Trailing Dividend / Share
$0.19
Banco Santander, S.A. (SAN) Dividend History
Income profile from 1999 to 2025 with payout safety and yield-on-cost trend
Dividend Yield
1.8%
Payout Ratio
24.0%
Sustainable
Dividend Streak
4 years
3-Second Income Check
Safety
24.0% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 7.1% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield1.8%
Trailing DPS$0.19
FrequencySemi-Annual
Payments / 12M2
Payout Safety
Earnings Payout24.0%
Earnings SafetySustainable
FCF Payout36.0%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak4 years
3Y CAGR25.1%
5Y CAGR13.8%
Yield on Cost (5Y)7.1%
YOC Trendrising
Total Returns
Buyback Yield3.1%
Total Shareholder Yield5.0%
1Y Total Return97.2%
5Y Total Return272.1%
Div Contribution (5Y)22.0%
Estimated $10K growth (return + dividends):
5Y ago$37,21310Y ago$37,27920Y ago$16,143
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (27 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Banco Santander, S.A. distributes 24.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 36.0%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
SAN has raised its dividend for 4 consecutive years, with a 3-year CAGR of 25.1% and 5-year CAGR of 13.8%.
Total Shareholder Returns
Beyond cash dividends, SAN returns capital through share repurchases. The combined picture: 1.8% dividend yield, 3.1% buyback yield, 5.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.1% and is currently rising. The 5-year total return is 272.1%, with dividends contributing 22.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $37,279 today.
Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$1.50
Avg/Payment$0.0751
Latest Change-23.7%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Oct 31, 2025Latest | $0.0946 | ↓ -23.7% | 2.15% | Nov 6, 2025 |
| Apr 30, 2025 | $0.1241 | ↑ +14.3% | 3.32% | May 7, 2025 |
| Oct 31, 2024 | $0.1085 | ↑ +6.9% | 4.32% | Nov 6, 2024 |
| Apr 29, 2024 | $0.1015 | ↑ +18.3% | 3.72% | May 7, 2024 |
| Oct 31, 2023 | $0.0858 | ↑ +31.7% | 4.16% | Nov 7, 2023 |
| Apr 27, 2023 | $0.0651 | ↑ +13.2% | 3.40% | May 5, 2023 |
| Oct 31, 2022 | $0.0575 | ↑ +6.4% | 4.28% | Nov 7, 2022 |
| Apr 28, 2022 | $0.0541 | ↓ -3.6% | 3.79% | May 5, 2022 |
Dividend Peer Comparison
Peer group: European universal banks
#5 yield in peer group
Div Yield
1.8%
#5 of 5
Safety
Sustainable
24.0% payout
Streak
4Y
13.8% 5Y CAGR
Total Shareholder
5.0%
#4 of 5
Annual Dividend History
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.22 | 4.2% | 2 | — | — | — | 7.1% |
| 2024 | $0.21 | 39.1% | 2 | $0.77 | 27.3% | 3.67x | 6.8% |
| 2023 | $0.15 | 35.2% | 2 | $0.65 | 23.2% | 4.31x | 4.9% |
| 2022 | $0.11 | 31.1% | 2 | $0.54 | 20.7% | 4.84x | 3.6% |
| 2021 | $0.09 | -25.8% | 2 | $0.44 | 19.3% | 5.17x | 2.8% |
| 2020 | $0.11 | -53.6% | 1 | $-0.54 | — | — | 3.7% |
| 2019 | $0.25 | -1.3% | 3 | $0.35 | 70.6% | 1.42x | 8.0% |
| 2018 | $0.25 | -24.2% | 4 | $0.43 | 58.2% | 1.72x | 8.2% |
| 2017 | $0.33 | 54.6% | 5 | $0.39 | 84.7% | 1.18x | 10.8% |
| 2016 | $0.21 | -49.5% | 4 | $0.39 | 54.8% | 1.83x | 7.0% |
See SAN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SAN Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare SAN vs JPM
See how SAN stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
How much dividend does SAN pay per share?
Banco Santander, S.A. (SAN) pays a trailing 12-month dividend of $0.19 per share, with a current dividend yield of +1.8%. Payments are made Semi-Annual.
When is SAN's next ex-dividend date?
SAN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. SAN typically pays dividends Semi-Annual.
Is SAN's dividend safe?
SAN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +24.0% and FCF payout ratio of +36.0%. The 4-year growth streak provides moderate confidence.
Is SAN a Dividend Payer?
Yes, Banco Santander, S.A. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +13.8%, demonstrating above-inflation dividend growth.
How often does SAN pay dividends?
Banco Santander, S.A. pays dividends Semi-Annual. The trailing 12-month total is $0.19 per share. Dividend data on this page covers 26+ years from 1999 to 2025.
How much would $10,000 invested in SAN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in SAN five years ago would be worth approximately $37,213 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is SAN's yield on cost for long-term holders?
SAN's yield on cost — the current dividend divided by the original purchase price — is +7.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to consistent dividend growth.