Santander approves 2026 interim cash dividend 10% above year-ago

Banco Santander

29/09/2026 14:39

Sept 29 (Reuters) - Spain's Banco Santander SAN.MC has approved a 2026 interim cash dividend of €0.127 ($0.144) per share, a 10% increase compared with the interim dividend paid last year, the euro zone's largest  lender by market value said on Tuesday.
The total interim shareholder remuneration against 2026 results will amount to about €3.7 billion, split about evenly between a cash dividend and the share buyback programme launched in August.
Marks the fifth consecutive year of double-digit growth in cash payout, with the interim dividend per share up 162% since 2021.
Santander's board intends to apply an ordinary shareholder remuneration policy for results from 2026 to 2028 that allocates approximately 50% of the group’s underlying profit.
From 2027 results, the policy is expected to comprise approximately 35% of the group's underlying profit in cash dividends and around 15% in share buybacks, it said.
     
($1 = 0.8814 euros)

(Reporting by Joao Manuel Mauricio in Gdansk, editing by Andrei Khalip)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))