, 2019 | $0.16 | 4.61% |
Sep 5, 2019 | $0.16 | 5% |
Jun 6, 2019 | $0.16 | 4.86% |
Feb 28, 2019 | $0.16 | 5.24% |
Dec 6, 2018 | $0.16 | 5.92% |
Sep 6, 2018 | $0.16 | 4.73% |
May 31, 2018 | $0.16 | 4.63% |
Mar 1, 2018 | $0.16 | 4.94% |
Nov 30, 2017 | $0.16 | 5.08% |
Aug 30, 2017 | $0.16 | 4.82% |
May 31, 2017 | $0.16 | 4.44% |
Mar 1, 2017 | $0.16 | 4.17% |
Nov 30, 2016 | $0.16 | 3.71% |
Aug 31, 2016 | $0.16 | 4.45% |
Jun 1, 2016 | $0.16 | 4.71% |
Mar 2, 2016 | $0.16 | 5.88% |
Dec 2, 2015 | $0.16 | 5.34% |
Sep 2, 2015 | $0.16 | 5.18% |
Jun 3, 2015 | $0.16 | 3.19% |
Mar 4, 2015 | $0.16 | 3.05% |
Navient's payout ratio of 44.4% is above the Financial Services sector and the industry average. But if we consider its Financial Services sector average of 43.2%, Navient's payout ratio is only 2.8% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CIM Chimera Investment Corp | 8.68% | $1.38 | 78% |
NAVI Navient Corp | 4.13% | $0.64 | 44.4% |
SCHW Schwab Charles Corp | 1.4% | $1 | 41.3% |
NNI Nelnet Inc | 0.97% | $1.12 | 26.7% |
Yes, Navient has been paying dividends for the last ten years.
Navient's last regular dividend was on Sep 6, 2024 (ex-date) with the amount of $0.16 per share.
NAVI's annualized dividend per share is $0.64.
Currently Navient's dividend yield is 4.23%.
Navient pays four dividends per year.
The dividend payout ratio of Navient is 44.4%.
Navient's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.