Santander raises interim dividend for Banco Santander stock
Published on 10/01/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Banco Santander will pay an interim cash dividend of EUR 0.13 per share on November 2, 2026, a 10.00 percent increase from the payment made a year earlier, according to Santander on September 29, 2026. The decision makes shareholder remuneration the clearest near-term issue for the bank's stock.
Dividend rises to EUR 0.13
The dividend is charged against 2026 results and will be available to shareholders who hold the stock through October 28, 2026, with the ex-dividend date set for October 29, 2026, according to the company release. The payment follows first-half underlying profit of EUR 7.328 billion, which increased 15.00 percent year over year.
The payout is supported by operating growth rather than a standalone distribution decision. Revenue increased 6.00 percent to EUR 30.847 billion in the first half of 2026, while the efficiency ratio improved by 2.90 percentage points to 42.80 percent, the same release said.
Analyst target reaches EUR 14.50
Markets Insider reported on September 18, 2026, that Citi raised its price target for Banco Santander from EUR 14.10 to EUR 14.50 and kept a Buy rating. The target stands EUR 2.17 above the latest Madrid quote of EUR 12.33, giving the analyst view a clearly higher reference level than the market price.
The wider analyst picture also carries a concrete date. Investing.com lists 17 Buy ratings and 3 Hold ratings, with an average 12-month target of EUR 13.53, and identifies October 27, 2026 as the next earnings date.
First-half strength meets a key date
Santander's first-half figures give the dividend a measurable operating base. Underlying profit of EUR 7.328 billion, revenue of EUR 30.847 billion and a 42.80 percent efficiency ratio show the combination of growth and cost control that management highlighted for 2026.
The next scheduled earnings date gives the market a near-term checkpoint for that picture. The October 27, 2026 report will be the next opportunity to compare the bank's progress with its stated 2026 targets, including higher underlying profit than the EUR 14.1 billion reported for 2025, according to the September 29 company release.
Stock remains below yearly high
Banco Santander was last at EUR 12.33 on the Madrid Stock Exchange on September 30, 2026, while the 52-week range shown by Investing.com spans EUR 8.10 to EUR 13.12. The market value was EUR 178.0 billion as of October 1, 2026, according to the same quote page. Price source: substitute price Madrid Stock Exchange, Lang & Schwarz without data set.
Banco Santander stock facts
- Company: Banco Santander, S.A.
- Ticker: SAN
- Primary exchange: Madrid Stock Exchange
- Substitute price Madrid Stock Exchange as of September 30, 2026: EUR 12.33
- Market capitalization: EUR 178.0 billion (as of October 1, 2026)
- 52-week range: EUR 8.10-EUR 13.12 (as of October 1, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 27, 2026
