Navient Announces $0.16 Per Share Quarterly Dividend
Navient Corporation (NAVI) has declared a quarterly dividend of $0.16 per share, maintaining its previous payout level. The announcement comes amidst broader discussions regarding the company's corporate reorganization and strategic realignment of its business structure. The dividend carries a forward yield of 10.81%. Shareholders of record as of December 4 will be eligible to receive the payment on December 18. This distribution follows recent volatility in the stock, which has recently hit new 52-week lows.
Tickers: $NAVI