Ex-Div Reminder for SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B

On 12/2/15, SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, par value $0.20 per share (SLMBP) will trade ex-dividend, for its quarterly dividend of $0.5145, payable on 12/15/15. As a percentage of SLMBP's recent share price of $47.49, this dividend works out to approximately 1.08%, so look for shares of SLMBP to trade 1.08% lower all else being equal when SLMBP shares open for trading on 12/2/15..