Navient Corp Dividends
The next dividend date for Navient Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Navient Corp (NAVI)
More About Navient Corp
Navient Corporation provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions. It owns, originates, and services refinance and in-school private education loans; and offers business processing solutions, such as omnichannel contact center, workflow processing, and revenue cycle optimization services to federal agencies, state governments, tolling and parking authorities, other public sector clients, as well as hospitals, hospital systems, medical centers, large physician groups, other healthcare providers, and public health departments. In addition, the company provides corporate liquidity portfolio services. Navient Corporation was founded in 1973 and is headquartered in Herndon, Virginia.
Owning Navient Corp Stock on the Dividend Date
If you own Navient Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Navient Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Navient Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Navient Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Navient Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Navient Corp Dividends
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