Banco Santander (LON:BNC) Reaches New 1-Year High - Still a Buy?

Banco Santander, S.A. (LON:BNC - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 538 ($6.98) and last traded at GBX 538 ($6.98), with a volume of 671378 shares changing hands. The stock had previously closed at GBX 527 ($6.83).

Banco Santander Stock Up 0.9 %

The business's fifty day moving average is GBX 464.37 and its two-hundred day moving average is GBX 404.39. The stock has a market capitalization of £98.57 billion, a PE ratio of 8.42, a price-to-earnings-growth ratio of 2.18 and a beta of 1.32.

Banco Santander Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Tuesday, April 29th will be issued a €0.11 ($0.12) dividend. The ex-dividend date of this dividend is Tuesday, April 29th. This is an increase from Banco Santander's previous dividend of $0.10. This represents a dividend yield of 1.69%. Banco Santander's payout ratio is 26.64%.

About Banco Santander

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.