Santander raises dividend as Banco Santander stock sits 10.44 percent below its high

Published on 10/02/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Santander will pay EUR 0.13 per share on November 2, 2026, up 10.00 percent. Banco Santander stock costs EUR 11.75 on October 2, 2026 versus EUR 11.80.

SAN, US05964H1059, Illustration mit AI erstellt.

Banco Santander (ISIN US05964H1059) raised its 2026 interim cash dividend by 10.00 percent to EUR 0.13 per share, leaving Banco Santander stock 10.44 percent below its EUR 13.12 52-week high on October 2, 2026. According to Santander on September 29, 2026, the payment is scheduled for November 2, 2026.

Dividend rises with first-half profit

The payout increase is backed by record underlying profit of EUR 7.328 billion in the first half of 2026, up 15.00 percent from the comparable period. The same report puts first-half revenue at EUR 30.847 billion, up 6.00 percent, while the efficiency ratio improved by 2.90 percentage points to 42.80 percent.

According to Santander, total interim shareholder remuneration against first-half 2026 results will reach EUR 3.7 billion, split between the cash dividend and a share buyback programme.

Capital return meets a measured price

The distribution policy is substantial, but the share price remains below its recent peak. The EUR 11.75 Lang & Schwarz price is 10.44 percent below the EUR 13.12 52-week high and 45.06 percent above the EUR 8.10 low, based on the euro quote range for October 2, 2026.

For investors, the key comparison is between growing distributions and the bank's profitability target. Santander continues to target underlying profit above the EUR 14.1 billion reported for 2025 and a year-end CET1 ratio between 12.80 percent and 13.00 percent for 2026, according to Santander.

Next results arrive October 28

Banco Santander's investor-relations calendar lists the 9M 2026 earnings presentation for October 28, 2026. That date gives the market its next scheduled test of revenue growth, efficiency and capital generation after the first-half figures.

Banco Santander stock was trading at EUR 11.75 at Lang & Schwarz on October 2, 2026 at 1:31 p.m. CEST, down 0.42 percent versus the prior close of EUR 11.80 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.