Banco Santander, S.A.
BCDRFFinancial Services · Stock · semiannual payer
Forward Yield
1.97%
Annual Dividend
$0.29
Payout Ratio
25%
5-Yr Growth
1.3%
Ex-Date
Apr 30, 2026
Frequency
Semiannual
Summary
As of September 2026, Banco Santander, S.A. (BCDRF) yields 1.97% ($0.29 per share annually), with a blended fair-value estimate of $19.94 — +31% upside, so it screens as undervalued. Dividend safety grade: C (57/100). 4 years of dividend growth.
Is BCDRF a good dividend stock?
MixedBanco Santander, S.A. (BCDRF) pays a semiannual dividend yielding 1.97% ($0.29/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (25%)
- 294% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 1.97%
- Payout Ratio
- 25%
- Annual Dividend
- $0.29
- 5-Yr Avg Growth
- 1.3%
- Ex-Dividend Date
- Apr 30, 2026
- Years of Growth
- 4
- Frequency
- semiannual
- Beta
- 0.93
- Market Cap
- $220.8B
- P/E Ratio
- 15.1
- 5-Yr Total Return
- 294%
- 52-Week Range
- $9.46 – $15.65
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
BCDRF Price — Last 12 Months
Daily close
Price Return
1 Year
+50%
3 Years
+290%
5 Years
+294%
52-Week Range
$9.46 – $15.65
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BCDRF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Banco Santander, S.A. is $19.94 per share, versus a market price of $15.22. That implies 31% of upside — a margin of safety of about 24%.
Fair Value
$19.94
Current Price
$15.22
Upside
+31%
Margin of Safety
24%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.01 EPS, $0.29 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BCDRF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 30, 2026 | — | $0.1460 | regular |
| Apr 29, 2025 | — | $0.1260 | regular |
| Oct 30, 2024 | — | $0.1080 | regular |
| Apr 29, 2024 | — | $0.1020 | regular |
| Oct 31, 2023 | — | $0.0860 | regular |
| Apr 27, 2023 | — | $0.0660 | regular |
| Oct 31, 2022 | — | $0.0580 | regular |
| Apr 28, 2022 | — | $0.0540 | regular |
| Oct 29, 2021 | — | $0.0570 | regular |
| Apr 30, 2021 | — | $0.0330 | regular |
| Nov 16, 2020 | — | $0.1180 | regular |
| Oct 30, 2019 | — | $0.1110 | regular |
| Apr 29, 2019 | — | $0.0720 | regular |
| Jan 30, 2019 | — | $0.0740 | regular |
Income Calculator
At $0.29 / yr per share
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