Navient Corporation dividend yield – Navient Corp Announces 0.16 Cash Dividend
March 10, 2023
Dividends Yield
On March 1 2023, NAVIENT CORPORATION ($NASDAQ:NAVI) announced a 0.16 USD cash dividend to be distributed to shareholders. This continues the company’s streak of dividend payments for the past three years, yielding an average of 3.9%. This makes NAVIENT CORPORATION an attractive stock for investors who are looking for a dividend-paying investment. The ex-dividend date for NAVIENT CORPORATION is March 2 2023. This allows investors to purchase the stock on or before this date in order to receive the dividend.
The announcement was seen as positive news by NAVIENT CORPORATION shareholders as it gives them an additional income source. It also shows that the company is in a financially healthy position and is able to continue providing dividends. NAVIENT CORPORATION has a history of consistent dividend payments which has made it a popular stock among income investors. The current dividend yield of 3.9% is also relatively high compared to other dividend-paying stocks in the market, making it an attractive option for investors looking for a steady income stream.
Market Price
The stock opened at $18.0 at the market opening and closed at $18.0, down by 0.1% from its prior closing price of 18.0. This slight decrease could be attributed to general market volatility or investors uncertainty about NAVIENT CORPORATION‘s upcoming earnings report. NAVIENT CORPORATION’s long-term dividend policy remains unchanged and investors can expect to receive a reliable income stream from their NAVIENT CORPORATION stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Navient Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 1.74k | 645 | 39.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Navient Corporation. More…
| Operations | Investing | Financing |
| 266 | 6.67k | -7.33k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Navient Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 70.8k | 67.82k | 22.9 |
Key Ratios Snapshot
Some of the financial key ratios for Navient Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.5% | – | – |
| FCF Margin | ROE | ROA |
| 15.3% | 17.4% | 0.7% |
Analysis – Navient Corporation Intrinsic Stock Value
At GoodWhale, we have performed an analysis of NAVIENT CORPORATION‘s financials. Based on our proprietary Valuation Line, we have calculated the intrinsic value of NAVIENT CORPORATION share to be around $13.2. Currently, NAVIENT CORPORATION stock is traded at $18.0, which is overvalued by 36.8%. More…
Peers
It is a for-profit company and one of the four largest providers of student loans in the United States. The other three companies are SLM Corp, Nelnet Inc, and Capital Trade Links Ltd.
– SLM Corp ($NASDAQ:SLM)
SLM Corp is a financial services company that specializes in student loan management and servicing. The company has a market cap of $3.88 billion as of 2022. SLM Corp is headquartered in Newark, Delaware and has operations in the United States, Puerto Rico, and the United Kingdom. The company services over $300 billion in student loans for over 10 million borrowers.
– Nelnet Inc ($NYSE:NNI)
Nelnet is a publicly traded student loan servicing company headquartered in Lincoln, Nebraska. Nelnet serviced $247 billion in student loans as of December 31, 2019. It is the second largest student loan servicer in the United States behind Navient. The company also provides Tuition Payment Plans and Guaranteed Asset Protection insurance.
– Capital Trade Links Ltd ($BSE:538476)
As of 2022, Capital Trade Links Ltd has a market cap of 833.6M and a ROE of 4.14%. The company is engaged in the business of providing trade financing and support services to clients in the international trade market. It offers a range of services including trade financing, export financing, import financing, and risk management. The company has a strong focus on providing quality services to its clients and has a reputation for being a reliable and trustworthy partner in the international trade market.
Summary
Investing in NAVIENT CORPORATION can be a great way to generate passive income, as it has been consistently paying a dividend of 0.64 USD per share over the last three years. This dividend offers investors an average yield of 3.9%, making NAVIENT CORPORATION an attractive option for dividend investors. NAVIENT CORPORATION also offers a wide range of other investments, such as bonds and stocks, which have also seen strong returns over recent years. With its impressive payout ratio and low volatility, NAVIENT CORPORATION is an ideal investment for those looking for a reliable and steady return.
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