Banco Santander (LON:BNC) Shares Pass Above 50 Day Moving Average of $345.57

Shares of Banco Santander, S.A. (LON:BNC) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 345.57 ($4.37) and traded as high as GBX 394.13 ($4.99). Banco Santander shares last traded at GBX 387.50 ($4.90), with a volume of 159,332 shares changing hands.

Banco Santander Price Performance

The firm has a market capitalization of £61.37 billion, a PE ratio of 700.00, a PEG ratio of 1.25 and a beta of 1.36. The firm has a 50-day simple moving average of GBX 345.57 and a 200-day simple moving average of GBX 327.44.

Banco Santander Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 2nd. Shareholders of record on Monday, April 29th will be given a €0.10 ($0.10) dividend. This represents a yield of 2.62%. This is a boost from Banco Santander’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, April 29th. Banco Santander’s dividend payout ratio (DPR) is presently 2,678.57%.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.