SLM is a holding company. Through its subsidiaries, Co. originates and services Private Education Loans. Private Education Loans are education loans for students or their families that are not made, insured or guaranteed by any state or federal government. Co. has expanded its offerings to include loan products for specific graduate programs of study including the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, and the Sallie Mae Graduate School Loan. Co.'s Private Education Loans include protections for the family, including loan forgiveness in case of death or permanent disability of the student borrower and on-line tutoring services for borrowers with a Smart Option Student Loan. The SLM stock yearly return is shown above.
The yearly return on the SLM stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2013 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SLM annual return calculation with any dividends reinvested as applicable (on ex-dates).
|