Navient Corporation (NAVI) to Issue Quarterly Dividend of $0.16 on June 19th

Posted by Linda Flegge on May 23rd, 2026

Navient Corporation (NASDAQ:NAVI – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 5th will be paid a dividend of 0.16 per share by the credit services provider on Friday, June 19th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, June 5th.

Navient has a dividend payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Navient to earn $0.91 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 70.3%.

Navient Price Performance

Shares of NAVI stock opened at $8.44 on Friday. The stock has a 50-day moving average price of $8.43 and a 200 day moving average price of $10.35. The company has a quick ratio of 7.67, a current ratio of 7.67 and a debt-to-equity ratio of 16.49. The firm has a market cap of $793.28 million, a price-to-earnings ratio of -13.40 and a beta of 1.24. Navient has a 12 month low of $7.80 and a 12 month high of $16.07.

Navient (NASDAQ:NAVI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The credit services provider reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The firm had revenue of $152.00 million during the quarter, compared to analyst estimates of $141.47 million. Navient had a positive return on equity of 4.39% and a negative net margin of 1.94%.During the same period last year, the company earned $0.25 earnings per share. Research analysts expect that Navient will post 0.71 EPS for the current year.

About Navient

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Navient Corporation (NASDAQ: NAVI) is a specialized provider of asset management and business processing solutions, with a primary focus on student loan servicing. Established in 2014 through the separation from Sallie Mae, Navient assumed responsibility for servicing federal and private education loans, positioning itself as one of the largest servicers of higher education debt in the United States.

The company’s core activities center on federal student loan servicing under contracts with the U.S.