Is the SLM dividend safe?
At risk
SLM pays 2.5% a year, but that takes 93% of its free cash flow.
The numbers behind it
Dividend yield2.5%
Paid out of free cash flow–
Paid out of profit93%
Debt in years of earnings1.0 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about SLM
Data as of Nov 13, 2026.