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STD Banco Santander, S.A. Sponsored Adr (Spain)

6.10
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Banco Santander, S.A. Sponsored Adr (Spain) NYSE:STD NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.10 0.00 01:00:00

Banco Santander to Raise 2018 Dividend, Pay Full-Cash Dividend for 2019

23/03/2018 11:05am

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Banco Santander (NYSE:STD)
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   By Pietro Lombardi 
 

Banco Santander SA (SAN.MC) plans to raise its 2018 dividend to 0.23 euros ($0.28) and pay full-cash dividend as of 2019, Executive Chairman Ana Botín said at the company's annual general meeting Friday.

The 2018 dividend would represent a 4.5% increase compared with that paid for 2017, the bank said. It will be paid in four payments, three of which will be in cash, while for the fourth one shareholders can choose between cash and shares.

"The Board's intention is to [...] pay entirely in cash as of 2019," the Ms. Botín said.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

March 23, 2018 06:50 ET (10:50 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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