Banco Santander (LON:BNC) Hits New 12-Month High at $403.06

Banco Santander, S.A. (LON:BNC)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 403.06 ($4.98) and last traded at GBX 399.50 ($4.93), with a volume of 46306657 shares. The stock had previously closed at GBX 385.50 ($4.76).

Banco Santander Price Performance

The company’s 50-day moving average is GBX 357.64 and its 200-day moving average is GBX 332.54. The firm has a market capitalization of £64.37 billion, a price-to-earnings ratio of 730.80, a PEG ratio of 1.18 and a beta of 1.36.

Banco Santander Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 2nd. Investors of record on Monday, April 29th will be issued a €0.10 ($0.10) dividend. This is a positive change from Banco Santander’s previous dividend of $0.08. The ex-dividend date is Monday, April 29th. This represents a yield of 2.62%. Banco Santander’s dividend payout ratio (DPR) is presently 2,678.57%.

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.