GlobeNewswire Inc | Aug 7, 2020 05:00PM EDT

August 07, 2020

WILMINGTON, Del., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2020 third quarter dividend of $0.16 per share on the company's common stock.

The third quarter 2020 dividend will be paid on September 18, 2020, to shareholders of record at the close of business on September 4, 2020.

About NavientNavient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. We help our clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com.

Contact:Media: Paul Hartwick, 302-283-4026,paul.hartwick@navient.com

Investors: Joe Fisher, 302-283-4075,joe.fisher@navient.comNathan Rutledge, 703-984-6801,nathan.rutledge@navient.com

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