SLM is a holding company. Through its subsidiary, Co.'s primary business is to originate and service 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. also provides a range of deposit products insured by the Federal Deposit Insurance Corporation. Co. also provides six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School 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 2022 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).
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