SLM Corp.'s 6.97% Cumulative Redeemable Preferred Stock, Series A Ex-Dividend Reminder - 4/15/14

On 4/15/14, SLM Corp.'s 6.97% Cumulative Redeemable Preferred Stock, Series A (SLMAP) will trade ex-dividend, for its quarterly dividend of $0.8712, payable on 4/30/14. As a percentage of SLMAP's recent share price of $49.30, this dividend works out to approximately 1.77%, so look for shares of SLMAP to trade 1.77% lower all else being equal when SLMAP shares open for trading on 4/15/14..