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SAN share (Madrid) Negativo_GB 3.5485 | -1.03% | 18:00

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Dividends

TOTAL RETRIBUTION WITH CHARGE TO 2018

The fourth and final dividend charged to 2018 income was paid in cash in May, equivalent to 6.5 euro cents per share.

Total shareholder remuneration for 2018 was therefore 23 euro cents per share, a 4.5% increase compared to 2017.

TOTAL RETRIBUTION WITH CHARGE TO 2019

The board expects to announce the 2019 interim dividend after its meeting in September.

In order to align us with the current comparable practices in Europe, the board's target is to:

  • Maintain in the medium term a pay-out ratio of 40-50%, up from the current 30-40%.
  • Ensure that the cash dividend is at least the same as last year.
  • Make two payments charged to 2019 income as announced at the 2018 annual general meeting.

Further information on shareholder remuneration can be found in the following sections of this website:

 

2018
Date: 02/05/2019 01/02/2019 05/11/2018 01/08/2018
Gross 0,065 0,0650 0,0350 0,0650
Net 0,0527 0,0527 0,0284 0,0527
Currency Euro Euro Euro Euro
Class Ordinary Ordinary Ordinary Ordinary
Type Interim Interim Scrip Interim
Exercise 2018 2018 2018 2018
Dividend Yield 5,09% 5,36% 5,28% 4,79%
Ex-dividend Date 29/04/2019 30/01/2019 18/10/2018 30/07/2018

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