The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Banco Santander, S.A. (SAN) pays a $0.13 annual dividend, yielding 2.09% at $13.30/share. Next ex-dividend date 2026-10-30. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.09%
Annual Dividend: $0.13 per share
Payout Ratio: 26.7%
Ex-Dividend Date: 2026-10-30
Dividend Frequency: semi-annually
Sector: Financial Services
Years of Dividend History: 28
Banco Santander, S.A. dividend currently yields 1.87%, paid by one of the world's largest banking networks with 9,879 branches serving retail customers, SMEs, and major corporations. SAN pays semi-annually, with the last dividend of $0.1716 per share and an ex-dividend date of May 4, 2026, putting the trailing annual rate at $0.2400 per share. With a beta of 0.933, the stock moves slightly less than the broader market. That combination of below-market volatility and a conservative payout structure makes SAN stock a fit for income investors who prioritize capital preservation over high yield.
Banco Santander, S.A. pays out 31.7% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves meaningful room to sustain payments even if earnings soften, supported by a diversified revenue base spanning retail deposits, mortgages, corporate lending, and wealth management across a global branch network. Banco Santander, S.A. dividend safety faces its most data-supported pressure from the bank's exposure to global economic cycles, which the dividend history table shows has produced real year-over-year declines in past periods.
Banco Santander, S.A. dividend history shows a CAGR of 2.5% per year from 2000 to 2017. Per-share payments moved from $0.2258 to $0.3447 over that window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 63.1% in 2008, but the history also contains at least one year-over-year decline exceeding 5%, which means growth has been uneven rather than linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +32.0% | $0.11 (2022) | $0.26 (2025) |
| 5-Year | +17.4% | $0.11 (2020) | $0.26 (2025) |
| 10-Year | -4.9% | $0.42 (2015) | $0.26 (2025) |
SAN stock fits dividend investors who want a low-payout, globally diversified bank with income that does not depend on an aggressive earnings distribution. The yield is low (below 2%), and at 1.87% it sits well above the 5-year average of 1.09%, which means the current yield is elevated relative to its own recent history. Four consecutive years of dividend increases show a rebuilding pattern, but growth has been slow at 2.5% per year over the long-term window. The trade-off is clear: investors get a conservative payout structure and below-market volatility, but not a high income rate or fast dividend growth.
| Payment Date | Amount per Share |
|---|---|
| 2026-05-04 | $0.1716 |
| 2025-10-31 | $0.1323 |
| 2025-04-30 | $0.1241 |
| 2024-10-31 | $0.1085 |
| 2024-04-29 | $0.1015 |
| 2023-10-31 | $0.0858 |
| 2023-04-27 | $0.0651 |
| 2022-10-31 | $0.0575 |
| 2022-04-28 | $0.0541 |
| 2021-10-29 | $0.0561 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.1716 |
| 2025 | $0.2564 |
| 2024 | $0.2100 |
| 2023 | $0.1509 |
| 2022 | $0.1116 |
Project income from SAN with the SAN dividend calculator or track your full portfolio with the dividend tracker.