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: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Banco Santander, S.A. (SAN) pays a $0.24 annual dividend, yielding 1.87% at $14.93/share. Next ex-dividend date 2026-05-04. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.87%
Annual Dividend: $0.24 per share
Payout Ratio: 31.7%
Ex-Dividend Date: 2026-05-04
Sector: Financial Services
Years of Dividend History: 28
Banco Santander, S.A. dividend currently yields 1.87%, backed by one of the world's largest banking networks with 9,879 branches serving retail customers, SMEs, and major corporations. The trailing annual dividend rate stands at $0.2400 per share, with the next ex-dividend date set for May 4, 2026. SAN operates across retail banking, corporate finance, wealth management, and insurance, giving it broad revenue exposure across geographies and client types. A beta of 0.933 places SAN slightly below market volatility, which appeals to income investors who prioritize steadier price behavior over maximum yield.
Banco Santander, S.A. pays out 31.7% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings as dividends means the bank keeps the majority of profits to reinvest across its extensive operations, from syndicated corporate loans to cash management and private banking services. Banco Santander, S.A. dividend safety benefits from this wide margin, though the history table does show at least one year-over-year decline exceeding 5%, which is the most significant data-supported factor that income investors should weigh against the current payout cushion.
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 data also contains at least one year-over-year decline exceeding 5%, meaning growth has not been linear. For income investors focused on predictable compounding, that volatility in the annual figures is the defining characteristic of SAN's growth profile.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +32.0% | $0.11 (2022) | $0.26 (2025) |
| 5-Year | +16.5% | $0.12 (2020) | $0.26 (2025) |
| 10-Year | -5.3% | $0.44 (2015) | $0.26 (2025) |
Banco Santander, S.A. fits dividend investors who want a conservative payout structure from a globally diversified bank, and who are not primarily chasing yield. The current yield of 1.87% falls in the low (below 2%) classification, and it sits well above the 5-year average yield of 1.09%, which means today's income rate is historically elevated for this stock. The 31.7% payout ratio provides meaningful headroom, but the historical record includes dividend declines, so income predictability is not guaranteed by the data. What an investor gets here is a low-payout, globally scaled bank with a yield that is high relative to its own history, offset by a growth rate of just 2.5% per year and a record that includes past cuts.
| 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.