GlobeNewswire Inc | Feb 4, 2021 04:10PM EST

February 04, 2021

WILMINGTON, Del., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2021 first quarter dividend of $0.16 per share on the company's common stock.

The first quarter 2021 dividend will be paid on March 19, 2021, to shareholders of record at the close of business on March 5, 2021.

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. Navient helps 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: Nathan Rutledge, 703-984-6801, nathan.rutledge@navient.com