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) -- The ex-dividend date for

SLM Corporation



) is tomorrow, June 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $17.01 as of 9:32 a.m. ET, the dividend yield is 2.4%.

The average volume for SLM has been 3.7 million shares per day over the past 30 days. SLM has a market cap of $8.9 billion and is part of the


sector and

financial services

industry. Shares are up 33.8% year to date as of the close of trading on Friday.

SLM Corporation, through its subsidiaries, provides education finance in the United States. The company has a P/E ratio of 17.9, below the average financial services industry P/E ratio of 21.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates SLM as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full

SLM Ratings Report


See our

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