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Banco Santander (LON:BNC) Reaches New 12-Month High - What's Next?

Banco Santander logo with Financial Services background
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Shares of Banco Santander, S.A. (LON:BNC - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 557 ($7.21) and last traded at GBX 552 ($7.14), with a volume of 327465 shares changing hands. The stock had previously closed at GBX 551 ($7.13).

Banco Santander Trading Down 1.7 %

The stock has a market cap of £97.28 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 2.18 and a beta of 1.32. The stock's 50 day moving average is GBX 482.45 and its two-hundred day moving average is GBX 411.86.

Banco Santander Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 2nd. Investors of record on Tuesday, April 29th will be issued a dividend of €0.11 ($0.12) per share. The ex-dividend date of this dividend is Tuesday, April 29th. This represents a dividend yield of 1.69%. This is a positive change from Banco Santander's previous dividend of $0.10. Banco Santander's dividend payout ratio (DPR) is currently 26.64%.

Banco Santander Company Profile

(Get Free Report)

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.

Further Reading

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