On 8/4/14, Banco Santander SA's 6.80% Non-Cumulative Series 4 Guaranteed Preferred Securities (NYSE: SAN.PRA) will trade ex-dividend, for its quarterly dividend of $0.425, payable on 8/21/14. As a percentage of SAN.PRA's recent share price of $25.71, this dividend works out to approximately 1.65%, so look for shares of SAN.PRA to trade 1.65% lower — all else being equal — when SAN.PRA shares open for trading on 8/4/14. On an annualized basis, the current yield is approximately 6.48%, which c...
Banco Santander Non-Cumulative Series 4 Guaranteed Preferred Securities Ex-Dividend Reminder
Forbes - 31 Jul 2014 19:42
On 8/4/14, Banco Santander SA's 6.80% Non-Cumulative Series 4 Guaranteed Preferred Securities (NYSE: SAN.PRA) will trade ex-dividend, for its quarterly dividend of $0.425, payable on 8/21/14. As a percentage of SAN.PRA's recent share price of $25.71, this dividend works out to approximately 1.65%, so look for shares of SAN.PRA to trade 1.65% lower — all else being equal — when SAN.PRA shares open for trading on 8/4/14. On an annualized basis, the current yield is approximately 6.48%, which c...
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