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NAVI Navient dividend history, payout ratio & dates

Navient's most recent quarterly dividend of $0.16 per share was on Sep 1, 2022 (ex-date). The annualized payout of $0.64 per share represents a current dividend yield of 4.39%.

Key dates

  • NAVI last dividend date: Sep 1, 2022
  • NAVI next dividend date: Not announced
NAVI dividend stats
DPS
$0.64
Dividend yield
4.12%
Payout ratio
16%
vs. Financial Services sector
Dividend yield
2.89%
Payout ratio
30.2%

Dividend yield

What is Navient current dividend yield

Navient's dividend yield of 4.39% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.89%, Navient's dividend yield is 52% higher. The current dividend yield is below the historical average of 5.0% of the last 5 years.

Dividend history

What is NAVI dividend payout history and dates

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 24% from a year ago, the dividend yield has increased by 31%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 1, 2022 Sep 16, 2022 Aug 11, 2022 $0.16 normal
Jun 2, 2022 Jun 17, 2022 $0.16 normal
Mar 3, 2022 Mar 18, 2022 Feb 25, 2022 $0.16 normal
Dec 2, 2021 Dec 17, 2021 Nov 22, 2021 $0.16 normal
Sep 2, 2021 Sep 17, 2021 Aug 11, 2021 $0.16 normal
Jun 3, 2021 Jun 18, 2021 May 20, 2021 $0.16 normal
Mar 4, 2021 Mar 19, 2021 Feb 4, 2021 $0.16 normal
Dec 3, 2020 Dec 18, 2020 Nov 12, 2020 $0.16 normal
Sep 3, 2020 Sep 18, 2020 Aug 7, 2020 $0.16 normal
Jun 4, 2020 Jun 19, 2020 May 21, 2020 $0.16 normal
Mar 5, 2020 Mar 20, 2020 Feb 6, 2020 $0.16 normal
Dec 5, 2019 Dec 20, 2019 Nov 14, 2019 $0.16 normal
Sep 5, 2019 Sep 20, 2019 Aug 8, 2019 $0.16 normal
Jun 6, 2019 Jun 21, 2019 May 22, 2019 $0.16 normal
Feb 28, 2019 Mar 15, 2019 Feb 5, 2019 $0.16 normal
Dec 6, 2018 Dec 21, 2018 Nov 8, 2018 $0.16 normal
Sep 6, 2018 Sep 21, 2018 Aug 9, 2018 $0.16 normal
May 31, 2018 Jun 15, 2018 Apr 4, 2018 $0.16 normal
Mar 1, 2018 Mar 16, 2018 Feb 5, 2018 $0.16 normal
Nov 30, 2017 Dec 15, 2017 Nov 14, 2017 $0.16 normal
Aug 30, 2017 Sep 15, 2017 Aug 10, 2017 $0.16 normal
May 31, 2017 Jun 16, 2017 Apr 4, 2017 $0.16 normal
Mar 1, 2017 Mar 17, 2017 Feb 6, 2017 $0.16 normal
Nov 30, 2016 Dec 16, 2016 Oct 6, 2016 $0.16 normal
Aug 31, 2016 Sep 16, 2016 Aug 4, 2016 $0.16 normal
Jun 1, 2016 Jun 17, 2016 Apr 4, 2016 $0.16 normal
Mar 2, 2016 Mar 18, 2016 Jan 26, 2016 $0.16 normal

Navient dividend payout ratio

What is Navient dividend payout ratio compared to the sector

Payout ratio

Navient's payout ratio of 16% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.2%, Navient's payout ratio is 47% lower.

Total amount of dividends paid per financial year (from cash flow)

NAVI dividend vs peer dividends

How does NAVI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CIM Chimera Investment Corp 19.77% $1.22 N/A
NAVI Navient Corp 4.12% $0.64 16%
NNI Nelnet Inc 1.16% $0.96 8%
SCHW Schwab Charles Corp 1.05% $0.8 26.2%

Frequently asked questions

Does Navient pay a dividend?

Yes, Navient has been paying dividends for the last eight years.

When is Navient's next dividend?

NAVI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was NAVI's last dividend?

Navient's last regular dividend was on Sep 1, 2022 (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 4.39%.

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 16%.

Does Navient pay a good dividend?

Navient's dividend yield is above the Financial Services sector average.