NAVI Navient dividend history, payout ratio & dates
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 4.29%.
Key dates
- NAVI last dividend date: Sep 6, 2024
NAVI dividend stats
vs. Financial Services sector
Dividend yield
Navient's dividend yield of 4.29% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.58%, Navient's dividend yield is 66% higher. The current dividend yield is similar to the historical average of 4.5% of the last 5 years.
Dividend history
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 10% from a year ago, the dividend yield has increased by 11%.
Recent dividends
| 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 dividend payout ratio
Payout ratio
Navient's payout ratio of 84.2% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 44%, Navient's payout ratio is 91% higher.
Total amount of dividends paid per financial year (from cash flow)
NAVI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CIM Chimera Investment Corp | 9.44% | $1.38 | 40.7% |
| NAVI Navient Corp | 4.29% | $0.64 | 84.2% |
| SCHW Schwab Charles Corp | 1.24% | $1 | 38.9% |
| NNI Nelnet Inc | 1.06% | $1.12 | 36.7% |
Frequently asked questions
Does Navient pay a dividend?
Yes, Navient has been paying dividends for the last ten years.
When was NAVI's last dividend?
Navient's last regular dividend was on Sep 6, 2024 (ex-date) with the amount of $0.16 per share.
How much dividend does Navient pay (per share)?
NAVI's annualized dividend per share is $0.64.
What is Navient's dividend yield?
Currently Navient's dividend yield is 4.29%.
How often does Navient pay dividends?
Navient pays four dividends per year.
What is Navient's dividend payout ratio?
The dividend payout ratio of Navient is 84.2%.
Does Navient pay a good dividend?
Navient's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.