SAN Dividend History & Analysis | 2.5% Yield

SAN has a dividend yield of 2.5% and paid 0.24 EUR per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.51%
Payout Ratio 26.4%
Growth Rate CAGR 5y 31.2%
Consistency Lifetime 87.7%
Yield on Cost 5y 8.3%
Payout FCF 4.3%
Streak Years 5
Dividend Rating 71%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Diversified Banks

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SAB 16,516 M 17.34% 110.30%
BAMI 23,411 M 8.06% 49.75%
BMA 5,406 M 6.75% 37.02%
GGAL 8,059 M 5.23% 26.73%
ISP 117,483 M 6.82% 23.21%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
BMPS 32,547 M 244.00% 34.6%
BAP 27,221 M 99.19% 83.3%
BAMI 23,411 M 105.02% 49.1%
CABK 93,782 M 102.90% 83.2%
UNI 8,443 M 83.45% 78.3%
Quality Dividend Peers in Diversified Banks BAP Credicorp
4.79% Yield BBVA Banco Bilbao Viscaya
4.90% Yield BBVA Banco Bilbao Vizcaya
3.96% Yield CABK Caixabank
4.15% Yield ING ING
5.44% Yield SMFG Sumitomo Mitsui Financial
3.14% Yield
SAN Dividend History: Last 50 Payments (EUR) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-04-30 2026-05-05 Final 0.125 +8.7% 1.23%
2025-10-30 2025-11-03 Interim 0.115 +4.5% 1.28%
2025-04-29 2025-05-02 Final 0.11 +10% 1.69%
2024-10-30 2024-11-01 Interim 0.1 +5.3% 2.25%
2024-04-29 2024-05-02 Final 0.095 +17.3% 1.94%
2023-10-31 2023-11-02 Interim 0.081 +36.1% 2.31%
2023-04-27 2023-05-02 Final 0.0595 +2.1% 1.81%
2022-10-31 2022-11-02 Interim 0.0583 +13.2% 2.22%
2022-04-28 2022-05-02 Final 0.0515 +6.2% 1.81%
2021-10-29 2021-11-02 Interim 0.0485 +76.4% 1.49%
2021-04-30 2021-05-04 Final 0.0275 -72.5% N/A
2019-10-30 2019-11-01 Interim 0.1 +53.8% N/A
2019-04-29 2019-05-02 Quarterly 0.065 0% N/A
2019-01-30 2019-02-01 Quarterly 0.065 +85.7% N/A
2018-10-18 2018-11-05 Quarterly 0.035 -46.2% N/A
2018-07-30 2018-08-01 Quarterly 0.065 +8.3% N/A
2018-04-27 2018-05-02 Quarterly 0.06 0% N/A
2018-01-30 2018-02-01 Quarterly 0.06 +50% N/A
2017-10-18 2017-11-03 Quarterly 0.04 -33.3% N/A
2017-08-02 2017-08-04 Quarterly 0.06 +10.9% N/A
2017-04-27 2017-05-02 Quarterly 0.0541 0% N/A
2017-01-30 2017-02-01 Quarterly 0.0541 +22.2% N/A
2016-10-18 2016-11-03 Quarterly 0.0443 -18.2% N/A
2016-07-27 2016-08-01 Quarterly 0.0541 +10% N/A
2016-04-28 2016-05-03 Quarterly 0.0492 0% N/A
2016-02-01 2016-02-01 Quarterly 0.0492 0% N/A
2015-10-20 2015-11-06 Quarterly 0.0492 0% N/A
2015-08-03 2015-08-01 Quarterly 0.0492 -66.9% N/A
2015-04-14 2015-05-04 Quarterly 0.1485 +3.4% N/A
2015-01-14 2015-02-02 Quarterly 0.1436 -3.3% N/A
2014-10-20 2014-11-06 Quarterly 0.1485 -0.7% N/A
2014-07-15 2014-08-01 Quarterly 0.1495 +29.1% N/A
2014-04-14 0.1158 -21% N/A
2014-04-10 2014-05-09 Quarterly 0.1466 +26.6% N/A
2014-04-09 0.1158 -22.6% N/A
2014-01-13 2014-02-07 Quarterly 0.1495 -0.7% N/A
2013-10-14 2013-11-08 Quarterly 0.1505 +2% N/A
2013-07-15 2013-08-01 Quarterly 0.1475 0% N/A
2013-04-10 2013-05-08 Quarterly 0.1475 -1.3% N/A
2013-01-11 2013-02-08 Quarterly 0.1495 +1.3% N/A
2012-10-17 2012-11-05 Quarterly 0.1475 -1.3% N/A
2012-07-11 2012-08-13 Quarterly 0.1495 -30.9% N/A
2012-04-13 2012-05-03 Quarterly 0.2164 +84.9% N/A
2012-01-16 2012-02-02 Quarterly 0.1171 -5.5% N/A
2011-10-17 2011-11-03 Quarterly 0.1239 -6.8% N/A
2011-08-01 2011-08-01 Quarterly 0.133 -40.9% N/A
2011-05-02 2011-05-02 Quarterly 0.225 +92.6% N/A
2011-01-17 2011-02-01 Quarterly 0.1169 -0.2% N/A
2010-10-15 2010-11-01 Quarterly 0.1171 -12% N/A
2010-08-02 2010-09-01 Quarterly 0.133 0% N/A

SAN Dividend FAQ

What is the Dividend Yield of SAN?

As of June 2026, SAN's dividend yield is 2.51%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.24 EUR by the current share price of 10.67.

Does SAN pay a dividend?

As of June 2026, SAN paid a dividend of 0.24 EUR in the last 12 months. The last dividend was paid on 2026-04-30 and the payout was 0.125 EUR.

How often does SAN pay dividends?

SAN pays dividends semi-annually. Over the last 12 months, SAN has issued 2 dividend payments. The last dividend payment was made on 2026-04-30.

SAN dividend forecast

Based on historical data, the forecasted dividends per share for SAN for the next payments are between 0.107 (-14.4%) and 0.108 (-13.6%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 2.01%.

Will SAN pay dividends in 2026?

The latest dividend paid per share was 0.125 EUR with an Ex-Dividend Date of 2026-04-30. The next Ex-Dividend date for Banco Santander S.A. (SAN) is currently unknown.

What is the next Ex-Dividend Date for SAN?

The next Ex-Dividend date for Banco Santander S.A. (SAN) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of SAN?

SAN's average dividend growth rate over the past 5 years is 31.2% per year. Strong growth: SAN's dividend growth is outpacing inflation.

What is the Yield on Cost of SAN?

SAN's 5-Year Yield on Cost is 8.30%. If you bought SAN's shares at 2.89 EUR five years ago, your current annual dividend income (0.24 EUR per share, trailing 12 months) equals 8.30% of your original purchase price.

What is the Payout Consistency of SAN?

SAN Payout Consistency is 87.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Banco Santander S.A. has a good track record of consistent dividend payments over its lifetime.

Does SAN have a good Dividend Yield?

SAN's 2.51% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of SAN?

The Dividend Payout Ratio of SAN is 26.4%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of SAN?

SAN's Overall Dividend Rating is 71.00%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

SAN Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in SAN's Outstanding Shares?

Banco Santander S.A.'s outstanding shares have decreased by approximately 3.46% annually over the past 3 years (Trend Reliability: -51.1%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has SAN ever had a Stock Split?

Yes, the last stock split was on Nov 16, 2020 with a ratio of 24:23. This was a forward split: Each share became 1.04 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1987 2,042,768,000 0%
1988 2,042,768,000 0%
1989 2,042,768,000 0%
1990 2,042,768,000 0%
1991 2,042,768,000 0%
1992 1,448,092,000 -29.11%
1993 1,701,525,000 +17.5%
1994 2,304,038,000 +35.41%
1995 2,641,969,000 +14.67%
1996 2,618,278,000 -0.9%
1997 2,289,254,000 -12.57%
1998 3,168,327,000 +38.4%
1999 3,779,999,000 +19.31%
2000 4,711,812,000 +24.65%
2001 4,759,863,000 +1.02%
2002 4,975,303,000 +4.53%
2003 4,975,724,000 +0.01%
2004 4,975,724,000 0%
2005 6,526,221,000 +31.16%
2006 6,525,911,000 -0%
2007 6,512,764,000 -0.2%
2008 6,963,701,000 +6.92%
2009 8,955,041,000 +28.6%
2010 8,586,780,000 -4.11%
2011 9,055,661,000 +5.46%
2012 10,460,867,000 +15.52%
2013 12,289,852,000 +17.48%
2014 13,555,897,000 +10.3%
2015 15,234,779,000 +12.38%
2016 15,469,192,000 +1.54%
2017 18,489,209,000 +19.52%
2018 17,089,535,000 -7.57%
2019 17,326,230,000 +1.39%
2020 17,311,025,000 -0.09%
2021 17,311,025,000 0%
2022 24,355,617,000 +40.69%
2023 15,886,330,400 -34.77%
2024 16,325,000,000 +2.76%
2025 14,869,796,000 -8.91%
2026 14,677,923,000 -1.29%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-02 02:55 UTC