Banco Santander, S.A. Plans Quarterly Dividend of $0.21 (SAN)
Banco Santander, S.A. (NYSE:SAN) announced a quarterly dividend on Wednesday, January 8th, StockRatingsNetwork.com reports. Stockholders of record on Tuesday, January 14th will be paid a dividend of 0.205 per share on Wednesday, February 12th. This represents a $0.82 annualized dividend and a dividend yield of 8.83%. The ex-dividend date is Friday, January 10th.
SAN has been the subject of a number of recent research reports. Analysts at Goldman Sachs Group Inc. downgraded shares of Banco Santander, S.A. from a “neutral” rating to a “sell” rating in a research note to investors on Monday, December 9th. On a related note, analysts at Morgan Stanley downgraded shares of Banco Santander, S.A. from an “overweight” rating to an “equal weight” rating in a research note to investors on Wednesday, November 13th. Finally, analysts at Deutsche Bank downgraded shares of Banco Santander, S.A. from a “hold” rating to a “sell” rating in a research note to investors on Thursday, October 24th. Three analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold”.
Banco Santander, S.A. (NYSE:SAN) traded up 0.65% during mid-day trading on Wednesday, hitting $9.29. 8,923,027 shares of the company’s stock traded hands. Banco Santander, S.A. has a 52-week low of $6.31 and a 52-week high of $9.32. The stock has a 50-day moving average of $8.73 and a 200-day moving average of $8.00. The company has a market cap of $99.193 billion and a price-to-earnings ratio of 20.74.
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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