Navient (Nasdaq: NAVI), a leading asset management and business processing services company, today announced that its board of directors approved a 2018 fourth quarter dividend of $0.16 per share on the company's common stock.

The fourth quarter 2018 dividend will be paid on December 21, 2018, to shareholders of record at the close of business on December 7, 2018.

About NavientNavient (Nasdaq: NAVI) is a leading provider of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. The company helps its clients and millions of Americans achieve financial success through services and support. Headquartered in Wilmington, Delaware, Navient also employs team members in western New York, northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia, Wisconsin, California and other locations. Learn more at navient.com.

Contact:

Media: Nikki Lavoie, 302-283-4057, nikki.lavoie@navient.com 

Investors: Joe Fisher, 302-283-4075, joe.fisher@navient.com 

NAVICF

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