- Information for Shareholders and Investors
Santander
Santander’s Shareholders Meeting has adopted a new dividend structure for shareholders. The structure offers ADR holders the opportunity to decide whether they prefer to continue to receive their upcoming November dividend in cash or newly issued Santander ADRs. The other quarterly dividends will continue to be paid only in cash.
This initiative enables ADR holders to choose a payment alternative that best fits their respective investment goals. According to this dividend structure, around the usual November dividend payment date, shareholders will receive one right for every share held. The value of each right will be the equivalent to the amount of the November dividend. ADR holders will be able to instruct the ADR depositary to convert the rights according to three options:
- Continue to receive a cash dividend. (Spanish tax withheld at a rate of 18%.)
- Sell rights in the market. (No Spanish tax withheld.)
- Receive new shares. (No Spanish tax withheld.)
Read on for more information regarding your choices.
Letter and Election Form
Brochure and letter
Other communications. Schedule
FAQs
Dividend Remainder Mailing.
Size: