We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| 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 |
From Jun 2019 to Jun 2024
By Pietro Lombardi
Banco Santander SA (SAN.MC) plans to raise its dividend payout to a range of between 40% and 50% in the medium term and wants keep the portion of dividend it pays in cash at least at last year's level.
The increase in payout compares with the current 30%-40% range, the Spanish bank said late Tuesday.
The move is to "to align ourselves with our European peers' current practise," it said.
"The board has decided to propose to shareholders to retain the option to use a scrip dividend," the lender said. It said it could launch a share buyback.
"These proposals will provide the board with the required flexibility to determine whether or not to use these mechanisms, depending on the group's performance and its progress against the targets set," the bank said.
Banco Santander said its shareholder meeting will take place in the second week of April.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
February 27, 2019 02:17 ET (07:17 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Banco Santander Chart |
1 Month Banco Santander Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
