Navient Corporation

The dividend has not been reduced for 11 consecutive years.The forecast annual dividend is $0.64 per share or unit, with a forecast yield of 7.22%.Dividend on equity (DOE) is 1.92%, -0.30 points year over year.

Dividend on equity (DOE) is the annual dividend as a percentage of shareholders’ equity. Because it is less affected by temporary earnings swings, it helps assess the continuity of a company’s shareholder return policy.