Sant Uk.8fepf Discussion Threads

[cwa1] 07/5/2024 16:22

Shome Mishtake Shurely...with that closing trade of 75.000 shares at 144p??!!

[jong] 07/3/2024 11:28

XD today. 4.3125p per share payable on or around Friday 5th April.

[jong] 07/9/2023 08:42

XD today. 4.3125p per share payable on Frid 6th Oct.

[cwa1] 16/3/2016 18:28

Good news from hiriskpaul on TMF:-


Just had an email from Santander IR - pref dividends will be going up from 5 April 2016!

[holts] 10/3/2016 08:36

Thanks , will be interesting to see what is paid , the mark down seems light , not that really means much .

[cwa1] 09/3/2016 16:07

Holts. FWIW I think they SHOULD pay out the gross amount. The dividend is paid out in the new tax year AFTER the new rules have come in to force(even if it is only on THAT day it does). But that's only my opinion. I don't think the notional ex or entitlement date should come in to it-but I could well be wrong :-)

[holts] 09/3/2016 15:50

are these paying the lower or higher amount now ? ie Gross

[my retirement fund] 13/5/2015 23:17

Just under 25,000,000 of these left in issue so must be an easy target to extinguish in the market after the last tend when they were ANLB

[my retirement fund] 11/5/2015 15:58

SAN now paying 159.6p to buy

SANB beginning to look attractive again.

[badtime] 20/4/2015 11:21

Agreed Enviro

[envirovision] 20/4/2015 10:33

Nothing between them anymore:


net 9.33%, SAN, to buy = 156.2p, yield to buy = 5.98%

net 7.7625%, SANB, to buy = 130p, yield to buy = 5.97%

[cwa1] 17/4/2015 11:48

Certainly not me enviro. However it's only fair to mention that Santander have guided to a range where they MAY buy some, which is fairly wide. I'd be surprised if they bought any under the current market price for some of the reasons you have mentioned above and it would certainly take a premium to the current price to prise them from my hands under the current economic environment. Just my tuppence worth.

[envirovision] 17/4/2015 11:19

Are we saying they have a hope in hells chance of actually buying these things back at a discount to market price ?

I am bullish badtime is right, I can imagine yields in santanders prefs falling to 5% for them to begin to have a hope of meeting this proposal.

Another thing, similar preference share are becoming an endangered species and those exiting here at a premium will be wanting to invest in other similar prefs including those income funds who are holding these !

I think anyone of imagines these will do anything else other than increase in price needs to speak up now !

[badtime] 17/4/2015 11:08

Yes I saw you mentioned that on another thread....Enviro in his bullishness omitted that :)

[cwa1] 17/4/2015 11:05

....and also from :-)

[badtime] 17/4/2015 11:02

I guess key words 'up to'

[wirralowl] 17/4/2015 10:57

Thanks enviro, hadn't seen anything on this, but as a holder, sounds promising. Do you have any links to their proposal / info on any dates?

Edit. Sorry, just seen the link on the other San prefs thread.

[envirovision] 17/4/2015 10:46

In case anyone has missed it, they are asking for a proposal to buy these back at upto 125% of market price. Thats up to 162.5 pence in todays money making the present market offer somewhat of a bargain.

[4spiel] 07/4/2014 20:02

This doing well and not over expensive for the yield. Dividend received today. Santander would like to sell their UK unit at a profit but its a popular brand - as its tagged SANB the parent company will probably pay up the coupon irrespective of the units profits which are currently ok.

[4spiel] 11/6/2013 13:03

Getting cheap -worth another buy soon maybe- but this a good trading unit in UK. Santander planning to sell this in 2014. Who might buy it?

[4spiel] 28/8/2012 13:29

EX DIV 1/9 and 1/3 There was a ruling recently from FSA restricting the ability of the parent company Banco Santander to repatriate monies from Santander UK which makes these Prefs rather a safer proposition for income investment. They are still below £1 which means they yield about 10% . Bought some on TD today for 86.4 - might be able to add for less ex div but don't bank on it !

[jonwig] 20/7/2011 06:46

Loganair - thanks for the note. I hold RUSP (since it was under £1) and am still looking at this one, despite having a long run-in with Santander regarding a probate issue and closure of some accounts.

[loganair] 18/7/2011 09:17

Got a write-up in IC saying the 3 Pref shares worth looking at are these with NWBD (NatWest) and RUSP (Raven Russia).

[the other kevin] 28/6/2011 11:03

From Collins Stewart: Santander 8.625% pref - 40,000 offered @ 92.75 - (LSE code SANB.L) - current spread 92/96.5