Banco Santander, S.A. (SAN) Announces Quarterly Dividend of $0.20
Banco Santander, S.A. (NYSE:SAN) declared a quarterly dividend on Monday, October 7th, Analyst Ratings.Net reports. Investors of record on Tuesday, October 15th will be given a dividend of $0.2043 per share on Wednesday, November 13th. This represents a $0.82 dividend on an annualized basis and a yield of 9.49%. The ex-dividend date of this dividend is Thursday, October 10th.
A number of research firms have recently commented on SAN. Analysts at Nomura upgraded shares of Banco Santander, S.A. from a “reduce” rating to a “neutral” rating in a research note to investors on Friday. On the ratings front, analysts at HSBC upgraded shares of Banco Santander, S.A. from an “underweight” rating to a “neutral” rating in a research note to investors on Wednesday, September 18th. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Banco Santander, S.A. from an “underweight” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.
Banco Santander, S.A. (NYSE:SAN) traded down 0.58% during mid-day trading on Monday, hitting $8.61. The stock had a trading volume of 4,135,451 shares. Banco Santander, S.A. has a 1-year low of $6.31 and a 1-year high of $8.86. The stock has a 50-day moving average of $7.73 and a 200-day moving average of $7.20. The company has a market cap of $83.660 billion and a price-to-earnings ratio of 26.01.
Banco Santander, S.A. (NYSE:SAN) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.02. The company had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $10.27 billion. The company’s revenue for the quarter was down 7.8% on a year-over-year basis.
Banco Santander, SA (NYSE:SAN)is a financial group operating principally in Spain, the United Kingdom, Portugal, other European countries, Brazil and other Latin American countries and the United States, offering a range of financial products.
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