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Banco Santander Share Price (BNC)
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Banco Santander||LSE:BNC||London||Ordinary Share||ES0113900J37||ORD EUR0.50 (CDI)|
|Price Change||% Change||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)||RN||NRN|
Banco Santander (BNC) Latest News
Banco Santander News
|04/2/2016||16:48||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|04/2/2016||11:13||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|03/2/2016||17:43||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|03/2/2016||16:56||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|03/2/2016||08:41||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|28/1/2016||10:55||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|28/1/2016||10:52||UKREG||Banco Santander S.A. Director/PDMR Shareholding|
|27/1/2016||07:00||UKREG||Banco Santander S.A. 2015 results press release|
|27/1/2016||07:00||UKREG||Banco Santander S.A. 2015 results report, presentation & charts|
|26/1/2016||15:11||UKREG||Banco Santander S.A. 2015 results presentation|
Banco Santander (BNC) Share Charts
1 Year Banco Santander Chart
1 Month Banco Santander Chart
Intraday Banco Santander Chart
Banco Santander (BNC) Discussions and Chat
Banco Santander Forums and Chat
|28/4/2015||06:14||Banco Santander - Charts||1,354|
|19/12/2008||13:18||Santander with Charts & News||6|
|31/12/2004||15:55||Meridian: Gold Sector Bellwether||22|
|14/1/2003||21:32||Brancote Up for Sale...?||291|
Banco Santander (BNC) Top Chat Posts
|pvb: Third Interim dividend of €0.05
|my retirement fund: Regards dividends, surely as the share price drops they have to offer more shares, so rather than 49 shares next time its more likely to be say 55 ?|
|farmsted: Some challenge, the share price has dropped 25% in the last 2 months and we still get more sells than buys. Were is the bottom of what I thought was one of the best banks in Europe ??|
|cabreado: Clearly the change on capital rules has taken effect this morning and this will push Santander's share price up. #tlac I think a sharp + quick recovery is on the way to 500p +|
|farmsted: Big Big sell off today and the share price goes up, as a long term holder I cann't read this or am I missing something ??|
|its the oxman: The share price has taken a big of punishment recently. Looking very good value now at 460p.|
|acamas: The share price reacting to the outcome of the elections in Spain over the last weekend?|
|leebong: How Strong Are Banco Santander SA's Dividends?
By Alan Oscroft - Thursday, 24 July, 2014 | See also: BNCSAN
Santander Shares in Banco Santander (LSE: BNC) (NYSE: SAN.US) have soared by more than 30% over the past 12 months to 587p, while the FTSE 100 has struggled to manage a 3% rise.
And that's in a year when the bank's dividend is expected to be cut by a couple of percent over the next two years, and after the shares finished 2013 on a lofty P/E of 17. So what gives?
To answer that, we need to look at Santander's historical dividends and at what lay behind them.
In 2013 the bank provided shareholders with a whopping 8.8% dividend yield, and its value exceeded Santander's actual earnings by 50%! Still, at least earnings did rise that year. 2012 concluded four years of declining earnings, but still brought a dividend yield of 9.7% - the dividend amounted to 2.6 times earnings that year!
Santander was able to get away with such high dividends because the majority of shareholders have traditionally elected to take its scrip offering instead of cash. So the bank doesn't actually have to hand over any cash, it just issues more shares to take care of it.
Of course, there's no such thing as a free dividend, and that practice leads to ever more dilution of each subsequent year's earnings.
Such high yields do also attract more and more people wanting actual cash, so something has to be done. To that end, with earnings forecast to rise strongly over the next two years and the dividend expected to be cut back gradually, we should see Santander moving towards a more conventional and sustainable dividend model - and by December 2015 the dividend should even be covered by earnings for the first time since 2010.
We have a current consensus for a 23% rise in earnings per share (EPS) for this year followed by a further 20% for 2015. That should provide dividend cover of 1.2 times by 2015 - not enough, but much better - and it would drop the P/E from last year's 17 to 12 this year and around 10 the year after.
The yields will still be high, with 7.6% and 6.8% penciled in for 2014 and 2015 respectively, but I'd expect it to drop to the 4-5% range within five years.
Santander is still a bank that is capable of rewarding shareholders well, despite its quirky dividend policy of the past few years. It's well worth remembering what the bank said at the time of its 2013 annual results...
"The total shareholder return, based on the share price performance plus the dividend, was 43.5% between the beginning of 2008 and the end of 2013, compared with an average 17.4% for European banks."
Banco Santander (BNC) Latest Trade
Banco Santander Most Recent Trade
|Trade Type||Trade Size||Trade Price||Trade Date||Trade Time||Currency|
|474||273.30||08 Feb 2016||17:05:48||GBX|