In this section of the page, you will find all the information you need to understand how Banco Santander (SAN) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Banco Santander dividend
Change(%)
-14.81%
Decrease
Next payment 0.069€
Next payment date Jul 5, 2024
Last payment 0.081€
Last payment date Nov 2, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 7/4/24
Estimated

Banco Santander will distribute 0,069 euros per share in the form of a dividend on July 5, 2024.

The July 4, 2024 is the ex-dividend date. So if you wish to receive Banco Santander dividends, you must buy one day before this date.

Banco Santander distributed 0.081 euros per share in the form of a dividend on November 2, 2023.

Banco Santander's dividend policy has been changing over the last few years, so it is difficult to know the exact dates, but it usually makes two dividend payments a year, the first in May and the second in November.

However, the company also carries out recurring share buybacks to attract institutional investors.

Payout Ratio Banco Santander Dividends

Banco Santander paid 1% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Banco Santander's earnings (44,141,998,080.00€) are sufficient to cover the dividend payment. This payment represents 1% of the total net profit of SAN.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Banco Santander

This is the Dividend Calendar of Banco Santander in 2023.

Event Day
Last trading date July 3, 2024
Ex-Dividend (Ex-Date) July 4, 2024
Record date July 4, 2024
Date of payment July 5, 2024
Dividends schedule Banco Santander
Data pending official confirmation from the company Banco Santander (SAN).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Banco Santander

Over the past 5 years, Banco Santander has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Banco Santander vs. the sector

Banco Santander's dividend yield (4.21%) is below the sector average (5.73%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Banco Santander's dividend yield is below the top 75% (4.44%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Banco Santander

Over the past 5 years, Banco Santander's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Banco Santander

In this table you can see the dividend history of Banco Santander:

YearEx-DividendAmountTotal
2023
10/31/2023
04/27/2023
0.081 €
0.0595 €
0.1405 €
2022
10/31/2022
04/28/2022
0.0583 €
0.0515 €
0.1098 €
2021
10/29/2021
04/30/2021
0.0485 €
0.0275 €
0.076 €
2020
04/30/2020
0.1 €
0.1 €
2019
10/30/2019
04/29/2019
01/30/2019
0.095833 €
0.062292 €
0.062292 €
0.220417 €
2018
10/18/2018
07/30/2018
04/27/2018
01/30/2018
0.033542 €
0.062292 €
0.0575 €
0.0575 €
0.210834 €
2017
10/18/2017
08/02/2017
04/27/2017
01/30/2017
0.038333 €
0.0575 €
0.051842 €
0.051842 €
0.199517 €
2016
10/18/2016
07/27/2016
04/28/2016
02/01/2016
0.042416 €
0.051842 €
0.047129 €
0.047129 €
0.188516 €
2015
10/20/2015
08/03/2015
04/14/2015
01/14/2015
0.047129 €
0.047129 €
0.142329 €
0.137616 €
0.374203 €
2014
10/20/2014
07/15/2014
04/09/2014
01/15/2014
0.142329 €
0.143271 €
0.11095 €
0.143271 €
0.539821 €
2013
10/16/2013
07/15/2013
04/12/2013
01/15/2013
0.144214 €
0.141386 €
0.141386 €
0.143271 €
0.570257 €
2012
10/17/2012
07/13/2012
04/13/2012
01/16/2012
0.141386 €
0.143271 €
0.207366 €
0.112166 €
0.604189 €
2011
10/17/2011
08/01/2011
05/02/2011
01/17/2011
0.118764 €
0.127468 €
0.215629 €
0.108611 €
0.570472 €
2010
10/15/2010
08/02/2010
05/03/2010
02/01/2010
0.110467 €
0.125537 €
0.205921 €
0.114125 €
0.55605 €
2009
11/04/2009
08/03/2009
05/01/2009
04/30/2009
02/02/2009
0.111396 €
0.125537 €
0.207846 €
0.195911 €
0.114125 €
0.754815 €
2008
11/03/2008
08/01/2008
05/02/2008
02/01/2008
0.117045 €
0.117045 €
0.244038 €
0.106405 €
0.584533 €
2007
11/01/2007
08/01/2007
05/02/2007
02/01/2007
0.106405 €
0.106405 €
0.173014 €
0.092526 €
0.47835 €
2006
11/01/2006
08/01/2006
05/02/2006
02/01/2006
0.092526 €
0.092526 €
0.11911 €
0.080457 €
0.384619 €
2005
11/01/2005
08/01/2005
05/02/2005
02/01/2005
0.080457 €
0.080457 €
0.072875 €
0.071837 €
0.305626 €
2004
11/02/2004
11/01/2004
08/02/2004
05/03/2004
02/02/2004
0.071837 €
0.071837 €
0.071837 €
0.060938 €
0.067076 €
0.343525 €
2003
11/03/2003
08/01/2003
05/02/2003
02/03/2003
0.067076 €
0.067076 €
0.052564 €
0.065022 €
0.251738 €
2002
11/01/2002
08/01/2002
04/30/2002
01/31/2002
0.065824 €
0.067905 €
0.055293 €
0.065824 €
0.254846 €
2001
10/31/2001
07/31/2001
05/01/2001
04/30/2001
01/31/2001
0.065824 €
0.065824 €
0.065022 €
0.065824 €
0.057925 €
0.320419 €
2000
11/02/2000
10/31/2000
08/02/2000
07/31/2000
05/04/2000
05/02/2000
01/31/2000
0.057219 €
0.057925 €
0.057219 €
0.057925 €
0.054094 €
0.050087 €
0.047603 €
0.382072 €
Dividend history of Banco Santander

Banco Santander dividend capture strategy

Step 1: Buy Banco Santander shares (SAN) one day before ex-dividend date
Date of purchase Jul 3, 2024
Next ex-dividend date Jul 4, 2024
Step 2: Sell Banco Santander shares (SAN) when the price recovers.
Date of sale (estimated) Jul 5, 2024
Average price recovery 2 days
Average return on cost 1.75%
The dividend capture strategy is based on historical Banco Santander data. Past performance is no guarantee of future results.

Information about Banco Santander

Full name Banco Santander, S.A.
Ticker SAN
Sector Financial Services
Industry Banks - Diversified
Market Capitalization 62.70B €
ISIN N/A
Number of Employees 212,219
Address Santander Group City, Av. de Cantabria s/n Boadilla del Monte, Madrid, 28660, Spain
Phone 34 91 259 65 20
Website https://www.santander.com
Description of the company

Banco Santander is one of the largest banks in Spain, Europe and the world. It was founded in 1857 and today has a presence in more than 10 countries in Europe, America and Asia. It is a universal financial institution, with a wide range of products and services, from current accounts and credit cards to all types of investments, insurance and corporate banking services.

The bank has developed a growth strategy through acquisitions and mergers in several countries, allowing it to increase its market presence and number of clients. Among the most noteworthy acquisitions are: Banesto, Banco Real de Brasil, among others.

In addition, it has also distributed stable dividends to its shareholders.

Frequently asked questions about Banco Santander dividends

Banco Santander pays dividends on a Semiannual basis.

Banco Santander is listed on the Madrid Stock Exchange and is part of the Ibex35.

Banco Santander has the Ticker or stock code SAN.

Banco Santander belongs to the Financial Services sector and the Banks - Diversified industry.

The CEO of Banco Santander in 2023 is Ms. Ana Botin-Sanz de Sautuola y O'Shea.

At this moment, the value of a Banco Santander share is 3.92€.

Banco Santander does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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