Banco Santander has announced a 15% increase in its interim cash dividend, bringing shareholder payouts to 11.5 euro cents per share — payable from November 3, 2025. The move, revealed in a regulatory filing to Spain’s National Securities Market Commission (CNMV), underscores the bank’s strong first-half performance and ongoing commitment to shareholder returns.
Key Dividend Dates to Remember
- Last trading day with dividend right: October 29, 2025
- Ex-dividend date: October 30, 2025
- Record date: October 31, 2025
- Dividend payment date: November 3, 2025
Shareholders must own Santander shares before the ex-dividend date to be eligible for this payout. This interim distribution is part of a broader remuneration plan for 2025, which totals approximately €3,400 million — equivalent to around 50% of the bank’s attributable net profit in the first half of the year.
How Will the Dividend Be Paid?
Half of the €3.4 billion will be delivered via the cash dividend (€0.115 per share). The other half, amounting to approximately €1.7 billion, will be distributed through Santander’s share buyback program launched earlier in July.
The bank says the final distribution against 2025 results will be decided and communicated in the first quarter of 2026.
Strong Performance, Robust Returns
The dividend announcement comes amid record results for Santander. The bank reported a first-half attributable profit of €6,833 million in 2025, up 13% compared to the same period in 2024. Santander continues to target total revenues close to €62 billion this year and expects mid-to-high single-digit fee growth. Cost-cutting, a targeted cost of risk around 1.15%, a strong CET1 capital ratio of 13%, and a projected RoTE of 16.5% (post-AT1) further highlight the bank’s robust financial health.
Since 2021, Santander has repurchased more than 15% of its outstanding shares, further boosting shareholder value. Based on the interim dividend alone, annualized yield exceeds 5%—making Santander stock attractive for yield-seeking investors.
Investor Takeaway
With its increased interim dividend, aggressive share buybacks, and record-breaking profits, Santander continues to solidify its reputation as a shareholder-friendly blue chip in the European banking sector. Investors should mark the key dates in their calendars to take full advantage of these returns.
