Banco Santander, S.A. (NYSE:SAN) is expected to pay $0.04 on Nov 14, 2016. The indicated annual dividend is $0.21. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on Banco Santander, S.A.’s current price of $4.38, the dividend is 0.87%. This dividend’s record date is Oct 17, 2016 and the announcement date is Oct 7, 2016. The stock decreased 0.90% or $0.04 during the last trading session, hitting $4.38. About 2,100 shares traded hands. Banco Santander, S.A. (ADR) (NYSE:SAN) has declined 2.45% since March 9, 2016 and is downtrending. It has underperformed by 9.86% the S&P500.
Banco Santander, S.A. is a retail and commercial bank. The company has a market cap of $63.64 billion. The Bank’s principal business is to attract deposits and provide loans. It has a 11.45 P/E ratio. The Bank focuses its wholesale banking offer on providing services to its main clients in local markets.
Banco Santander, S.A. (ADR) (NYSE:SAN) Ratings Coverage
Out of 9 analysts covering Banco Santander (NYSE:SAN), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. Banco Santander has been the topic of 11 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm earned “Conviction Buy” rating on Tuesday, March 8 by Goldman Sachs. The stock of Banco Santander, S.A. (ADR) (NYSE:SAN) earned “Neutral” rating by JP Morgan on Wednesday, September 30. The company was downgraded on Friday, July 31 by Kepler Cheuvreux. The firm earned “Hold” rating on Friday, August 28 by Deutsche Bank. The firm has “Overweight” rating given on Monday, April 25 by JP Morgan. The firm has “Buy” rating by Citigroup given on Friday, September 18. The company was upgraded on Friday, August 14 by HSBC. Natixis upgraded the stock to “Buy” rating in Tuesday, October 11 report. BNP Paribas upgraded the shares of SAN in a report on Monday, January 11 to “Outperform” rating. The stock of Banco Santander, S.A. (ADR) (NYSE:SAN) has “Overweight” rating given on Tuesday, September 6 by Barclays Capital.
More news for Banco Santander, S.A. (ADR) (NYSE:SAN) were recently published by: Prnewswire.com, which released: “BNY Mellon Appointed as Depositary Bank by Banco Santander S.A.” on October 11, 2016. Businessfinancenews.com‘s article titled: “Banco Santander, S.A. (ADR): Is Raising Dividend the Only Way Out?” and published on March 21, 2016 is yet another important article.
SAN Company Profile
Banco Santander, S.A., incorporated on January 14, 1875, is a retail and commercial bank. The Bank’s principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main clients in local markets. The Company’s commercial model satisfies the needs of all types of customers: individuals with different income levels; companies of any size and different sectors of activity; private companies, and public institutions. The Banks divisions include Continental Europe, United Kingdom, Latin America and United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the holding company, Santander Holdings USA (SHUSA), the businesses of Santander Bank, Santander Consumer USA and Banco Santander Puerto Rico, the specialized unit of Banco Santander International and Spanish Branch of Santander in New York.
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