Banco Santander, S.A. (SAN) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
SAN Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 8.4% and trend is rising.
SAN Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). SAN's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
SAN Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
SAN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Banco Santander, S.A. has limited earnings payout data (Unknown).
Piotroski F-Score: 3/9 — weak financial health.
Growth Track Record
SAN has raised its dividend for 4 consecutive years, with a 3-year CAGR of 31.9% and 5-year CAGR of 17.4%.
Total Shareholder Returns
Beyond cash dividends, SAN returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.4% and is currently rising. The 5-year total return is 242.7%, with dividends contributing 23.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,299 today.
SAN Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 4, 2026Latest | $0.1100 | ↓ -16.8% | 2.00% | May 8, 2026 |
| Oct 31, 2025 | $0.1323 | ↑ +6.6% | 2.53% | 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 |
SAN Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $182.0B | — | — | 4 | Unknown | |
2nd | $124.5B | 3.6% | 38.3% | 0 | Sustainable |
3rd | $82.4B | 3.4% | 30.8% | 5 | Sustainable |
| $140.3B | 1.6% | 38.7% | 4 | Sustainable | |
1st | $93.1B | 10.1% | 1.1% | 4 | Sustainable |
| $849.0B | 1.6% | 25.3% | 14 | Sustainable | |
| $407.9B | 2.4% | 31.2% | 6 | Sustainable |
SAN Annual Dividend History (1991–2026)
34 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.11 | — | 1 | — | — | — | 3.6% |
| 2025 | $0.26 | 22.1% | 2 | $0.87 | 29.5% | 3.39x | 8.4% |
| 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% |
Full SAN Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy SAN Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See SAN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SAN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare SAN vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonSAN — Frequently Asked Questions
Quick answers to the most common questions about buying SAN stock.
How much dividend does SAN pay per share?
Banco Santander, S.A. (SAN) pays a trailing 12-month dividend of $0.24 per share, with a current dividend yield of N/A. Payments are made 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 Annual.
Is SAN's dividend safe?
SAN's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. 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 +17.4%, demonstrating above-inflation dividend growth.
How often does SAN pay dividends?
Banco Santander, S.A. pays dividends Annual. The trailing 12-month total is $0.24 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
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 $34,265 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 +8.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.