SmarterDividends
SAN

Banco Santander, S.A.

SAN

Financial Services · Stock · semiannual payer

Forward Yield

2.23%

Annual Dividend

$0.28

Payout Ratio

25%

5-Yr Growth

Ex-Date

May 4, 2026

Frequency

Semiannual

SAN Dividend Safety Score

69/ 100
Grade B

Safe

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage25% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SAN a good dividend stock?

Yes, with caveats

Banco Santander, S.A. (SAN) pays a semiannual dividend yielding 2.23% ($0.28/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (25%)
  • 215% total price return over 5 years

Risks

  • Cut its dividend in 2015

Key Data

Dividend Yield
2.23%
Payout Ratio
25%
Annual Dividend
$0.28
5-Yr Avg Growth
Ex-Dividend Date
May 4, 2026
Years of Growth
4
Frequency
semiannual
Beta
0.95
Market Cap
$179.6B
P/E Ratio
12.1
5-Yr Total Return
215%
52-Week Range
$7.83 – $13.24
Dividend Safety
B · 69/100
Ever Cut?
Yes (2015)
SAN ex-dividend date & scheduleNext ex-date May 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.28 / yr per share

Per payment (semiannual)$14.00
Annual$28.00
Monthly avg$2.33