Navient Corporation (NASDAQ:NAVI) Declares Quarterly Dividend of $0.16

Posted by Stephan Jacobs on Aug 14th, 2026

Navient Corporation (NASDAQ:NAVI – Get Free Report) declared a quarterly dividend on Thursday, August 13th. Shareholders of record on Friday, September 4th will be paid a dividend of 0.16 per share by the credit services provider on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Friday, September 4th.

Navient has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Navient to earn $0.95 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 67.4%.

Navient Price Performance

Shares of NASDAQ:NAVI opened at $9.24 on Friday. The company has a debt-to-equity ratio of 16.73, a quick ratio of 7.67 and a current ratio of 10.53. The firm has a market cap of $866.53 million, a price-to-earnings ratio of -18.48 and a beta of 1.18. The business has a 50-day simple moving average of $8.45 and a two-hundred day simple moving average of $8.65. Navient has a fifty-two week low of $7.33 and a fifty-two week high of $13.87.

Navient (NASDAQ:NAVI – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The credit services provider reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.09. Navient had a negative net margin of 1.64% and a positive return on equity of 4.68%. The firm had revenue of $150.00 million for the quarter, compared to the consensus estimate of $142.87 million. During the same quarter last year, the firm posted $0.20 EPS. On average, analysts expect that Navient will post 0.76 earnings per share 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.