Banco Santander (LON:BNC) Share Price Crosses Above 50-Day Moving Average of $225.77

Banco Santander, S.A. (LON:BNCGet Rating) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 225.77 ($2.67) and traded as high as GBX 241.55 ($2.86). Banco Santander shares last traded at GBX 239.80 ($2.84), with a volume of 411,508 shares traded.

Banco Santander Stock Up 0.3 %

The firm has a market cap of £40.38 billion and a P/E ratio of 510.21. The firm has a fifty day moving average of GBX 225.77 and a 200-day moving average of GBX 224.68.

Banco Santander Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 2nd. Investors of record on Monday, October 31st were issued a dividend of €0.06 ($0.06) per share. This represents a yield of 2.38%. The ex-dividend date was Monday, October 31st. This is a positive change from Banco Santander’s previous dividend of $0.05. Banco Santander’s dividend payout ratio is presently 21.28%.

About Banco Santander

(Get Rating)

Banco Santander, SA provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products.

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