Banco Santander Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities Ex-Dividend Reminder

On 8/19/14, Banco Santander SA's Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (NYSE: SAN.PRB) will trade ex-dividend, for its quarterly dividend of $0.26, payable on 9/5/14. As a percentage of SAN.PRB's recent share price of $21.20, this dividend works out to approximately 1.23%, so look for shares of SAN.PRB to trade 1.23% lower — all else being equal — when SAN.PRB shares open for trading on 8/19/14. On an annualized basis, the current yield is approximately 4.91%,...